Showing 1 - 10 of 53
In this paper we study the importance of marriage for interstate risk sharing. We find that US states in which married couples account for a higher share of the population are less exposed to state-specific output shocks. Thus, marriages do not just improve the allocation of risk at the...
Persistent link: https://www.econbiz.de/10003760281
Persistent link: https://www.econbiz.de/10003511786
This paper shows that job mobility is a valuable channel which employed workers use to mitigate bad labor market shocks. I construct and estimate a model of wage dynamics jointly with a dynamic model of job mobility. The key feature of the model is the specification of wage shocks at the worker-...
Persistent link: https://www.econbiz.de/10011308407
Persistent link: https://www.econbiz.de/10010345409
This paper takes advantage of the COVID-19 outbreak to explore the determinants of firms' R&D choices around an exogenous shock. We make use of unique panel data on 7,800 Italian companies between January 2020 - right before the pandemic - and March of the same year - amid lockdown policies. We...
Persistent link: https://www.econbiz.de/10012705555
Persistent link: https://www.econbiz.de/10012585978
Persistent link: https://www.econbiz.de/10012586204
Persistent link: https://www.econbiz.de/10012589560
Persistent link: https://www.econbiz.de/10012609926
Persistent link: https://www.econbiz.de/10012878891