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Persistent link: https://www.econbiz.de/10000122609
pattern of the United States. In this paper we compare the US with Germany, Italy, the United Kingdom, and also with Canada …
Persistent link: https://www.econbiz.de/10012471641
Many households hold little wealth, especially liquid wealth. In precautionary savings models, absent preference heterogeneity, these households should display not only higher marginal propensities to consume (MPCs), but also lower average propensities to consume (APCs) and higher future...
Persistent link: https://www.econbiz.de/10012479167
implications for the severity of the COVID-19 recession, the design of policies, and the speed of the recovery …
Persistent link: https://www.econbiz.de/10012481180
Using original data from two waves of a survey conducted in March and April 2020 in eight OECD countries (N = 21,649), we show that women are more likely to see COVID-19 as a very serious health problem, to agree with restraining public policy measures adopted in response to it, and to comply...
Persistent link: https://www.econbiz.de/10012481554
audience of economists who want a framework for understanding the effects of social distancing and containment policies on the … simple model, different policies that yield the same transmission rate β have the same health outcomes but can have very … different economic costs. Thus, one way to frame the economics of shutdown policy is as finding the most efficient policies to …
Persistent link: https://www.econbiz.de/10012482082
Financial crises cause economic, social and political havoc. Macroprudential policies are gaining traction but are …
Persistent link: https://www.econbiz.de/10012482520
back to 16th Century Italy, 18th Century Britain, and 19th Century United States. In the United States, election betting …
Persistent link: https://www.econbiz.de/10012464270
We estimate the degree of 'stickiness' in aggregate consumption growth (sometimes interpreted as reflecting consumption habits) for thirteen advanced economies. We find that, after controlling for measurement error, consumption growth has a high degree of autocorrelation, with a stickiness...
Persistent link: https://www.econbiz.de/10012464771
This paper compares the role innovation plays in productivity across the four European countries France, Germany, Spain and the UK using firm-level data from the internationally harmonized Community Innovation Surveys (CIS3). Despite a considerable number of national firm-level studies analysing...
Persistent link: https://www.econbiz.de/10012465938