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Labor market programs may affect unemployed individuals' behavior before they enroll. Such ex ante effects may differ according to ethnic origin. We apply a novel method that relates self-reported perceived treatment rates and job search behavioral outcomes, such as the reservation wage or...
Persistent link: https://www.econbiz.de/10010274689
should intervene in the business cycle. Following Ramey (2011b), we include expectations held by consumers and firms into the … findings also underscore the need to account for expectations, as failing to do so leads to significant misinterpretation of …
Persistent link: https://www.econbiz.de/10011525541
durable spending. Possible channels for these effects include more optimistic macroeconomic expectations and higher trust in …
Persistent link: https://www.econbiz.de/10012545092
durable spending. Possible channels for these effects include more optimistic macroeconomic expectations and higher trust in …
Persistent link: https://www.econbiz.de/10012584787
durable spending. Possible channels for these effects include more optimistic macroeconomic expectations and higher trust in …
Persistent link: https://www.econbiz.de/10012543614
Germany has the lowest birth rate among all OECD countries. To encourage fertility, the federal government has recently introduced a set of reforms that led to a substantial expansion of public child care for under three year old children. Using administrative county-level data, we exploit...
Persistent link: https://www.econbiz.de/10010339951
We investigate the impact of a large scale debt waiver program for small agricultural borrowers in India on the short term and long term consumption levels of the beneficiaries. We obtain consumption data from three national level surveys conducted before and after the waiver by a federal...
Persistent link: https://www.econbiz.de/10012972024
We document heterogeneity in the evolution of income growth since the Great Recession. Using administrative data on the incomes of over 7 million households, we estimate the extent to which lower-income households began to catch-up with higher earners in two distinct phases: first, as the labor...
Persistent link: https://www.econbiz.de/10013314708
The COVID-19 pandemic had posed a dramatic impact on labor markets across Europe. Forceful fiscal responses have prevented an otherwise sharper contraction. Many countries introduced or expanded job-retention schemes to preserve jobs and support households. This paper uses a microsimulation...
Persistent link: https://www.econbiz.de/10014254891
On May 11 2004, the Australian government announced a $3,000 universal cash transfer payable on the birth of a child. In this investigation, the fertility choice response to this policy across maternal age and birth order are measured using a multivariate time series technique applied to...
Persistent link: https://www.econbiz.de/10013000357