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2002-2009. Using a representative household panel, we find that the consumption response to minimum wage income shock is … increasing in the minimum wage share of household income and that poorer households fully consume their additional income. The … long-lasting benefits to household welfare. …
Persistent link: https://www.econbiz.de/10012132498
Using a dedicated set of questions in the 2014 Luxembourg Household Finance and Consumption Survey (LU-HFCS), we show … own labour contributions vary by household characteristics (age, gender, profession) and by type of dwelling (house …
Persistent link: https://www.econbiz.de/10012299081
In this paper we examine the impact of public spending, education, and institutions on income distribution in advanced economies. We also assess the efficiency of public spending in redistributing income by using a DEA (Data Envelopment Analysis) nonparametric approach. We find that public...
Persistent link: https://www.econbiz.de/10003636313
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We study the relation between the structure of nancial systems and carbon emissions in a large panel of countries and industries over the period 1990-2013. We find that for given levels of economic and financial development and environmental regulation, CO2 emissions per capita are lower in...
Persistent link: https://www.econbiz.de/10012104466
The control of carbon emissions by policymakers poses the corporate challenge of developing an optimal carbon management policy. We provide a unified model that characterizes how firms should optimally manage emissions through production, green investment, and the trading of carbon credits. We...
Persistent link: https://www.econbiz.de/10014484214
This paper studies the impact of national carbon taxes on CO2 emissions. To do so, we run local projections on a cross-country panel dataset, matching measures of emissions of carbon dioxide with information on the introduction of carbon taxes and their implied price. Importantly, we consider...
Persistent link: https://www.econbiz.de/10014481125
The purpose of this paper is to estimate the impact of capitalising durable goods on the Euro area household saving … National Accounts 1993. Secondly, the issue is related to the definition of household saving ratios. For instance, the U ….S. Federal Reserve Board publishes three household saving measures. The main difference between these saving ratios is that one …
Persistent link: https://www.econbiz.de/10003473011