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Did the financial crisis spread from distressed banks to households through a contraction of the credit supply? We study this question with a dataset that contains observations on all accounts in Danish banks as well as comprehensive information about individual account holders and banks. We...
Persistent link: https://www.econbiz.de/10013010472
Persistent link: https://www.econbiz.de/10003680749
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This paper studies the heterogeneity of the marginal propensity to consume out of wealth based on French household …
Persistent link: https://www.econbiz.de/10012944978
Unconventional fiscal policy uses announcements of future increases in consumption taxes to generate inflation expectations and accelerate consumption expenditure. It is budget neutral and time consistent. We exploit a unique natural experiment for an empirical test of the effectiveness of...
Persistent link: https://www.econbiz.de/10012981297
children and spousal specialization in home production of public goods and child care. We then study how child care provision …
Persistent link: https://www.econbiz.de/10013108093
What happens to children's long-run cognitive development when introducing universal high-quality childcare for 3-year … difference-in-difference approach. We find sizable improvements in children's reading and math skills at age 15, as well as in … grade progression during primary and secondary school. Effects are driven by girls and disadvantaged children …
Persistent link: https://www.econbiz.de/10013087731
Using birth certificates matched to schooling records for Florida children born 1992 – 2002, we assess whether family … gap in neonatal health. We conclude that the gender gap among black children is larger than among white children in … substantial part because black children are raised in more disadvantaged families …
Persistent link: https://www.econbiz.de/10012988233
Many countries are currently expanding access to child care for young children. But are all children equally likely to … (children’s age, birth weight and socio-economic background), but less so with respect to unobserved determinants of selection …
Persistent link: https://www.econbiz.de/10013315821
We use data on insurance deductible choices to estimate a structural model of risky choice that incorporates 'standard' risk aversion (diminishing marginal utility for wealth) and probability distortions. We find that probability distortions - characterized by substantial overweighting of small...
Persistent link: https://www.econbiz.de/10013315858