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the household replacement rate generates slightly higher retirement incentives through an income effect and we find that …. Nevertheless, we advocate that income redistribution measures should not be tied to a specific household composition and policies … benefits calculation effectively serve the income redistribution goal without favouring a certain type of household over …
Persistent link: https://www.econbiz.de/10012801885
Does the COVID-19 pandemic cause people unhappy? In this study, we use a recent survey from China, Japan, South Korea, Italy, the United Kingdom and the United States to explore this question. We find a relatively large effect: a one per-mille point increase in the incidence of the COVID-19...
Persistent link: https://www.econbiz.de/10012422564
, we find that while the outbreak has no impacts on household income losses, it results in a 63-percent reduction in the … has the least household income loss and expected labor income loss, and the most savings. Japanese are least likely to … pandemic on different income groups in a multi-country setting. Analyzing rich individual-level data from a six-country survey …
Persistent link: https://www.econbiz.de/10013414149
pandemic reduced household income, increased the poverty rate, and worsened wage equality. It increased the proportion of below …Despite a sizable population and modest status as a low middle-income country, Vietnam has recorded a low COVID-19 …
Persistent link: https://www.econbiz.de/10013433464
The recent literature on the determinants of populism has highlighted the role of long-term trends of progressive isolation and prolonged economic stagnation in engendering discontent and, in turn, demand for political change. We investigate, instead, the potential of unanticipated local shocks...
Persistent link: https://www.econbiz.de/10012494012
scenarios of continued climate change, while holding population and income at current levels. I find that storm-related deaths …
Persistent link: https://www.econbiz.de/10012162952
in household's per-capita income, and results in additional 1.7 million poor people. The cash transfers would be pro …Using household data from the Vietnam Household Living Standard Survey (VHLSS) and the sector-specific growth and … remittance inflow projections by Asian Development Bank (ADB), this study first estimated the COVID-19 pandemic on income and …
Persistent link: https://www.econbiz.de/10012548129
data to assess the effects of the policy change on non-EU labour migrants' labour-market outcomes, as measured by income …-migration reform had a negative effect on the migrants' annual income. However, this effect became marginal after controlling for … occupational level. We conclude that changes in their occupational composition were the main drivers of the income drop for non …
Persistent link: https://www.econbiz.de/10012293475
the self-employed, who generally face a higher likelihood of income losses due to COVID-19 than employees, women are 35 …% more likely to experience income losses than their male counterparts. Conversely, we do not find a comparable gender gap …
Persistent link: https://www.econbiz.de/10012492229
The Easterlin Paradox states that at a point in time happiness varies directly with income, both among and within … nations, but over time the long-term growth rates of happiness and income are not significantly related. The principal reason … for the contradiction is social comparison. At a point in time those with higher income are happier because they are …
Persistent link: https://www.econbiz.de/10012391355