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Intra-Household Welfare
Chiappori, Pierre-Andre - 2014
In this paper we develop an approach to measuring inequality and poverty that recognizes the fact that individuals within households may have both different preferences and differential access to resources. We argue that a measure based on estimates of the sharing rule is inadequate as an...
Persistent link: https://www.econbiz.de/10013052511
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Religiosity and State Welfare
Dills, Angela K. - 2013
The Catholic sex abuse scandals reduced both membership and religiosity in the Catholic Church. Because government spending on welfare may substitute for the religious provision of social services, we consider whether this plausibly exogenous decline in religiosity affected several measures of...
Persistent link: https://www.econbiz.de/10013079759
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The Welfare Magnet Hypothesis : Evidence from an Immigrant Welfare Scheme in Denmark
Agersnap, Ole; Jensen, Amalie Sofie; Kleven, Henrik - 2022
We study the effects of welfare generosity on international migration using reforms of immigrant welfare benefits in Denmark. The first reform, implemented in 2002, lowered benefits for non-EU immigrants by about 50%, with no changes for natives or EU immigrants. The policy was later repealed...
Persistent link: https://www.econbiz.de/10013314317
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Public Economics and Inequality : Uncovering Our Social Nature
Saez, Emmanuel - 2022
This paper argues that the social nature of humans, absent from the standard economic model, is crucial to understand our large modern social states and why concerns about inequality are so pervasive. A social solution arises when a situation is resolved at the group level (rather than the...
Persistent link: https://www.econbiz.de/10014089529
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Why the Welfare State Looks Like a Free Lunch
Lindert, Peter H. - 2021
The econometric consensus on the effects of social spending confirms a puzzle we confront in the raw data: There is no clear net GDP cost of high tax-based social spending on GDP, despite a tradition of assuming that such costs are large. The paper offers five keys to this free lunch puzzle....
Persistent link: https://www.econbiz.de/10013310538
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The Welfare State and Migration : A Dynamic Analysis of Political Coalitions
Razin, Assaf - 2015
We develop a dynamic political-economic theory of welfare state and immigration policies, featuring three distinct voting groups: skilled workers, unskilled workers, and old retirees. The essence of inter- and intra-generational redistribution of a typical welfare system is captured with a...
Persistent link: https://www.econbiz.de/10013031031
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Did American Welfare Capitalists Breach Their Implicit Contracts? Preliminary Findings from Company-Level Data, 1920-1940
Moriguchi, Chiaki - 2021
It has been claimed that American employers' experiments in private welfare capitalism collapsed during the Great Depression and were subsequently replaced by the welfare state and industrial unionism. However, recent studies reveal considerable differences among firms, adding complex nuances to...
Persistent link: https://www.econbiz.de/10013222970
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Modeling Great Depressions : The Depression in Finland in the 1990s
Conesa, Juan Carlos - 2010
occurred in Finland in the early 1990s. We find that the sharp drop in real GDP over the period 1990-93 was driven by a … increases in government consumption during 1989-94, which drove down hours worked in Finland. We attempt to endogenize the drop …
Persistent link: https://www.econbiz.de/10012759701
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Covid-19 and SME Failures
Gourinchas, Pierre-Olivier; Kalemli-Ozcan, Sebnem; … - 2021
We estimate the impact of COVID-19 on business failures for small and medium sized enterprises (SMEs) using firm-level data in seventeen countries. Absent government support, the failure rate of SMEs would have increased by 9.1 percentage points, representing 4.6 percent of private sector...
Persistent link: https://www.econbiz.de/10013244116
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The Finnish Great Depression : From Russia with Love
Gorodnichenko, Yuriy - 2015
During the period 1991-93, Finland experienced the deepest economic downturn in an industrialized country since the … of Soviet-Finnish trade can explain key features of Finland's Great Depression. We also show that Finland's Great … similar trade collapse. However, as a western democracy with developed capital markets and institutions, Finland faced none of …
Persistent link: https://www.econbiz.de/10012749804