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Does Policy Communication During COVID Work?

Coibion, Olivier - 2020

Using a large-scale survey of U.S. households during the Covid-19 pandemic, we study how new information about fiscal and monetary policy responses to the crisis affects households' expectations. We provide random subsets of participants in the Nielsen Homescan panel with different combinations...

Persistent link: https://www.econbiz.de/10012830360

Robust Information Aggregation Through Voting

Midjord, Rune - 2019

Numerous theoretical studies have shown that information aggregation through voting is fragile. We consider a model of information aggregation with vote-contingent payoffs and generically characterize voting behavior in large committees. We use this characterization to identify the set of...

Persistent link: https://www.econbiz.de/10012866804

Market for Information and Selling Mechanisms

Bounie, David - 2020

We investigate the strategies of a data intermediary selling consumer information to firms for price discrimination purpose. We analyze how the mechanism through which the data intermediary sells information influences how much consumer information she will collect and sell to firms, and how it...

Persistent link: https://www.econbiz.de/10012832202

Distribution and Use of Knowledge Under the 'Laws of the Web'

Falkinger, Josef - 2021

Empirical evidence shows that the perception of information is strongly concentrated in those environments in which a mass of producers and users of knowledge interact through a distribution medium. This paper considers the consequences of this fact for economic equilibrium analysis. In...

Persistent link: https://www.econbiz.de/10013316668

Short-Time Work Subsidies in a Matching Model

Meier, Volker - 2019

We consider positive and normative aspects of subsidizing work arrangements where subsidies are paid in time of low demand and reduced working hours so as to stabilize workers’ income. In a matching framework such an arrangement increases labor demand. Tightening eligibility to short-time work...

Persistent link: https://www.econbiz.de/10012892292

Optimal Energy Taxes and Subsidies under a Cost-Effective Unilateral Climate Policy : Addressing Carbon Leakage

Kruse-Andersen, Peter - 2019

domestic and foreign production of other goods. The optimal tax-subsidy scheme is based on an intuitive principle: Impose a …. Producers of renewables-based electricity should receive a subsidy to internalize their contribution to the reduction of global …

Persistent link: https://www.econbiz.de/10012859989

Efficiency in Wholesale Electricity Markets : On the Role of Externalities and Subsidies

Bialek, Sylwia; Unel, Burcin - 2021

-best outcomes. We also show there exists a range of subsidy rates that are welfare-enhancing when greenhouse gas externalities are …

Persistent link: https://www.econbiz.de/10013234520

Optimal Solar Subsidies

Colas, Mark; Saulnier, Emmett - 2023

We study the spatial misallocation resulting from subsidies for residential solar panels in the US and quantify the associated environmental costs. We build a structural model of solar panel demand and electricity production across the country and estimate the model by combining 1) remotely...

Persistent link: https://www.econbiz.de/10014348184

The Employment Effects of a Pandemic Wage Subsidy

Smart, Michael; Kronberg, Matthew; Lesica, Josip; … - 2023

We estimate the causal effects of a pandemic-era wage subsidy program in Canada on job losses and business closures … changes in the wage subsidy rate. The estimated net wage elasticity of employment was 0.11, implying a small aggregate … employment effect of the program and an estimated fiscal cost per job saved of nearly $200,000 per year. Subsidy payments caused …

Persistent link: https://www.econbiz.de/10014262746

Long-Term Effects of Hiring Subsidies for Unemployed Youths—Beware of Spillovers

Albanese, Andrea; Cockx, Bart; Dejemeppe, Muriel - 2022

-shot hiring subsidy targeted at low-educated unemployed youths during the Great Recession recovery in Belgium. The subsidy …

Persistent link: https://www.econbiz.de/10014244086

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