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We analyze three related but distinct concepts concerning the renminbi's role in the global monetary system: (i) "internationalization" of the currency; (ii) currency convertibility; and (iii) reserve currency status. Their sequencing in relation to other policy goals such as financial sector...
Persistent link: https://www.econbiz.de/10013110844
State and federal reforms of the 1990s transformed the U.S. cash assistance program forsingle parents and their children. Despite an extensive literature examining these changesand their impacts, there have been few studies that consider the effects of these reformsfrom the perspective of the...
Persistent link: https://www.econbiz.de/10005861522
In this paper, we exploit a cohort discontinuity in the stringency of the 1993 Dutch disability reforms to obtain causal estimates of the effects of decreased generosity of disability insurance (DI) on behavior of existing DI recipients. We find evidence of substantial “social support...
Persistent link: https://www.econbiz.de/10013115369
, namely the Spanish case. We show how a dual market, with permanent and temporary employees makes real reform much harder, and …
Persistent link: https://www.econbiz.de/10013117400
This paper formulates a simple model of female labor force decisions which embeds an in-work benefit reform and … the announcement of a reform that increases in-work benefits, including sources of intertemporal substitution, human … announcement and implementation of a major UK in-work benefit reform, we estimate its effects on single mothers' behavior. We find …
Persistent link: https://www.econbiz.de/10013119013
, especially in societies with highly skewed distribution of ownership. We however argue that the success of CG reform would, in …
Persistent link: https://www.econbiz.de/10013106948
main objective of the reform was to reduce the amount of benefits for individuals that do not have a long contributory … history as the reform introduced a disincentive to apply to the system if the individual does not have 35 years of effective …
Persistent link: https://www.econbiz.de/10013107473
literature by estimating both switch-on and switch-off effects, because the reform was repealed two years later. We find a two … terms) at higher quantiles, meaning that the reform predominantly reduced long durations of absence. In terms of health, the … reform reduced the average number of days spent in hospital by almost half a day, but we cannot find robust evidence for …
Persistent link: https://www.econbiz.de/10013153305
Unlike most countries, China regulates internal migration. Public benefits, access to good quality housing, schools, health care, and attractive employment opportunities are available only to those who have local registration (Hukou). Coincident with the deepening of economic reforms, Hukou has...
Persistent link: https://www.econbiz.de/10013155312
leave policies. We analyze the impact of a major parental leave reform on mothers' long-term earnings. The 2007 German … parental leave reform replaced a means-tested benefit with a more generous earnings-related benefit that is granted for a … mothers who gave birth just before and right after the reform and nets out seasonal effects by including the year before …
Persistent link: https://www.econbiz.de/10012842052