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We show that the size of collateralized household debt determines an economy's vulnerability to crises of confidence …
Persistent link: https://www.econbiz.de/10011401681
We use a set of empirical and analytical tools to conduct parallel analyses of involuntary part-time work and unemployment in the U.S. labor market. In the empirical analysis, we document that the similar cyclical behavior of involuntary part-time work and unemployment masks major differences in...
Persistent link: https://www.econbiz.de/10011479293
effect by examining their labor market activities, family formation, and household finances. Using data from 20 waves of the …
Persistent link: https://www.econbiz.de/10012207690
In the Covid-19 crisis, most OECD countries use short-time work schemes (subsidized working time reductions) to preserve employment relationships. This paper studies whether short-time work can save jobs through stabilizing aggregate demand in recessions. We build a New Keynesian model with...
Persistent link: https://www.econbiz.de/10012597475
We study the impact of global climate change on the prevalence of tropical diseases using a heterogeneous agent dynamic general equilibrium model. In our framework, households can take actions (e.g., purchasing bednets or other goods) that provide partial protection from disease. However, these...
Persistent link: https://www.econbiz.de/10010269933
-2008. Using data from the Flow of Funds Accounts (FFA) and Urban Household Surveys (UHS) supplemented by the findings from … household sectors. Although the causes of China's high saving are complex, we suggest that the evolving economic, demographic …
Persistent link: https://www.econbiz.de/10010274634
Using combined data from population censuses and Urban Household Surveys, we study the effects of demographic … structural changes on the rise in household saving in China. Variations in fines across provinces on unauthorized births under … investigated in the context of household saving decisions in China. …
Persistent link: https://www.econbiz.de/10010291447
Italy Survey of Household Income and Wealth. …
Persistent link: https://www.econbiz.de/10010268972
using a suitable direct measure provided in the 1989-2010 Bank of Italy Survey of Household Income and Wealth. Focusing on a …We empirically study the determinants of intra-household decision power with respect to economic and financial choices … sample of couples, we evaluate the effect of each spouse's characteristics, household characteristics, and background …
Persistent link: https://www.econbiz.de/10010283986
We estimate a model that allows for dynamic and interdependent responses of morbidity in different local areas to economic conditions at the local and national level, with statistical selection of optimal local area. We apply this approach to quarterly British data on chronic health conditions...
Persistent link: https://www.econbiz.de/10012207772