Showing 1 - 10 of 1,562
while keeping the epidemic in check. Here I use basic economic principles to shed light on the key tradeoffs. A central …
Persistent link: https://www.econbiz.de/10012826065
The vast literature on earnings inequality has so far largely ignored the role played by hours of work. This paper … inequality in hours worked as well as the correlation between the two. We use data for the US, the UK, France, and Germany over … the period 1991-2016 to examine the evolution of inequality in hours worked and of the correlation between individual …
Persistent link: https://www.econbiz.de/10014240481
this return inequality? I study capital taxation in an economy in which return rates endogenously correlate with wealth … lower marginal tax rates. The endogeneity of returns generates an inequality multiplier effect between wealth and its …
Persistent link: https://www.econbiz.de/10013233147
financial literacy and business ownership for the increase in wealth inequality between college and non-college households …Using new long-run microdata, this paper studies wealth and income trends of college and non-college households in the … United States since 1956. We document the emergence of a substantial college wealth premium since the 1980s, which is …
Persistent link: https://www.econbiz.de/10012866555
-term outcomes such as education, teenage pregnancy, occupation, mortality, and victimization …
Persistent link: https://www.econbiz.de/10014243166
We use data from the EU Labour Force Survey for 8 countries and document the levels of working from home in the sample countries, industries, and occupations in the 2011-2019 period and its changes in 2020, the year when the COVID-19 pandemic started. We show that there are significant...
Persistent link: https://www.econbiz.de/10014077002
Using a gravity-like approach, we study how Covid-19 deaths and lockdown policies affected countries’ imports from China during 2020. We find that a country’s own Covid-19 deaths and lockdowns significantly reduced its imports from China, suggesting that the negative demand effects prevailed...
Persistent link: https://www.econbiz.de/10013224091
Developments in trade finance in 2020 were largely driven by the impact of the COVID-19 pandemic. Twelve years after the great financial crisis of 2008-09, the issue of trade finance reemerged as a matter of urgency. While the current pandemic-related crisis did not have a financial cause, one...
Persistent link: https://www.econbiz.de/10013243239
This paper uses fractional integration methods to assess the impact of US policy responses (containment and health measures, income support policy, debt-relief policy, changes in the Effective Federal Funds Rate, monetary and fiscal announcements) to the COVID-19 pandemic on US sectoral stock...
Persistent link: https://www.econbiz.de/10013322776
This paper provides a critical review of models of the spread of the coronavirus (SARS-CoV-2) that have been … influential in recent policy discussions. It notes potentially important features of the real- world environment that the standard …
Persistent link: https://www.econbiz.de/10012833728