Showing 1 - 10 of 1,856
after controlling for negative spillovers from migration. This cross-sectional estimate combined with the aggregate shift to …
Persistent link: https://www.econbiz.de/10013210069
This paper builds on Baqaee and Farhi (2022) and di Giovanni et al. (2022) to quantify the contribution of fiscal policy on U.S. inflation over the Dec-2019 to June-2022 period. Model calibrations show that aggregate demand shocks explain roughly two-thirds of total model-based inflation, and...
Persistent link: https://www.econbiz.de/10013537784
size of this political distortion. In this paper we study the determination of government debt and deficits in a dynamic …, a rent-seeking government over-saves and over-taxes along the equilibrium path relative to a benevolent government …
Persistent link: https://www.econbiz.de/10012464230
Attempting to shed light on the optimal size of government, economists have analyzed planning problems that specify a … choice of a planner who knows the welfare achieved by each policy. This paper examines choice of size of government by a … a wide range of spending levels--thus, a society can rationalize having a small or large government. I conclude that to …
Persistent link: https://www.econbiz.de/10012460456
We estimate the causal effect of emergency credit on households' finances after a negative shock. To do so, we link …
Persistent link: https://www.econbiz.de/10015056171
attacks involving at least one fatality on attitudes towards immigrants and government institutions. Comparing within … region that was attacked tend to express more trust in parliament and more satisfaction with the national government in the …
Persistent link: https://www.econbiz.de/10012510541
decreasing electoral misconduct improves multiple survey measures of attitudes toward government, including: (1) whether …
Persistent link: https://www.econbiz.de/10012458715
This paper investigates whether the religious identity of state legislators in India influences development outcomes, both for citizens of their religious group and for the population as a whole. To allow for politician identity to be correlated with constituency level voter preferences or...
Persistent link: https://www.econbiz.de/10012459437
We build a minimalist model of the macroeconomics of a pandemic, with two essential components. The first is productivity-related: if the virus forces firms to shed labor beyond a certain threshold, productivity suffers. The second component is a credit market imperfection: because lenders...
Persistent link: https://www.econbiz.de/10012481811
effects described as a key barrier. We use an event-study approach to analyze state budget data from 2010-2018 and assess the …
Persistent link: https://www.econbiz.de/10012482043