Showing 1 - 10 of 237
analyzed trade-offs involving consumption smoothing and moral hazard. This paper shows how such policy can increase output by …The standard motivation for unemployment compensation is consumption smoothing and most papers in the literature have …
Persistent link: https://www.econbiz.de/10003867937
Persistent link: https://www.econbiz.de/10009553628
Persistent link: https://www.econbiz.de/10001723522
Persistent link: https://www.econbiz.de/10012208711
Persistent link: https://www.econbiz.de/10014331715
Persistent link: https://www.econbiz.de/10014331765
Persistent link: https://www.econbiz.de/10003730787
We use variation in oil output among Brazilian municipalities to investigate the effects of resource windfalls. We find muted effects of oil through market channels: offshore oil has no effect on municipal non-oil GDP or its composition, while onshore oil has only modest effects on non-oil GDP...
Persistent link: https://www.econbiz.de/10003904418
Persistent link: https://www.econbiz.de/10008664098
Persistent link: https://www.econbiz.de/10009746114