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This paper studies the long-term consequences on firms and workers of the credit crunch triggered by the 2007-2008 global financial crisis. Relying on a unique matched bank-employer-employee administrative dataset, we construct a firm-specific credit supply shock and examine firms’ and...
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distribution; and a permanent positive effect on full-time employment. …
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This study analyzes the causal effect of an increase in the retirement age on health. We exploit a sizable cohort …-in-Differences approach. The analysis is based on official records covering all individuals insured by the public health system in Germany and …-dimensionality in these health effects. The empirical findings reflect the multi-dimensionality but allow for deriving two broader …
Persistent link: https://www.econbiz.de/10013191363
The paper develops and applies a Grossman-style health production model set up in discrete time to explain the impact … of environmental pollution on the demand for both health and health care. In order to introduce the environment, our … analysis takes changes in environmental conditions to influence the rate at which an individual's stock of health depreciates …
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This paper addresses the question of how firms react to tax incentives in a formula apportionment (FA) tax regime. Under FA, profits of all consolidated entities of a business group are summed and then allocated according to a formula based on FA factors. We hypothesize that firms may change the...
Persistent link: https://www.econbiz.de/10011401184