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We use large-scale panel data from linked decadal censuses in England and Wales to study the responses of both individuals and their partners to rising Chinese import competition in the 2000s. We test whether partners provide insurance against lost household earnings by increasing labour supply....
Persistent link: https://www.econbiz.de/10014373391
We empirically analyze the heterogeneous welfare effects of unemployment insurance and social assistance. We estimate a structural life-cycle model of singles' and married couples' labor supply and savings decisions. The model includes heterogeneity by age, education, wealth, sex and household...
Persistent link: https://www.econbiz.de/10014373654
We study the impact of Chinese import competition in the 2000s on workers and their households in England and Wales. We document both the direct employment changes of individuals affected by trade exposure, as well as the employment response of individuals whose partner is exposed to trade. We...
Persistent link: https://www.econbiz.de/10014505286
We present a methodology for the structural empirical analysis of household consumption and time use behaviour under marital stability. Our approach is of the revealed preference type and non-parametric, meaning that it does not require a prior functional specification of individual utilities....
Persistent link: https://www.econbiz.de/10012631496
Persistent link: https://www.econbiz.de/10011507300
We report robust evidence of adverse cross-border externalities from terrorism on trade for over 160 countries from 1976 to 2014. Terrorism in one country spills over to reduce trade in neighboring nations. These externalities arise from higher trade costs due to trade delays and macroeconomic...
Persistent link: https://www.econbiz.de/10012015684
The paper investigates the linkages between temperature anomalies, radiative forcing and ENSO. By means of a new flexible trend modeling approach, we uncover a nonlinear linkage between radiative forcing and global temperature anomalies. The nonlinear trend closely tracks the low frequency...
Persistent link: https://www.econbiz.de/10011614201
Persistent link: https://www.econbiz.de/10011538070
actors. In this paper, we formulate a new theory able to describe "hedging needs" as well as the role of speculators in the … the sample February 2000 November 2014, using WTI and CFTC data. Our theory is well supported by econometric evidence. In …
Persistent link: https://www.econbiz.de/10010532119