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This time it's different: the role of women's employment in a pandemic recession
Alon, Titan; Doepke, Matthias; Olmstead-Rumsey, Jane; … - 2020
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
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This time it's different : the role of women's employment in a pandemic recession
Tertilt, Michele; Doepke, Matthias; Alon, Titan; … - 2020
Persistent link: https://www.econbiz.de/10012259807
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Can capitalists afford recovery? : a 2018 update and a closer look
Bikler, Šimšōn; Nitzan, Jonathan - 2018
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
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The COVID-19 Resilience of a Continental Welfare Regime - Nowcasting the Distributional Impact of the Crisis
Sologon, Denisa M.; O'Donoghue, Cathal; Kyzyma, Iryna; … - 2021
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
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Can Stimulus Checks Boost an Economy Under COVID-19? Evidence from South Korea
Kim, Moon Jung - 2020
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
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Can stimulus checks boost an economy under COVID-19? : evidence from South Korea
Kim, Moon Jung; Lee, Soohyung - 2020
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
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The Changing Intra-Household Resource Allocation in Russia
Lacroix, Guy; Radtchenko, Natalia - 2008
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
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Underwater and Not Walking Away : Shame, Fear and the Social Management of the Housing Crisis
White, Brent T. - 2015
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
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The Changing Intra-Household Resource Allocation in Russia
Lacroix, Guy; Radtchenko, Natalia - 2021
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
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Lifecycle impacts of the financial and economic crisis on household optimal consumption, portfolio choice, and labor supply
Chai, Jingjing; Maurer, Raimond; Mitchell, Olivia S.; … - 2011
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