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Achieving low unemployment in an environment of weak growth is a major policy challenge; a more egalitarian distribution of hours worked could be the key to solving it. Whether worksharing actually increases employment, however, has been debated controversially. In this article we present...
Persistent link: https://www.econbiz.de/10011418475
The correlation in economic status among siblings is a useful "omnibus measure" of the overall impact of family and community factors on adult economic status. In this study we compare brother correlations in long-run (permanent) earnings between the United States, on one hand, and the Nordic...
Persistent link: https://www.econbiz.de/10011335242
This paper is the first to analyze the impact of family background on permanent earnings based on sibling correlations in Germany and to provide a cross-country comparison of Germany, Denmark, and USA. The main findings are that family and community background has a stronger influence on...
Persistent link: https://www.econbiz.de/10010475702
In his widely discussed book "Fault Lines" (2010), Raghuram Rajan argues that many U.S. consumers have reacted to the decline in their relative permanent incomes since the early 1980s by reducing saving and increasing debt. This has temporarily kept private consumption and thus aggregate demand...
Persistent link: https://www.econbiz.de/10009616515
Economists have long been concerned that negative attitudes about relative income reduce social welfare. This paper investigates whether such attitudes can be mitigated by a simple information treatment. Toward this end, we conducted an original randomized online survey experiment in the US and...
Persistent link: https://www.econbiz.de/10010490894
The correlation in economic status among siblings is a useful "omnibus measure" of the overall impact of family and community factors on adult economic status. In this study we compare brother correlations in long-run (permanent) earnings between the United States, on one hand, and the Nordic...
Persistent link: https://www.econbiz.de/10013321281
Parents invest in their children's human capital in several ways. We investigate the extent to which the levels and composition of parent-child time varies across countries with different welfare regimes: Finland, Germany and the United States. We test the hypothesis of parentchild time as a...
Persistent link: https://www.econbiz.de/10008779133
Parents invest in their children's human capital in several ways. We investigate the extent to which the levels and composition of parent-child time varies across countries with different welfare regimes: Finland, Germany and the United States. We test the hypothesis of parentchild time as a...
Persistent link: https://www.econbiz.de/10009680125
parental time use, the use of formal childcare arrangements and child test scores. I use the model to simulate the effects of … cash transfers and formal childcare subsidies. First, I find that the cost-effectiveness of the recently expanded Child Tax … Dependent Care Tax Credit which offer larger formal childcare subsidies and relax the employment requirements. I estimate that a …
Persistent link: https://www.econbiz.de/10012893410
Persistent link: https://www.econbiz.de/10001686924