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This paper provides new evidence in support of the idea that bouts of optimism and pessimism drive much of US business cycles. In particular, we begin by using sign-restriction based identification schemes to isolate innovations in optimism or pessimism and we document the extent to which such...
Persistent link: https://www.econbiz.de/10012461007
While it is widely acknowledged that the family and childhood environments affect adult well being, why they matter is still an area of significant debate. Previous research concerned with this issue has focused on the influence of family income, family structure, and cognitive ability. Much of...
Persistent link: https://www.econbiz.de/10012463724
, we estimate the effects of maternal employment on these outcomes measured when children are 6 months old. Next, we use … children's lives. Among mothers of six month old infants, maternal work hours are positively associated with depressive …
Persistent link: https://www.econbiz.de/10012461445
As the share of U.S. adult children living with their parents increases, it is important to understand how children who … Retirement Study (HRS) to examine the effects of boomerang children on their parents' labor market expectations and choices, as … well as on their wealth, health, and life satisfaction. Event study analysis suggests that boomerang children return home …
Persistent link: https://www.econbiz.de/10013537757
enforcement, and finds robust evidence that heightened enforcement reduces Medicaid participation among children of non …-citizens. This is the case even when children are themselves citizens and face no eligibility barriers to Medicaid enrollment …, and those with healthy children are most sensitive to enforcement efforts. Up to seventy-five percent of the relative …
Persistent link: https://www.econbiz.de/10012462379
UK population growth over the past thirty-five years has been remarkably low in comparison with other countries; the population grew by just 7% between 1971 and 2004, less than all the other EU15 countries. The UK population has grown at a faster pace since the turn of the millennium. Both the...
Persistent link: https://www.econbiz.de/10012465140
Community targeting of vote payments -- defined as the saturation of entire neighborhoods with cash prior to elections -- is widespread in the developing world. In this paper, we utilize laboratory experiments conducted in the U.S. and Kenya to demonstrate that, relative to individual targeting,...
Persistent link: https://www.econbiz.de/10012453519
We use a repeated survey of an Italian bank's clients to test whether investors' risk aversion increases following the 2008 financial crisis. We find that both a qualitative and a quantitative measure of risk aversion increases substantially after the crisis. After considering standard...
Persistent link: https://www.econbiz.de/10012459377
We examine how changes in the salience of workplace risk affect police behavior and public safety. Specifically, we investigate cases of police officer deaths while on duty. Officers respond to a peer death by decreasing arrest activity for one to two months, consistent with heightened fear....
Persistent link: https://www.econbiz.de/10014322779
In settings where an individual's labor choices are constrained, the inability to work may generate psychosocial harm. This paper presents a causal estimate of the psychosocial value of employment in the Rohingya refugee camps of Bangladesh. We engage 745 individuals in a field experiment with...
Persistent link: https://www.econbiz.de/10012585408