Showing 1 - 10 of 35
This paper studies the effects of quantitative easing on income and wealth of individual euro area households. The … which key variables affecting household income and wealth are included, such as the unemployment rate, wages, interest rates …-form simulation on micro data from the Household Finance and Consumption Survey, capturing the income composition, the portfolio …
Persistent link: https://www.econbiz.de/10011921470
impact of the current pandemic on income and poverty to inform the targeting of resources to those most affected and assess … the success of current efforts. We construct new measures of the income distribution and poverty with a lag of only a few … weeks using high frequency data from the Basic Monthly Current Population Survey (CPS), which collects income information …
Persistent link: https://www.econbiz.de/10012481277
Most countries reduce Disability Insurance (DI) benefits for beneficiaries earning above a specified threshold. Such an earnings threshold generates a discontinuous increase in tax liability--a notch--and creates an incentive to keep earnings below the threshold. Exploiting such a notch in...
Persistent link: https://www.econbiz.de/10012452891
earnings and family income. We find few differences in estimated gains by baseline health and occupation characteristics …
Persistent link: https://www.econbiz.de/10012453482
receipt and earnings beginning four years after entry. Estimated increases in income tax payments fully recoup government … suggests that increasing grant aid for low-income college students would enhance welfare in many U.S. settings …
Persistent link: https://www.econbiz.de/10012453851
We study the role of idiosyncratic income shocks for aggregate fluctuations within a simple heterogeneous household … framework with no binding borrowing constraints. We show that the presence of idiosyncratic income shocks affects the economy …-- and show that under plausible calibrations the impact of idiosyncratic income shocks on aggregate fluctuations is …
Persistent link: https://www.econbiz.de/10012814479
We use a UK employer-employee administrative earnings dataset to investigate the response of earnings and hours to business cycles. Exploiting our long panel of data from 1975 to 2020 we find wide heterogeneity in the exposure of different types of workers to aggregate shocks. Employees who are...
Persistent link: https://www.econbiz.de/10012533420
short run and on academic test scores, employment, and income in the long run, while suggesting that most parents will not …
Persistent link: https://www.econbiz.de/10012457518
We estimate the minimum wage's effects on low-skilled workers' employment and income trajectories. Our approach …, negative effects on the employment and income growth of targeted workers. Lost income reflects contributions from employment …
Persistent link: https://www.econbiz.de/10012457942
and agriculture), and an increase in profit. But this increase in profit was offset by a reduction in income from casual … labor, so overall there was no gain in measured income or consumption. We find suggestive evidence that these results are …
Persistent link: https://www.econbiz.de/10012458520