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We show that demand side cash subsidies to care recipients alter both caregiving and intergenerational transfer decisions. We exploit a quasi-natural experiment referring to the inception of a universal caregiving allowance (in 2007 and its reduction in 2012). We find a caregiving subsidy (of a...
Persistent link: https://www.econbiz.de/10012967394
One of the intended effects of an integrated network of long-term care (LTC) services lies in the reduction of (unnecessary) health care utilisation. This paper draws upon the quasi-experimental evidence from Spain to examine the causal effect of the expansion of affordable long-term care (LTC)...
Persistent link: https://www.econbiz.de/10012967685
We investigate whether the decision to experiment with novel policies is influenced by electoral incentives. Our …. We find that electoral incentives matter: governors with strong electoral support are less likely to experiment with … striving for reelection. The importance of electoral incentives is robust to controlling for governor ideology, voter …
Persistent link: https://www.econbiz.de/10012918056
The distribution of unemployment duration in our equilibrium matching model with spell-dependent unemployment benefits displays a time-varying exit rate. Building on Semi-Markov processes, we translate these exit rates into an expression for the aggregate unemployment rate. Structural estimation...
Persistent link: https://www.econbiz.de/10013142487
This paper studies Comprehensive Performance Assessment, an explicit incentive scheme for local government in England. Motivated by a simple theoretical political agency model, we predict that CPA should increase service quality and local taxation, but have an ambiguous effect on the efficiency...
Persistent link: https://www.econbiz.de/10013124097
We investigate the responsiveness of individual retirement decisions to changes in financial incentives. A reform … identify causal effects. We find strong and robust behavioral effects of changes in financial retirement incentives. A …
Persistent link: https://www.econbiz.de/10013106543
Unemployment insurance (UI) sanctions in the form of benefit reductions are intended to set disincentives for UI recipients to stay unemployed. Empirical evidence about the effects of UI sanctions in Germany is sparse. Using administrative data we investigate the effects of sanctions on the...
Persistent link: https://www.econbiz.de/10012768154
The use of large datasets for macroeconomic forecasting has received a great deal of interest recently. Boosting is one possible method of using high-dimensional data for this purpose. It is a stage-wise additive modelling procedure, which, in a linear specification, becomes a variable selection...
Persistent link: https://www.econbiz.de/10013085278
Using data from the 2006 wave of the German Socio-Economic Panel (GSOEP), this paper analyzes how a minimum wage affects employment, wage inequality, public expenditures, and aggregate income in the low-wage sector. It is shown that a statutory minimum wage of EUR 7.50 per hour would cost...
Persistent link: https://www.econbiz.de/10012769311
This paper provides a quantitative comparison of the main architectures for an agreement on climate policy. Possible …
Persistent link: https://www.econbiz.de/10012753436