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Superstition, conspicuous spending, and housing markets : evidence from Singapore

Agarwal, Sumit; He, Jia; Liu, Haoming; Png, Ivan; Sing, … - 2016

For most people, buying a home is their single largest financial commitment. Previous research shows that Chinese buyers pay less for homes with unlucky addresses and more for homes with lucky addresses. Using Singapore data on housing transactions combined with a plethora of individual buyer...

Persistent link: https://www.econbiz.de/10011458319

Import competition and public attitudes towards trade

Davenport, Alex; Dorn, David; Levell, Peter - 2021

that it has specific benefits in terms of reducing prices, creating jobs, or increasing wages. While economists often … emphasize the consumer benefits of trade due to lower prices, only 20-40% of survey respondents in most countries perceive such …

Persistent link: https://www.econbiz.de/10012588749

The economic effects of COVID-19 and credit constraints: evidence from Italian firms' expectations and plans

Balduzzi, Pierluigi; Brancati, Emanuele; Brianti, Marco; … - 2020

. Most firms revise downward their expectations for sales, orders, employment, and investment, while prices are expected to … higher prices, relative to unconstrained firms. The search for and availability of liquidity is a key determinant of firms …

Persistent link: https://www.econbiz.de/10012271637

Purchasing-power-parity and the saving behavior of temporary migrants

Akay, Alpaslan; Brausmann, Alexandra; Djajić, Slobodan; … - 2018

How does saving behavior of immigrants respond to changes in purchasing power parity between the source and host countries? We examine this question by building a theoretical model of joint return-migration and saving decisions of temporary migrants and then test its implications by using data...

Persistent link: https://www.econbiz.de/10011886875

Firm dynamics with frictional product and labor markets

Kaas, Leo; Kimasa, Bihemo - 2018

This paper analyzes the joint dynamics of prices, output and employment across firms. We develop a dynamic equilibrium … productivity and demand shocks have distinct implications for the firms' output and price adjustments. Using panel data on prices … productivity and demand for the labor market and the dispersions of prices and labor productivity. We further analyze the impact of …

Persistent link: https://www.econbiz.de/10011896893

The downward spiral

Greenwood, Jeremy; Guner, Nezih; Kopecky, Karen A. - 2022

There have been more than 500,000 opioid overdose deaths since 2000. To analyze the opioid epidemic, a model is constructed where individuals choose whether to use opioids recreationally, knowing the probabilities of addiction and dying. These odds are functions of recreational opioid usage....

Persistent link: https://www.econbiz.de/10013382024

A comparison of the poverty impact of transfers, taxes and market income across five OECD countries

Bibi, Sami (contributor); Duclos, Jean-Yves (contributor) - 2008

This paper compares the poverty reduction impact of income sources, taxes and transfers across five OECD countries … the Luxembourg Income Study (LIS) database. -- Poverty reduction ; transfers ; taxes ; Shapley value ; OECD countries …

Persistent link: https://www.econbiz.de/10003777874

Speed discounting and racial disparities : evidence from speeding tickets in Boston

Anbarcı, Nejat (contributor); Lee, Jungmin (contributor) - 2008

Law enforcement officers are allowed to exercise a significant amount of street-level discretion in a variety of ways. In this paper, we focus on a particular prominent kind of discretionary behavior by traffic officers when issuing speeding tickets, speed discounting. Officers partially forgive...

Persistent link: https://www.econbiz.de/10003793487

Relational contracts, taxation and the household

Apps, Patricia; Rees, Ray - 2009

This paper applies the theory of relational contracts to make precise the idea that because households are engaged in a repeated non-cooperative game, Pareto efficient outcomes can be supported by self interest, given the specific pattern of specialisation and exchange which exists in the...

Persistent link: https://www.econbiz.de/10003847154

Does formality improve micro-firm performance? : quasi-experimental evidence from the Brazilian SIMPLES program

Fajnzylber, Pablo; Maloney, William F.; Montes-Rojas, … - 2009

-firm performance. The SIMPLES program introduced in November 1996 consolidated multiple taxes and social security contributions into a … single payment and reduced taxes for eligible small firms. This provides a quasi-natural experiment that allows us to … registered as a legal entity, pay taxes and make social security contributions. Moreover, newly created firms that opt for …

Persistent link: https://www.econbiz.de/10003908658