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concludes with an empirical application to consumer price inflation in Germany, France and Italy, and re-examines the extent to …
Persistent link: https://www.econbiz.de/10013038262
-proportions trade theory, Heckscher-Ohlin forces operate at the within-industry level, leading to endogenous variation in skill …
Persistent link: https://www.econbiz.de/10013012534
We show that a transfer targeting a minority of the population is sustained by majority voting, however small the minority targeted, when the probability to receive the transfer is decreasing and concave in income. We apply our framework to the French social housing program and obtain that...
Persistent link: https://www.econbiz.de/10013048895
unemployment of an enterprise zone policy implemented in France in the 1990s …
Persistent link: https://www.econbiz.de/10013043208
This paper exploits several reforms of wage subsidies in the framework of the German Minijob program to investigate substitution and complementarity relationships between subsidized and non-subsidized labor demand. We apply an instrumental variables approach and use administrative data on German...
Persistent link: https://www.econbiz.de/10012913189
-data from a major euro-area economy (France), we develop calibrated versions of these models. We assess the consequences for …
Persistent link: https://www.econbiz.de/10013094533
and Poland that with the new international division of labour emerging in Europe Austria, the high income country, is … specializing in the low skill intensive part of the value chain and Poland, the low income country, is specializing in the high … skill part. As a result, skilled workers in Austria are losing from outsourcing, while gaining in Poland. In Austria …
Persistent link: https://www.econbiz.de/10012783602
the effectiveness of such policies using changes in value-added tax (VAT) and household survey data for Poland. We find …
Persistent link: https://www.econbiz.de/10013315437
Unconventional fiscal policies incentivize households to accelerate consumption by generating future consumer price ination, and offer an alternative to unconventional monetary policy (Correia et al. (2013)). We use a natural experiment to study the causal effect of unconventional fiscal...
Persistent link: https://www.econbiz.de/10012995195
pushing a subset of European countries into hyperinflation shortly after the end of the war. Germany, Austria, Poland, and …
Persistent link: https://www.econbiz.de/10012915083