Showing 1 - 10 of 408
the case of metal crime, where in the face of big increases in value driven by world commodity prices, the incidence of … metal thefts in the UK (and elsewhere) rose very sharply in the 2000s. Early in the current decade, they fell sharply again … shows sizeable and significant metal crime-price elasticities, in line with the idea that changing economic returns do shape …
Persistent link: https://www.econbiz.de/10012920426
increasing demand for metals like copper and lithium due to the growth in renewable energies and electromobility, metal abundant … heavily on China. In addition, bitcoin shocks seem to have also contributed to Chile's transition to a metals-based economy …, likely as a result of bitcoin's extensive use of energy and the uncertainty and volatility that characterize post-covid times …
Persistent link: https://www.econbiz.de/10014256594
Existing tax schedules are often overly complex and characterized by discontinuities in the marginal tax burden. In this paper we propose a class of progressive smooth functions to replace personal income tax schedules. These functions depend only on three meaningful parameters, and avoid the...
Persistent link: https://www.econbiz.de/10012919519
This paper investigates the effects of housing price risk on housing choices over the life-cycle. Housing price risk can be substantial but, unlike other risky assets which people can avoid, the fact that most people will eventually own their home creates an insurance demand for housing assets...
Persistent link: https://www.econbiz.de/10013138268
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
and flows via non-participation. Close to two-thirds of the volatility of unemployment in the UK over this period can be …
Persistent link: https://www.econbiz.de/10013123583
combining data from multiple surveys, we create an integrated measure of volatility in available household resources, accounting …
Persistent link: https://www.econbiz.de/10013098821
The paper studies wage and employment determination in the Swedish business sector from the mid-1910s to the late 1930s. This period includes the boom and bust cycle of the early 1920s as well as the Great Depression of the early 1930s. The events of the early 1920s are particularly intriguing,...
Persistent link: https://www.econbiz.de/10013106962
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
paper offers a solution to this disagreement, suggesting that volatility carries a positive direct effect, but also a … volatility is then ambiguous. The paper reveals the underlying endogeneity of government size in a balanced panel of 95 countries … increase of volatility lowers growth by up to 0.57 percentage points in a democracy, but raises growth by 1.74 percentage …
Persistent link: https://www.econbiz.de/10013071293