Showing 11 - 20 of 69
model allows for health effects on employment risks, on productivity, on longevity, the correlation between health risks …
Persistent link: https://www.econbiz.de/10011999332
that an overall increase in risk aversion contributes to wage moderation and promotes employment. …
Persistent link: https://www.econbiz.de/10010264999
In this paper we develop a structural model of female employment and fertility which accounts for intertemporal … feedback effects between the two outcomes. We identify the effect of financial incentives on the employment and fertility … decision by exploiting variation in the tax and transfer system which differs by employment state and number of children. To …
Persistent link: https://www.econbiz.de/10010271140
In Europe, there are significant differences in the extent and in the structure of in-work poverty. Based on a comparison of 20 countries the present study analyses to what extent this is due to the differences in the institutional framework conditions of a given country. The analy-ses are based...
Persistent link: https://www.econbiz.de/10010271570
address this pressing open question in public finance, we estimate a life-cycle model in which the optimal employment …
Persistent link: https://www.econbiz.de/10010286305
This paper extends the idea of using ex-ante risk measures in a model of precautionary savings by explicitly simulating future net-income risks. The uncertainty measure takes into account the interdependency of labour market status and health. The model is estimated for prime age males using the...
Persistent link: https://www.econbiz.de/10010287263
We estimate the macroeconomic effects of import tariffs and trade policy uncertainty in the United States, combining theory-consistent and narrative sign restrictions on Bayesian SVARs. We find mostly adverse consequences of protectionism. Tariff shocks are more important than trade policy...
Persistent link: https://www.econbiz.de/10014474963
The paper analyses the global spillovers of the Federal Reserve's unconventional monetary policy measures. First, we find that Fed measures in the early phase of the crisis (QE1), but not since 2010 (QE2), were highly effective in lowering sovereign yields and raising equity markets in the US...
Persistent link: https://www.econbiz.de/10010316434
The appropriate design of monetary policy in integrated financial markets is one of the most challenging areas for central banks. One hot topic is whether the rise in liquidity in recent years has contributed to the formation of price bubbles in asset markets. If strong linkages exist, the...
Persistent link: https://www.econbiz.de/10010291772
numerical simulation. In a world of declining US shale gas production after 2015, natural gas consumption outside the USA is …
Persistent link: https://www.econbiz.de/10010327255