seems to affect fetal growth, because infants born to mothers exposed to earth tremors in early and/or mid gestation are … vulnerable to earthquakes, because their babies seem to drive the reported impacts on fetal growth. We discuss and provide …

The effects of capital requirements on risk-taking and welfare are studied in a stochastic overlapping generations … model of endogenous growth with banking, limited liability, and government guarantees. Capital producers face a choice …-taking), but numerical simulations show that this may entail a welfare loss. In addition, the optimal ratio may be too high in …

incomes, including among poorer households, and to raise welfare. Our results suggest that in-work transfers could be refined …Policy-makers have increasingly turned to ‘in-work transfers’ to boost incomes among poorer workers and strengthen work …-work transfers are normally subject to earnings-related phase-outs, they tend to most strongly incentivise part-time work, weakening …