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Check in the mail or more in the paycheck

Sahm, Claudia R.; Shapiro, Matthew D.; Slemrod, Joel - 2011

Recent fiscal policies have aimed to stimulate household spending. In 2008, most households received one-time economic stimulus payments. In 2009, most working households received the Making Work Pay tax credit in the form of reduced withholding; other households, mainly retirees, received...

Persistent link: https://www.econbiz.de/10009640631

The margins of labour cost adjustment

Babecký, Jan; Du Caju, Philip; Kosma, Theodora; … - 2009

Firms have multiple options at the time of adjusting their wage bills. However, previous literature has mainly focused on base wages. We broaden the analysis beyond downward rigidity in base wages by investigating the use of other margins of labour cost adjustment at the firm level. Using data...

Persistent link: https://www.econbiz.de/10009640473

Downward nominal and real wage rigidity

Babecký, Jan; Du Caju, Philip; Kosma, Theodora; … - 2009

It has been well established that the wages of individual workers react little, especially downwards, to shocks that hit their employer. This paper presents new evidence from a unique survey of firms across Europe on the prevalence of downward wage rigidity in both real and nominal terms. We...

Persistent link: https://www.econbiz.de/10009640474

Managing household debts : social service provision in the EU ; Workshop report - Brussels, 25 June 2010

European Foundation for the Improvement of Living and … - 2010

felt. This combination of factors lead to increased over-indebtedness among households. The participants in the workshop …

Persistent link: https://www.econbiz.de/10011903923

Managing household debts : Social service provision in the EU ; Working paper

Dubois, Hans; Anderson, Robert - 2010

Household over-indebtedness is among the causes of the current financial crisis. In turn, the crisis exacerbated both … public and private debt problems. In this paper, household over-indebtedness is broadly defined as the situation where a … structural basis. Different types of over-indebtedness are interrelated in complex causal networks with a broad spectrum of …

Persistent link: https://www.econbiz.de/10011903924