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and affects the overall effectiveness of forward guidance. We find that the central banks of the U.S., the U.K., Germany …
Persistent link: https://www.econbiz.de/10014421202
We use a detailed micro dataset on product availability to construct a direct high-frequency measure of consumer product shortages during the 2020-2021 pandemic. We document a widespread multi-fold rise in shortages in nearly all sectors early in the pandemic. Over time, the composition of...
Persistent link: https://www.econbiz.de/10012629429
We investigate the employment consequences of deindustrialization for 1,993 cities in France, Germany, Great Britain …
Persistent link: https://www.econbiz.de/10014447269
Public disability programs provide financial support to 12 million working-age individuals per year, though not all eligible individuals take up these programs. Mixed evidence exists regarding the impact of Medicaid eligibility expansion on program take-up, and even less is known about the...
Persistent link: https://www.econbiz.de/10014337791
Due to population aging, GDP growth per capita and GDP growth per working-age adult have become quite different among many advanced economies over the last several decades. Countries whose GDP growth per capita performance has been lackluster, like Japan, have done surprisingly well in terms of...
Persistent link: https://www.econbiz.de/10014437045
This paper examines whether a generous cash intervention early in life can "undo" some of the long-term disadvantage associated with poor health at birth. We use new linkages between several large-scale administrative datasets to examine the short-, medium-, and long-term effects of providing...
Persistent link: https://www.econbiz.de/10014372503
Social Security Disability Insurance and Supplemental Security Income, the United States' two primary disability income support programs, each offer a pathway to public health insurance in addition to cash benefits. This implies that expansions in public health insurance availability, such as...
Persistent link: https://www.econbiz.de/10014421242
Governments around the world redistribute to distressed areas by conditioning taxes and transfers on location. We show that when poor households are spatially concentrated, transfers from one location to another can yield equity gains that outweigh their efficiency costs, even when income-based...
Persistent link: https://www.econbiz.de/10012482555
Monthly government transfer programs create cycles of consumption that track the timing of benefit receipt. In this paper, we exploit state-level variation in the staggered timing of nutritional assistance benefit issuance across households to analyze how this monthly cyclicality in food...
Persistent link: https://www.econbiz.de/10012482604
The expiration of the temporary $600 boost to weekly UI benefits under the Federal Pandemic Unemployment Compensation (FPUC) led to a sharp, unprecedented, 98 percentage point reduction (on average) in the replacement rate during a time when employment was recovering during the Covid recession....
Persistent link: https://www.econbiz.de/10012482686