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We examine the impact of the COVID-19 pandemic on the formation of energy conservation routines. To do so, we use data from two nationwide surveys of German households, conducted before and during the pandemic. Across the two survey waves, we document a significant increase in the likelihood...
Persistent link: https://www.econbiz.de/10013474540
That historical inequality can affect long run macroeconomic performance has been argued by a large literature on … endogenous inequality using models of indivisibilities in occupational choice, in the presence of borrowing constraints. These …
Persistent link: https://www.econbiz.de/10012502955
life-cycle model, we find that redistribution by taxes and transfers off sets 54% of the inequality in lifetime earnings … would provide more insurance if based on lifetime instead of annual earnings. Requiring wealthy individuals to repay social … assistance received when younger would strengthen the insurance and redistributive functions of social assistance. …
Persistent link: https://www.econbiz.de/10012108653
-cycle model, we determine that taxes and transfers offset 45% of lifetime earnings inequality attributed to differences in … lifetime tax reform linking annual taxes to previous employment could improve the system's insurance capabilities, albeit at …
Persistent link: https://www.econbiz.de/10014427523
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Empirical evidence indicates local jurisdictions are internally more heterogeneous than standard sorting models predict. We develop a dynamic multi-region model, with fluctuating regional house prices, where an owner-occupying household's location choice depends on its current wealth and its...
Persistent link: https://www.econbiz.de/10012503002
A stylised fact in the development literature is that resource-constrained households in low-income countries invest very little in preventive healthcare. This paper investigates how the households trade off investment in their children's preventive healthcare during idiosyncratic shocks when...
Persistent link: https://www.econbiz.de/10012503074
This discussion paper describes the extent of social inequalities both within and between the countries of the European Union. In the first three chapters we address the micro level of individual life courses: education, employment and income. The following chapters analyse the societal...
Persistent link: https://www.econbiz.de/10010430026