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Intergenerational transfer, human capital and long-term growth in China under the one child policy

Zhu, Xi; Whalley, John; Zhao, Xiliang - In: Economic modelling 40 (2014), pp. 275-283

Persistent link: https://www.econbiz.de/10010425626

Fiscal consolidation and climate policy : an overlapping generations perspective ; conference paper

Rausch, Sebastian - 2013 - This version: March 1, 2013, very preliminary

We examine the distributional and efficiency impacts of climate policy in the context of fiscal consolidation in a dynamic general-equilibrium overlapping generations model of the US economy. The model includes a disaggregated production structure, including energy sector detail and advanced...

Persistent link: https://www.econbiz.de/10010337844

Life-Cycle and Intergenerational Effects of Child Care Reforms

Chan, Marc K. - 2015

We investigate the importance of various mechanisms by which child care policies can affect life-cycle patterns of employment and fertility among women, as well as long-run cognitive outcomes among children. A structural life-cycle model of employment, fertility, and child care use is estimated...

Persistent link: https://www.econbiz.de/10013014025

Population, Wealth, and Economic Growth in the Asia and Pacific Region

Mason, Andrew W. - 2012

We explore how demographic changes in the Asia and Pacific region are likely to influence economic growth and other … dividend, over time population aging could drag on economic growth, especially in East Asia. A second potential problem from …

Persistent link: https://www.econbiz.de/10013112107

Macroprudential Policy and Aggregate Demand

Teixeira, André; Venter, Zoe - 2022

This paper assesses the impact of macroprudential policy (MaPP) on aggregate demand in the EU between 2000-2019. Using a difference-in-differences approach, we find that MaPP reduces household consumption and increases firm investment. These effects are relatively mild in the short run but...

Persistent link: https://www.econbiz.de/10013298091

The Effects of Relaxing the One-Child Policy

Jia, Ning; Lugauer, Steven; Ni, Jinlan; Yin, Zhichao - 2021

This paper examines the early effects of dismantling the one-child (fertility) policy, which China relaxed in 2013 and eliminated prior to 2017. Birth rates, female labor force participation, and saving behavior have already changed. Between 2015 and 2017, the proportion of households with...

Persistent link: https://www.econbiz.de/10013241694

Overpersistence bias in individual income expectations and its aggregate implications

Rozsypal, Filip; Schlafmann, Kathrin - 2021

Using micro-level data, we document a systematic, income-related component in household income forecast errors. We show that these errors can be formalized by a modest deviation from rational expectations, where agents overestimate the persistence of their income process. We then investigate the...

Persistent link: https://www.econbiz.de/10012495059

Managing households' expectations with salient economic policies

D'Acunto, Francesco; Hoang, Daniel; Weber, Michael - 2019 - This version: August 2019

The empirical effectiveness of economic policies that operate theoretically through similar channels differs substantially. We document this fact by comparing an easy-to-grasp expectations-based policy, unconventional fiscal policy, with a policy whose implications are harder to understand by...

Persistent link: https://www.econbiz.de/10012057290

The economic effects of international sanctions : an event study

Gutmann, Jerg; Neuenkirch, Matthias; Neumeier, Florian - 2021

document a significant negative effect of international sanctions on GDP growth and its components (consumption, investment …

Persistent link: https://www.econbiz.de/10012500430

Tax policy reform and universal basic income effectiveness in a currency union : implications for long-term growth, inequality, and welfare

Kame Babilla, Thierry U. - In: Journal of government and economics : JGE 10 (2023), pp. 1-15

-term growth and welfare in a currency union that faces fiscal rule constraints and inequality. To address this ongoing government … three fiscal policy strategies. Results demonstrate that the effectiveness of universal basic income on long-term growth … completely eliminating oil subsidies appears to be the best policy for reducing inequality while increasing growth and welfare …

Persistent link: https://www.econbiz.de/10014414077