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stock returns. Monetary policy has a larger impact on consumption in Italy and Spain compared to France and Germany …
Persistent link: https://www.econbiz.de/10012910644
implement a case-study on the response of banks in France, Germany, Italy and Spain to a monetary tightening. The episode we …
Persistent link: https://www.econbiz.de/10013235277
This paper examines the distribution of the values of patent rights in the United Kingdom, France, and Germany during …
Persistent link: https://www.econbiz.de/10013252340
A political miracle occurred when Germany was reunited, and at first glance an economic miracle has followed. Real … west Germany. Excessively high wages coupled with investment incentives that made the cost of capital negative rank high …
Persistent link: https://www.econbiz.de/10013132721
Riester pensions are voluntary, but heavily subsidized private pension schemes in Germany. They were designed as a …
Persistent link: https://www.econbiz.de/10013107222
The passage of the 1996 welfare reform bill led to sweeping changes to the central U.S. cash safety net program for families with children. Importantly, along with other changes, the reform imposed lifetime time limits for receipt of welfare de facto ending the entitlement nature of cash welfare...
Persistent link: https://www.econbiz.de/10013136551
In cross-sectional studies, countries with greater income inequality typically exhibit less support for government-led redistribution and greater acceptance of wage inequality (e.g., United States versus Western Europe). If individual nations evolve along this pattern, a vicious cycle could form...
Persistent link: https://www.econbiz.de/10013113154
Two ailments limit the effectiveness and threaten the long-term viability of the U.S. Social Security Disability Insurance program (SSDI). First, the program is ineffective in assisting the vast majority of workers with less severe disabilities to reach their employment potential or earn their...
Persistent link: https://www.econbiz.de/10013113155
There is limited empirical evidence on whether unrestricted cash social assistance to poor pregnant women improves children's birth outcomes. Using program administrative micro-data matched to longitudinal vital statistics on the universe of births in Uruguay, we estimate that participation in a...
Persistent link: https://www.econbiz.de/10013117209
Beginning with the 1996 federal welfare reform law many of the central safety net programs in the U.S. eliminated eligibility for legal immigrants, who had been previously eligible on the same terms as citizens. These dramatic cutbacks affected eligibility not only for cash welfare assistance...
Persistent link: https://www.econbiz.de/10013117395