Showing 1 - 10 of 43
Moonlighting is increasingly popular in OECD countries, with 5 to 10% of workers holding two or more jobs. However, little is known about the responsiveness of moonlighting to financial incentives due to the lack of identifying variation. This paper studies a unique reform in Germany that...
Persistent link: https://www.econbiz.de/10012481274
We use a panel of survey responses linked to administrative data in Germany to measure the depreciation of skills while workers are unemployed. Both the reemployment hazard rate and reemployment earnings steadily fall with unemployment duration, and indicators of depression and loneliness rise...
Persistent link: https://www.econbiz.de/10014250138
wellbeing within a rural population with fairly homogeneous baseline levels of poverty. We discuss the implications of these …
Persistent link: https://www.econbiz.de/10014421176
Using friendship data from Facebook, we study the effects of three aspects of social capital on household financial behavior. We find that the most important measure of social capital in explaining stock market and saving participation is Economic Connectedness, defined as the fraction of one's...
Persistent link: https://www.econbiz.de/10014512040
The post-COVID price surge has reignited interest in inflation's impact on American households. Even if anticipated and with full market adjustments, inflation affects households through its interaction with the fiscal system, which is the focus of this paper. Inflation affects households...
Persistent link: https://www.econbiz.de/10014544760
The failure of the Freedman's Savings Bank (FSB), one of the only Black-serving banks in the early post-bellum South, was an economic catastrophe and one of the great episodes of racial exploitation in post-Emancipation history. It was also most Black Americans' first experience of banking. Can...
Persistent link: https://www.econbiz.de/10014576605
This paper uses the responses to questions about charitable contributions from the Survey of Consumer Finances (SCF) between 1992 and 2022 to consider the rates of US households contributing money or time to charitable organizations. The fraction donating $500 or more remained relatively...
Persistent link: https://www.econbiz.de/10014576621
We examine technology adoption and consumer welfare disparities across demographic groups using data from an online solar photovoltaic (PV) marketplace. Low-income households are 25% less likely to purchase solar through the platform and obtain 53% lower expected consumer surplus than...
Persistent link: https://www.econbiz.de/10015056139
, talent or motivation. The other, the poverty traps view, differences in opportunities which stem from access to wealth. To … who begin in extreme poverty. The setting is rural Bangladesh and the asset is cows. The data supports the poverty traps … (from casual labor in agriculture or domestic services to running small livestock businesses) and grow out of poverty. The …
Persistent link: https://www.econbiz.de/10012660018
This paper explores the roles of different levels of government in assisting the poor. Using a model with utility interdependence, the paper presents some theoretical results on how levels of poor relief vary with the extent of mobility of the poor under both centralized and decentralized...
Persistent link: https://www.econbiz.de/10012477364