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Uncertainty Shocks and Unemployment Dynamics
2020
Recent events suggest that uncertainty changes play a major role in U.S. labor market fluctuations. This study analyzes the impact of uncertainty shocks on unemployment dynamics. Using a vector autoregression approach, we show that uncertainty shocks measured by stock market volatility have a...
Persistent link: https://www.econbiz.de/10012829214
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Risk sharing and real exchange rates : the role of non-tradable sector and trend shocks
Akkoyun, Hüseyin Çağrı; Arslan, Yavuz; Kılınç, … - 2017
Persistent link: https://www.econbiz.de/10011613499
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Risk endogeneity at the lender/investor-of-last-resort
Caballero, Diego; Lucas, André; Schwaab, Bernd; Zhang, Xin - 2019
Persistent link: https://www.econbiz.de/10011981369
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Modeling Life-Cycle Earnings Risk with Positive and Negative Shocks
Sanchez Garcia, Manuel - 2017
We study workers' idiosyncratic earnings risk over the life-cycle using a German administrative data set. Positive and … incomplete markets model. Moreover, age-varying risk implies a linear increase in consumption inequality late in working life …
Persistent link: https://www.econbiz.de/10012948657
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Optimal inflation with corporate taxation and financial constraints
Finocchiaro, Daria; Lombardo, Giovanni; Mendicino, Caterina - 2015
Persistent link: https://www.econbiz.de/10011436009
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Labor Earnings Respond Differently to Income-Tax and to Payroll-Tax Reforms
Lehmann, Etienne - 2011
We estimate the responses of gross labor earnings with respect to marginal and average net-of-tax rates in France over the period 2003-2006. We exploit a series of reforms to the income-tax and the payroll-tax schedules that affect individuals who earn less than twice the minimum wage. Our...
Persistent link: https://www.econbiz.de/10013118267
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SWEtaxben : A Swedish Tax/Benefit Micro Simulation Model and an Evaluation of a Swedish Tax Reform
Ericson, Peter - 2009
The purpose of SWEtaxben is to evaluate the impact of changes in the tax/benefit systems on households as well as the central governmental budget. Relating to the micro simulation literature this model can be labeled a static micro simulation model with behavioral changes. This behavioral change...
Persistent link: https://www.econbiz.de/10012763940
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Income Tax Policy in Europe between Two Crises : From the Great Recession to the COVID-19 Pandemic
Myck, Michal; Trzciński, Kajetan - 2022
We examine the revenue and redistributive effects of tax policy reforms in twelve European countries over the decade between the financial crisis and the outbreak of the COVID-19 pandemic, setting them against the implications of a hypothetical system reflecting the extent of fiscal drag...
Persistent link: https://www.econbiz.de/10014030811
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Loose Knots : Strong Versus Weak Commitments to Save for Education in Uganda
Karlan, Dean S. - 2014
, weaker restrictions may be a more effective means of changing behavior. We test this using a school-based commitment savings … which savings are available for cash withdrawal but intended for educational expenses. The weaker commitment generates … increased savings in the program accounts and when combined with a parent outreach program, higher expenditures on educational …
Persistent link: https://www.econbiz.de/10013060131
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How Effective are Matching Schemes in Enticing Low-Income Earners to Save More for Retirement? Evidence from a National Scheme
Chan, Marc K.; Polidano, Cain; Vu, Ha; Wilkins, Roger; … - 2021
Concerns over the adequacy of low and middle-income earner contributions to retirement plans have led governments to introduce targeted matching schemes. In this study, we examine the effects of a simple and generous Australian scheme using administrative tax-filer data, exploiting longitudinal...
Persistent link: https://www.econbiz.de/10013314818