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employment is concentrated in heavily affected sectors such as restaurants, and due to increased childcare needs caused by school … macroeconomic model featuring heterogeneity in gender, marital status, childcare needs, and human capital. Our quantitative analysis … weakening of the gender norms that currently produce a lopsided distribution of the division of labor in home work and childcare. …
Persistent link: https://www.econbiz.de/10012258294
Persistent link: https://www.econbiz.de/10012259807
This research note starts by showing that, for much of the postwar period, U.S. unemployment to has been a highly reliable leading indicator for the capitalist share of domestic income three years later, and then assesses whether this relationship still holds.
Persistent link: https://www.econbiz.de/10011977530
We evaluate the COVID-19 resilience of a Continental welfare regime by nowcasting the implications of the shock and its associated policy responses on the distribution of household incomes. Our approach relies on a dynamic microsimulation approach that combines a household income generation...
Persistent link: https://www.econbiz.de/10013228414
Various countries have implemented transfer programs to individuals since the Covid-19 outbreaks. However, the extent to which such transfers alleviate economic recessions is unclear. This paper analyzes a South Korean program, which provided vouchers redeemable only at small local businesses....
Persistent link: https://www.econbiz.de/10012826242
Various countries have implemented transfer programs to individuals since the Covid-19 outbreaks. However, the extent to which such transfers alleviate economic recessions is unclear. This paper analyzes a South Korean program, which provided vouchers redeemable only at small local businesses....
Persistent link: https://www.econbiz.de/10012259485
During the transition toward a market economy, Russian workers have had to face important structural changes in the labour market as well as dramatic changes in their real earnings. In the process, the wage gap between men and women has varied wildly over that period. In recent years, young...
Persistent link: https://www.econbiz.de/10014216480
Despite reports that homeowners are increasingly “walking away” from their mortgages, most homeowners continue to make their payments even when they are significantly underwater. This article suggests that most homeowners choose not to strategically default as a result of two emotional...
Persistent link: https://www.econbiz.de/10013039276
During the transition toward a market economy, Russian workers have had to face important structural changes in the labour market as well as dramatic changes in their real earnings. In the process, the wage gap between men and women has varied wildly over that period. In recent years, young...
Persistent link: https://www.econbiz.de/10013324937
The direct financial impact of the financial crisis has been to deal a heavy blow to investment-based pensions; many workers lost a substantial portion of their retirement saving. The financial sector implosion produced an economic crisis for the rest of the economy via high unemployment and...
Persistent link: https://www.econbiz.de/10009305828