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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

The Effect of Public Corruption on COVID-19 Fatality Rate : A Cross-Country Examination

Farzanegan, Mohammad Reza - 2021

This paper evaluates whether the level of public corruption influences COVID-19 case fatality rates. Using cross-section data, including 64 countries and multiple regression techniques, we find that the level of corruption is positively and significantly associated with COVID-19 human costs....

Persistent link: https://www.econbiz.de/10013239558

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

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

From Anti-Vax Intentions to Vaccination : Panel and Experimental Evidence from Nine Countries

Galasso, Vincenzo; Pons, Vincent; Profeta, Paola; … - 2022

Millions of people refuse COVID-19 vaccination. Using original data from two surveys in nine OECD countries, we analyze the determinants of anti-vax intentions in December 2020 and show that half of the anti-vax individuals were vaccinated by summer 2021. Vaccinations were more likely among...

Persistent link: https://www.econbiz.de/10013305653

One Size Does Not Fit All : TFP in the Aftermath of Financial Crises in Three European Countries

Abele, Christian; Bénassy-Quéré, Agnès; Fontagné, … - 2021

-13 on firm-level productivity in France, Italy and Spain. We show that relying on a single break date in 2008 misses both …-level productivity negatively, high-leverage firms suffer more from financial constraints only in Italy, when they are relatively small … productivity …

Persistent link: https://www.econbiz.de/10013246463

Sectoral Okun's Law and Cross-Country Cyclical Differences

Goto, Eiji - 2020

We estimate Okun's law, the negative relationship between output and the unemployment rate, at the sector level for the US, the UK, Japan, and Switzerland to test several hypotheses that may explain why the aggregate Okun's coeffcients are different across countries. Specifically, we show that...

Persistent link: https://www.econbiz.de/10012841145

Pensions, Income Taxes and Homeownership : A Cross-Country Analysis

Fehr, Hans; Hofmann, Maurice; Kudrna, George - 2021

This paper studies the role of pensions and income taxes in determining homeownership and household wealth. It provides a cross-country analysis, using tax and pension policy designs in Germany, the US and Australia. These developed nations have similar incomes per capita but very different...

Persistent link: https://www.econbiz.de/10013216249

Occupations Shape Retirement Across Countries

Sauré, Philip U.; Seibold, Arthur; Smorodenkova, Elizaveta - 2023

We study how occupations shape individual and aggregate retirement behavior. First, we document large differences in individual retirement ages across occupations in U.S. data. We then show that retirement behavior among European workers is strongly correlated with U.S. occupational retirement...

Persistent link: https://www.econbiz.de/10014358043

Policy Implications of Models of the Spread of Coronavirus : Perspectives and Opportunities for Economists

Avery, Christopher - 2020

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

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