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partial insurance of parental investments against permanent income shocks, but the magnitude of the estimated responses is … small. We cannot reject the hypothesis full insurance against temporary shocks. Another interpretation of our findings is … that there is very little insurance available, but the fact that skill is a non-separable function of parental investments …
Persistent link: https://www.econbiz.de/10010510508
Influenza and air pollution each pose significant public health risks with large global economic consequences. The … common pathways through which each harms health presents an interesting case of compounding risk via interacting …
Persistent link: https://www.econbiz.de/10012519141
Travel restrictions are often imposed to limit the spread of infectious diseases. As uniform restrictions can be inefficient and incur unnecessarily high costs, this paper examines the optimal design of restrictions that target specific travel routes. We propose a model with trade-offs between...
Persistent link: https://www.econbiz.de/10013198844
This paper employs a skills-based approach to identify individual and job factors most likely to be impacted by social distancing measures and practices due to the Covid-19 pandemic. Using data from the Cedefop European skills and jobs survey, a Covid-19 social distancing risk index (COV19R) is...
Persistent link: https://www.econbiz.de/10012227242
This paper focuses on the spatial variation in the uptake of social security benefits following a large and detrimental exogenous shock. Specifically, we focus on the Global Financial Crisis (GFC) and the onset of the COVID-19 pandemic. We construct a two-period panel of 66 Territorial...
Persistent link: https://www.econbiz.de/10013347147
ranging from ex ante route-specific travel restrictions to ex post health measures based on travel histories, and from the …
Persistent link: https://www.econbiz.de/10012806067
We study the impact of a COVID-19 relief program on compliance with confinement measures in Italy, the early epicenter of the pandemic. We match information on the allocation of funds across Italian municipalities with data tracking citizens' movements drawn from mobile devices and vehicles'...
Persistent link: https://www.econbiz.de/10012427771
Nutritious eating habits contribute to a stronger immune system necessary for prevention and easier recovery from illnesses. A job loss, experienced by millions of Americans during the Covid-19 pandemic, is expected to negatively affect food security of families. This research explores the...
Persistent link: https://www.econbiz.de/10012508220
More than ten percent of Americans with recent work experience say they will continue social distancing after the COVID-19 pandemic ends, and another 45 percent will do so in limited ways. We uncover this Long Social Distancing phenomenon in our monthly Survey of Working Arrangements and...
Persistent link: https://www.econbiz.de/10013426066
provide a novel decomposition of labor income tax formulas into a redistribution and an insurance component. The latter is … capital tax is non-zero and trades off redistribution and insurance against savings distortions. Our quantitative results … reveal that the insurance component contributes significantly to optimal labor tax rates and provides an informative lower …
Persistent link: https://www.econbiz.de/10011283108