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Would countercyclical fiscal policy during recessions improve or worsen the gender employment gap? We give an answer to … this question by exploring the state-dependent impact of fiscal spending shocks on employment by gender in the G-7 … countries. Using the local projection method, we find that, during recessions, a positive spending shock of 1 percent of GDP …
Persistent link: https://www.econbiz.de/10012001474
This paper provides an overview of the relation between tax policy and gender equality, covering labor, capital and … wealth, as well as consumption taxes. It considers implicit and explicit gender biases and corrective taxation. On labor … household taxation. We also analyze the impact of progressivity on pay gaps and labor supply. On capital and wealth taxation, we …
Persistent link: https://www.econbiz.de/10013170280
This paper assesses the responsiveness of wages and labor force movements to employment shocks across British and U.S. regions and across Europe using a multivariate vector autoregression technique. The paper finds inflexible real wages in all three areas in that each area’s real wage responds...
Persistent link: https://www.econbiz.de/10014398207
This paper examines gender inequality in the context of structural transformation and rebalancing in China. We document … expansion of the service sector. Using household data, we provide evidence consistent with a U-shaped relationship between … sector productivity can boost both gender equality and economic growth in China …
Persistent link: https://www.econbiz.de/10012613393
/subsidy and a labor tax/subsidy. Labor shocks, such as the COVID-19 shock, amplify the policy responses, which critically depend …
Persistent link: https://www.econbiz.de/10012302066
firm, industry, and country factors that mitigate any negative impact of an import shock. In contrast to the results of … firm-level dataset to examine the impact of import competition on employment, wages, and firm performance, as well as the … some well-known single-country studies, we find limited adverse impact of import competition. In some countries and …
Persistent link: https://www.econbiz.de/10012605685
productivity, while import liberalization has ambiguous effects. Resource misallocation can either amplify, dampen or reverse the …-2011, we empirically establish that exogenous shocks to export demand and import competition both generate large aggregate … firms in the presence of distortions: (i) Both export and import expansion increase average firm productivity, but the …
Persistent link: https://www.econbiz.de/10012301837
This paper provides new empirical evidence on the relationship between reservation wages of unemployed workers and macroeconomic factors--including the unemployment rate and generosity of the unemployment compensation system--as well as individual-specific determinants, such as human capital...
Persistent link: https://www.econbiz.de/10014403637
Persistent link: https://www.econbiz.de/10012487299
High household wealth is often cited as a key strength of the Italian economy. Both in absolute terms and relative to … income, the Italian household sector is wealthier than most euro area peers. A sizable fraction of this wealth is held by the … rich and upper middle classes. This paper documents the changes in the Italian household sector's financial wealth over the …
Persistent link: https://www.econbiz.de/10011905929