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lower level of qualification. Over 20 percent of professional women downgrade, half of them moving to low-skill jobs; two …
Persistent link: https://www.econbiz.de/10010268437
Two particular features of the position of women in the British labour market are the extensive role of part-time work and the large part-time pay penalty. Part-time work features most prominently when women are in their 30s, the peak childcare years and, particularly for more educated women, a...
Persistent link: https://www.econbiz.de/10010268486
spending response to these holidays. Using a diff-in-diff methodology, we find that STHs increase overall daily spending by 8 …%, with large percentage increases in spending on children's clothes and shoes of 193% and 98% respectively. Consumers with … children increase spending more during STHs. Our estimates of price elasticities range from 6 for big box merchants to 30 for …
Persistent link: https://www.econbiz.de/10010292191
This paper examines trends in household consumption and saving behaviour in each of the last three recessions in the UK. We identify several dimensions along which the most recent recession (the so-called 'Great Recession') has been different from those that occurred in the 1980s and 1990s....
Persistent link: https://www.econbiz.de/10010331050
In this paper we revisit the literature on the economic consequences from inefficiency in public services provision. Following Dupuit (1844) and Pigou (1947) we argue that it is important to take the financing side explicitly into account. The fact that public expenditure financing must rely on...
Persistent link: https://www.econbiz.de/10011604647
confidence. Long-term interest rates, as a measure of confidence in the sovereign, tend to fall around spending …, spending-based measures seem preferable. Slump periods are not necessarily bad moments for such measures, while strengthening …
Persistent link: https://www.econbiz.de/10011605815
Who are the dominant owners of US public debt? Is it widely held, or concentrated in the hands of a few? Does ownership of public debt give these bondholders power over our government? What do we make of the fact that foreign-owned debt has ballooned to nearly 50 percent today? Until now, we...
Persistent link: https://www.econbiz.de/10011646691
This dissertation offers the first comprehensive historical examination of the political economy of US public debt ownership. Specifically, the study addresses the following questions: Who owns the US public debt? Is the distribution of federal government bonds concentrated in the hands of a...
Persistent link: https://www.econbiz.de/10011646706
score matching, and inverse probability weighting estimation techniques, we find that 1 dollar of federal spending increases …
Persistent link: https://www.econbiz.de/10012018225
shifts in spending. In response to the inflow, farm and business owners were taxed more while residential property and wage … bill taxes were left unchanged. Moreover, high-inflow cities significantly raised welfare spending while reducing spending …
Persistent link: https://www.econbiz.de/10011931690