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constant. But in a recession, as people increasingly have difficulty meeting their fixed financial obligations, the benchmark …
Persistent link: https://www.econbiz.de/10012604148
This paper considers the association between intra-household resource allocation and couple financial hardships in Australia. It develops and estimates a collective household model of expenditures on individual-specific necessities and hardship reporting where each partner has a distinct utility...
Persistent link: https://www.econbiz.de/10012372920
This paper studies how having your home damaged or destroyed by a natural disaster impacts on economic and financial outcomes. Our context is Australia, where disasters are frequent. Estimates of regression models with individual, area and time fixed-effects, applied to 10 waves of data...
Persistent link: https://www.econbiz.de/10012270890
We explore whether a protective role for savings against future financial hardship exists using household level panel data. We jointly model the incidence and extent of financial problems, as well as the likelihood of having secured debt and the amount of monthly secured debt repayments,...
Persistent link: https://www.econbiz.de/10011709645
This article investigates the relationships between ethnicity, class, and prospects of educational success. For this …
Persistent link: https://www.econbiz.de/10012419144
The 2008 Great Recession was notable in the UK for three things: the enormity of the output shock; the muted … freezes and cuts were often initiated in direct response to the recession. Workplace closure rates were little different to … those experienced prior to the recession, but there is some evidence of a "cleansing" effect with poorer performing …
Persistent link: https://www.econbiz.de/10011281607
-level data for Spain for years 2000-2012, a period characterized by a large immigration wave and a severe recession. Our …, our simulations suggest that the reduction in household income due to the Great Recession mitigated the flight toward …
Persistent link: https://www.econbiz.de/10011308505
Using harmonized micro data, this paper investigates the effects of the early phase (2008-10) of the recent economic crisis on transitions between labour market states in Europe. Our analysis focuses on individual heterogeneity, on the type of employment contract, and on cross-country...
Persistent link: https://www.econbiz.de/10011308511
Ireland is one of the countries most severely affected by the Great Recession. National income fell by more than 10 per … crisis, and deep fiscal adjustment. This paper examines the income distribution consequences of the recession, and identifies … factors are the direct effects of the recession itself. Policy changes do contribute to the larger than average losses at high …
Persistent link: https://www.econbiz.de/10009765520
The economic crisis of 2008/9 was felt more acutely in Ireland relative to elsewhere and culminated in the international bailout in 2010. Given the economic collapse, Ireland provides an ideal case-study of the link between wealth collapses and movements in variables such as health and...
Persistent link: https://www.econbiz.de/10010228783