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The Effects of Paid Family Leave in California on Labor Market Outcomes

Baum, Charles L. - 2013

Using data from the 1997 cohort of the National Longitudinal Survey of Youth (NLSY-97), we examine the effects of California's first in the nation government-mandated paid family leave program (CA-PFL) on mothers' and fathers' use of leave during the period surrounding child birth, and on the...

Persistent link: https://www.econbiz.de/10012458922

The Effects of Reconstruction Finance Corporation Assistance on Michigan's Banks' Survival in the 1930s

Calomiris, Charles W. - 2012

effects of RFC assistance on bank survival. We find that the loan program had no statistically significant effect on the … of increasing the indebtedness of financial institutions and subordinating bank depositors. We find that RFC's purchases … of preferred stock - which did not increase indebtedness or subordinate depositors - increased the chances that a bank …

Persistent link: https://www.econbiz.de/10012460233

Corporate Governance and Risk Management at Unprotected Banks : National Banks in the 1890s

Calomiris, Charles W. - 2014

Managers' incentives may conflict with those of shareholders or creditors, particularly at leveraged, opaque banks. Bankers may abuse their control rights to give themselves excessive salaries, favored access to credit, or to take excessive risks that benefit themselves at the expense of...

Persistent link: https://www.econbiz.de/10012458857

The Impact of Paid Family Leave on Employers : Evidence from New York

Bartel, Ann; Rossin-Slater, Maya; Ruhm, Christopher J.; … - National Bureau of Economic Research - 2021

We designed and fielded a survey of New York and Pennsylvania firms to study the impacts of New York's 2018 Paid Family Leave policy on employer outcomes. We match each NY firm to a comparable PA firm and use difference-in-difference models to analyze within-match-pair changes in outcomes. We...

Persistent link: https://www.econbiz.de/10012510550

The Foreclosure-House Price Nexus : Lessons from the 2007-2008 Housing Turmoil

Calomiris, Charles W. - 2008

Despite housing's importance to the economy and worries about recent financial and economic turmoil traceable to housing market difficulties, little has been written on how distress in the housing market, measured by foreclosures, affects home prices, or how these variables interact with other...

Persistent link: https://www.econbiz.de/10012464353

Mortgage Market Credit Conditions and U.S. Presidential Elections

Antoniades, Alexis - 2018

Voters punish incumbent Presidential candidates for contractions in the local (county-level) supply of mortgage credit during market-wide contractions of credit, but they do not reward them for expansions in mortgage credit supply in boom times. Our primary focus is the Presidential election of...

Persistent link: https://www.econbiz.de/10012453255

The Changing Benefits of Early Work Experience

Baum, Charles L. - 2014

We examine whether the benefits of high school work experience have changed over the last 20 years by comparing effects for the 1979 and 1997 cohorts of the National Longitudinal Survey of Youth. Our main specifications suggest that the future wage benefits of working 20 hours per week in the...

Persistent link: https://www.econbiz.de/10012458253

Excess Deaths in the United States During the First Year of COVID-19

Ruhm, Christopher J. - National Bureau of Economic Research - 2021

Accurately determining the number of excess deaths caused by the COVID-19 pandemic is hard. The most important challenge is accurately estimating the counterfactual count of baseline deaths that would have occurred in its absence. This analysis used new methods to: estimate this baseline metric;...

Persistent link: https://www.econbiz.de/10012696412

Price Flexibility, Credit Rationing, and Economic Fluctuations : Evidence from the U.S., 1879-1914

Calomiris, Charles W. - 1985

The reawakening of interest in links between price flexibility and fluctuations in economic activity calls for a reconsideration of models of price and quantity adjustment. We examine relationships between credit disturbances and real activity under flexible prices, using monthly data on real...

Persistent link: https://www.econbiz.de/10012477312

Underwriter Certification, Issuer-Underwriter Matching, and SEO Performance

Calomiris, Charles W. - 2019

The introduction of deal types for issues of seasoned equity in which the offer follows quickly after its announcement highlights the role of underwriter certification in the performance of SEOs. Controlling for the matching between underwriters and issuers, underwriter quality is positively...

Persistent link: https://www.econbiz.de/10012480288