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The Spatial Mismatch between Innovation and Joblessness
Glaeser, Edward L. - 2019
's most persistent pockets of joblessness. Could a more even spatial distribution of innovation reduce American joblessness …? Could Federal policies disperse innovation without significant costs? If research funding is already maximizing knowledge … production, then spatial reallocation of that funding will reduce America's overall innovation unless that reallocation comes …
Persistent link: https://www.econbiz.de/10012869066
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Consumption Commitments, Unemployment Durations, and Local Risk Aversion
Chetty, Raj - 2004
importance of commitments is tested using the labor-supply method of estimating risk aversion of Chetty (2003a). Global curvature …
Persistent link: https://www.econbiz.de/10012785960
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Why Do Unemployment Benefits Raise Unemployment Durations? Moral Hazard vs. Liquidity
Chetty, Raj - 2010
It is well known that unemployment benefits raise unemployment durations. This result has traditionally been interpreted as a substitution effect caused by a distortion in the price of leisure relative to consumption, leading to moral hazard. This paper questions this interpretation by showing...
Persistent link: https://www.econbiz.de/10012761906
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Why Do Unemployment Benefits Raise Unemployment Durations? Moral Hazard vs. Liquidity
Chetty, Raj - 2010
It is well known that unemployment benefits raise unemployment durations. This result has traditionally been interpreted as a substitution effect caused by a distortion in the price of leisure relative to consumption, leading to moral hazard. This paper questions this interpretation by showing...
Persistent link: https://www.econbiz.de/10014060100