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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
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
older siblings suggest that the policy affects the whole household, not just targeted family members …
Persistent link: https://www.econbiz.de/10013315925
When asking for donations, charitable organizations often use suggestions concerning the amount of potential contributions. In our randomized field experiment, opera visitors received solicitation letters asking to support a social youth project organized by the opera house. The three different...
Persistent link: https://www.econbiz.de/10013057248
We estimate household equivalence scales using income satisfaction data from the German Socio-Economic Panel. We extend … overestimation of adults' and an underestimation of children's needs-based equivalence weights. Our results indicate that controlling … for income comparisons eliminates the gap between equivalence scale parameters for adults and children found in other …
Persistent link: https://www.econbiz.de/10012979128
To assess whether earnings-dependent maternity leave positively impacts fertility and narrows the baby gap between high educated (high earning) and low educated (low earning) women, I exploit a major maternity leave benefit reform in Germany that considerably increases the financial incentives...
Persistent link: https://www.econbiz.de/10012946918
survey data that cover the last decades we find significant positive correlations. Using instrumental variables estimation …
Persistent link: https://www.econbiz.de/10013315571
We show that professional soccer players exhibit reference-dependent behavior during matches. Controlling for the state of the match and for unobserved heterogeneity, we show on a minute-by-minute basis that a player breaches the rules of the game, measured by the referee's assignment of cards,...
Persistent link: https://www.econbiz.de/10013105143
Using aggregate data on U.S. multinational firms' activities, we document the impact of tax havens on the organization and trade of multinational firms. Conventional wisdom says that MNEs set up foreign sales platforms close to large markets to benefit from the proximity to consumers. We show,...
Persistent link: https://www.econbiz.de/10012910882
experiment. Relying on household data that are representative for Germany, our empirical results strongly indicate that …
Persistent link: https://www.econbiz.de/10013100938