Showing 1 - 10 of 541
We study the effect of negative labour market shocks borne by parents during the Covid-19 crisis on resource and time investments in children and the channels through which negative labour market shocks experienced by parents might affect children. Using data collected in the UK before and...
Persistent link: https://www.econbiz.de/10013252365
volatility of both inflation and unemployment differentials. Finally, we show that it is important to take into account the …
Persistent link: https://www.econbiz.de/10013107467
This paper connects two salient economic features: (i) Fiscal shocks have asymmetric effects across business cycle phases (Gechert et al., 2019); (ii) Okun's coefficient is time varying and may be unstable. The intertwined dynamic behavior of fiscal shocks and unemployment-output trade-offs are...
Persistent link: https://www.econbiz.de/10012864881
Traders in global markets operate at different local times-of-day. Suboptimal times-of-day may produce sleepiness due to daily variations in sleep/wake patterns and possibly also increased accumulation of hours awake. Global asset markets imply significantly increased heterogeneity in circadian...
Persistent link: https://www.econbiz.de/10012947730
Financial frictions are known to raise the volatility of economies to shocks (e.g. Bernanke andGertler 1989). We follow … this line of research to the labor literature concerned by the volatility of labor market outcomes to productivity shocks … are a good candidate to solve the volatility puzzle and rejoin Pissarides (2009) in arguing that hiring costs must be …
Persistent link: https://www.econbiz.de/10013139045
exogenous shock. Specifically, we focus on the Global Financial Crisis (GFC) and the onset of the COVID-19 pandemic. We …, we find that TAs had a smaller increase in social security uptake after the shock when they had previously: (3) a high …
Persistent link: https://www.econbiz.de/10014078008
This paper studies how wealth and health inequalities have interacted with the Covid-19 epidemic in a way that has … reinforced inequalities in income, savings, epidemic risk and even individual preventive behaviors. We present in more detail two … loosing their income because of contamination. Data on six countries confirm a disproportionate impact of the epidemic on the …
Persistent link: https://www.econbiz.de/10014081420
We investigate the effect of the COVID-19 pandemic on self-employed people's mental health. Using representative longitudinal survey data from Germany, we reveal differential effects by gender: whereas self-employed women experienced a substantial deterioration in their mental health,...
Persistent link: https://www.econbiz.de/10014082321
Travel restrictions are often imposed to limit the spread of infectious diseases. As uniform restrictions can be inefficient and incur unnecessarily high costs, this paper examines the optimal design of restrictions that target specific travel routes. We propose a model with trade-offs between...
Persistent link: https://www.econbiz.de/10014083692
We use high-frequency data from location-based mobile phone records to measure domestic air travel patterns of the Chinese population during the Covid-19 pandemic. The travel and tourism industry is a key driver of China's domestic economy and data from this industry helps serve as an objective...
Persistent link: https://www.econbiz.de/10014083708