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Australia had adopted a novel approach to e-cigarette policy by requiring a physician's prescription to lawfully obtain … research on e-cigarette regulation and provides a case-study for the policy implementation in Australia. Our paper is also part …
Persistent link: https://www.econbiz.de/10014635617
, and lead agents to become risk-loving. Using experimental cash grants involving a choice between a safer, low payoff and a …
Persistent link: https://www.econbiz.de/10012938742
In response to the Covid-19 crisis, 186 countries implemented direct cash transfers to households, and 181 introduced … in-kind programs that lowered the cost of utilities such as electricity, water, transport, and mobile money. Do cash or … line with economic theory favoring direct cash transfers, in a randomized experiment in Kenya 95% of urban recipients …
Persistent link: https://www.econbiz.de/10012599376
It is difficult for private agents to produce money that circulates at par with no questions asked. We study two cases of privately-produced money: pre-Civil War U.S. private banknotes and modern stablecoins. Private monies are introduced when there are no better alternatives, but they initially...
Persistent link: https://www.econbiz.de/10012814485
% of cash in circulation illegal tender overnight, with new notes gradually introduced over the next several months. We … present a model of demonetization where agents hold cash both to satisfy a cash-in-advance constraint and for tax evasion …
Persistent link: https://www.econbiz.de/10012481018
The 2020 CARES Act directed large cash payments to households. We analyze house-holds' spending responses using high …
Persistent link: https://www.econbiz.de/10012481681
receive wages in cash, with a subset also receiving an account without automatic wage payments. We find that exposure to …
Persistent link: https://www.econbiz.de/10012482467
We assess long-term impacts of the Mexican conditional cash transfer (CCT) program on youth employment and earnings. We …
Persistent link: https://www.econbiz.de/10012453466
What is the effect of cash injections during financial crises? Exploiting county-level variation arising from random … weather shocks during the 1980s Farm Debt Crisis, we analyze and measure the effect of local cash flow shocks on the real and … financial sector. We show that such cash flow shocks have significant impact on a host of economic outcomes, including land …
Persistent link: https://www.econbiz.de/10012455136
Maryland's non-legal-tender paper money emissions between 1765 and 1775 are reconstructed to determine the quantities outstanding and their redemption dates, providing a substantial correction to the literature. Over 80 percent of this paper money's current market value was expected real asset...
Persistent link: https://www.econbiz.de/10012458141