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We exploit the 1998 and 2003 constitutional amendment in Texas—allowing home equity loans and lines of credit for non-housing purposes—as natural experiments to estimate the effect of easier credit access on the labor market. Using state-level as well as county-level data and the...
Persistent link: https://www.econbiz.de/10012851674
steadily from 2010 but with a shift towards lower paid jobs. Median wages increased from around 2014, but while those for women …
Persistent link: https://www.econbiz.de/10012440170
Since the introduction of the euro, divergent nominal wage developments in member countries contributed to economic imbalances, prominently visible in the current account. Wages are factor costs and as such key determinants of the price competitiveness of the tradable sector and the domestic...
Persistent link: https://www.econbiz.de/10011926934
We evaluate the relative importance of aggregate labor productivity versus income taxes and social contributions for tax compliance in an economy with a large degree of informality. Empirical evidence points out that tax evasion in Europe happens through partially concealing wages and profits in...
Persistent link: https://www.econbiz.de/10012948231
We study the impact of the Brexit referendum on Irish exporters to the UK. The referendum triggered a sharp devaluation of the British pound vis-a-vis the euro and led to considerable uncertainty about future trade relations between the UK and the EU. Using administrative data on the universe of...
Persistent link: https://www.econbiz.de/10015048212
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Hispanic women in the US. The first part examines 1990 and 2002, two years with very similar national unemployment levels, and … the poverty levels of black and Hispanic women would be different if they were paid the same wages as white women with the … same characteristics. The results show that for the working poor black women the difference in poverty rates would be small …
Persistent link: https://www.econbiz.de/10014049119
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