Showing 1 - 10 of 1,111
Countries restrict the overall extent of international travel and migration to balance the expected costs and benefits of mobility. Given the ever-present threat of new, future pandemics, how should permanent restrictions on mobility respond? A simple theoretical framework predicts that reduced...
Persistent link: https://www.econbiz.de/10012497848
We examine theoretically demand in a two-good economy where the demand of one good is influenced by either a spillover … similar choices as others. A positive spillover effect increases the demand for the good with interactions, and a conformity … implication is that spillover in consumption increases the associated derived demand for labor and conformity in consumption makes …
Persistent link: https://www.econbiz.de/10010268546
dramatically when there are social interactions present. Spillover effects increase labor supply and conformity effects make labor … supply perfectly inelastic at a reference group average. The demand for a good may also be influenced by either a spillover … effect or a conformity effect. Positive spillover increases the demand for the good with interactions, and a conformity …
Persistent link: https://www.econbiz.de/10010280680
The impact of foreign direct investment (FDI) on domestically owned firms in developing countries has been widely debated in the literature. It has been argued that FDI provides access to advanced technologies and other intangible assets which may spill over to the host country and allow...
Persistent link: https://www.econbiz.de/10010282180
Many countries consider the lifting of restrictions of social contacts (RSC). We quantify the effects of RSC for Germany. We initially employ a purely statistical approach to predicting prevalence of COVID19 if RSC were upheld after April 20. We employ these findings and feed them into our...
Persistent link: https://www.econbiz.de/10012207832
This paper presents a new data set collected on representative samples across 6 countries: China, South Korea, Japan, Italy, the UK and the four largest states in the US. The information collected relates to work and living situations, income, behavior (such as social-distancing, hand-washing...
Persistent link: https://www.econbiz.de/10012269908
How should unemployment benefits vary in response to the economic crisis induced by the COVID-19 pandemic? We answer this question by computing the optimal unemployment insurance response to the COVID-induced recession.We compare the optimal policy to the provisions under the CARES Act—which...
Persistent link: https://www.econbiz.de/10012270067
This paper reviews the experience so far of the Spanish labour market during the Covid-19 crisis in the light of current institutions, past performance during recessions, and the policy measures adopted during the pandemic. Emphasis is placed on the role of worldwide trends in labour markets...
Persistent link: https://www.econbiz.de/10012497770
This paper offers quasi experimental evidence of the existence of spillover effects of UI extensions using a unique … across treated and untreated regions. We uncover the presence of important spillover effects: in treated regions, as the …
Persistent link: https://www.econbiz.de/10010329133
We investigate spillovers in spousal labour supply exploiting independent variation in hours worked generated by the introduction of the shorter workweek in France in the late 1990s. We find that female and male employees treated by the shorter legal workweek reduce their weekly labour supply by...
Persistent link: https://www.econbiz.de/10010278450