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We assess the credit market impact of allowing mortgage "strip-down" as a foreclosure-prevention measure, where strip-down reduces the principal of underwater residential mortgages to the current market value of the property for homeowners in Chapter 13 bankruptcy. Our identification is provided...
Persistent link: https://www.econbiz.de/10010337629
We study how furlough affects household financial distress during the COVID-19 pandemic. Furlough increases the probability of late housing and bill payments by 30% and 9%, respectively. The effects exist for individuals who rent their home, but not mortgagees who can mitigate financial distress...
Persistent link: https://www.econbiz.de/10012619269
We exploit the outset of a regulation seeking to improve judicial efficiency through the rearrangement of courts’ geography in Italy to provide causal evidence on the relationship between judiciary structural reforms and banks financial stability. To this end, we apply a...
Persistent link: https://www.econbiz.de/10012485338
Introduction Germany currently finds itself in a difficult economic situation, one characterised not only by a long …, pose a threat to Germany's medium-term growth prospects. In the international context the central challenges result from …
Persistent link: https://www.econbiz.de/10011432493
the aggregate analysis. Germany spends more on product quality enhancing activities such as R&D and investment in the … durchgeführten Fallstudien führen zu ähnlichen Schlußfolgerungen wie die aggregierte Analyse. In Deutschland sind mehr Ausgaben für …
Persistent link: https://www.econbiz.de/10011432507
We compare patterns of movements into and out of poverty by children in Britain and Germany using data from the British … Household Panel Survey and the German Socio-Economic Panel for the period 1992-7. Compared to Germany, in Britain poverty …Wir vergleichen die Muster der Armutsdynamik bei Kindern in Großbritannien und Deutschland anhand der Daten der British …
Persistent link: https://www.econbiz.de/10011433951
In the 1990s overtime incidence in Great Britain and West Germany is quite similar, while the average amount of hours … of overtime for full-time male workers with overtime in Great Britain is roughly twice those in Germany for all years. We … time. In Germany, we observe a remarkable decrease in the share of workers who work paid overtime and a significant …
Persistent link: https://www.econbiz.de/10011433960
, Germany, Ireland, Spain, Hungary and Russia. As well as using standard relative poverty definitions the paper examines flows …, Großbritannien, Deutschland, Irland, Spanien, Ungarn und Russland. Neben der Verwendung von Standard-Definitionen zur Erfassung …
Persistent link: https://www.econbiz.de/10011433962
Eine erste systematische, modellgestützte Untersuchung der ökologischen Steuerreform in Deutschland kommt zu moderaten …A first systematic, model-based analysis of the environmental fiscal reform in Germany indicates moderate but slightly …
Persistent link: https://www.econbiz.de/10011434131
The concept party identification lies at the heart of much research on political preferences and behavior in established democracies. Drawing on data obtained from the British Household Panel Survey (1991-99) and the German Socio-Economic Panel Survey (1984-1998), we offer a fresh approach to...
Persistent link: https://www.econbiz.de/10011435798