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Countercyclical fiscal policy and gender employment: Evidence from the G-7 countries
Akitoby, Bernardin; Honda, Jiro; Miyamoto, Hiroaki - In: IZA Journal of Labor Policy 12 (2022) 1, pp. 1-23
Would countercyclical fiscal policy during recessions improve or worsen the gender employment gap? We answer this … question by exploring the state-dependent impact of fiscal spending shocks on employment by gender in the G-7 countries. Using … the local projection method, we find that, during recessions, a positive fiscal spending shock increases female employment …
Persistent link: https://www.econbiz.de/10014553754
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Synthesizing feminist and post-Keynesian/Kaleckian economics for a purple–green–red transition
Onaran, Özlem; Oyvat, Cem - In: European Journal of Economics and Economic Policies: … 20 (2023) 2, pp. 317-337
The aim of this article is to discuss why we should synthesize feminist and post-Keynesian/Kaleckian economics. We answer three related questions. Why does post-Keynesian economics need feminist economics? Why does feminist economics need post-Keynesian macroeconomics? Finally, what is the...
Persistent link: https://www.econbiz.de/10014481014
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On households and unemployment insurance
Choi, Sekyu; Valladares-Esteban, Arnau - In: Quantitative Economics 11 (2020) 1, pp. 437-469
We study unemployment insurance in a framework where the main source of heterogeneity among agents is the type of household they live in: some agents live alone while others live with their spouses as a family. Our exercise is motivated by the fact that married individuals can rely on spousal...
Persistent link: https://www.econbiz.de/10012215422
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Fiscal multipliers: A heterogenous-agent perspective
Broer, Tobias; Krusell, Per; Öberg, Erik - In: Quantitative Economics 14 (2023) 3, pp. 799-816
We use an analytically tractable heterogeneous-agent (HANK) version of the standard New Keynesian model to show how the size of fiscal multipliers depends on (i) the distribution of factor incomes, and (ii) the source of nominal rigidities. With sticky prices but flexible wages, the standard...
Persistent link: https://www.econbiz.de/10014536936
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Optimal progressivity of personal income tax: A general equilibrium evaluation for Spain
Serrano-Puente, Darío - In: SERIEs - Journal of the Spanish Economic Association 11 (2020) 4, pp. 407-455
Is the Spanish economy positioned at its optimal progressivity level in personal income tax? This article quantifies the aggregate, distributional, and welfare consequences of moving toward such an optimal level. A heterogeneous households general equilibrium model featuring both life cycle and...
Persistent link: https://www.econbiz.de/10014496141
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Der Koalitionsvertrag nimmt die Gesellschaft in die Pflicht
Bach, Stefan; Buslei, Hermann; van Deuverden, Kristina; … - In: DIW Wochenbericht 80 (2013) 50, pp. 31-42
Der Koalitionsvertrag, den CDU, CSU und SPD Ende November 2013 veröffentlich haben, enthält im Hinblick auf die wirtschaftliche und soziale Entwicklung viele konkrete und ehrgeizige Ziele: So sollen die Investitionsausgaben steigen, die Einkommenssituation ausgewählter Gruppen von Rentnern...
Persistent link: https://www.econbiz.de/10010333096
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Tax-and-transfer progressivity and business cycles
Jang, Youngsoo; Sunakawa, Takeki; Yum, Minchul - In: Quantitative Economics 14 (2023) 4, pp. 1367-1400
employment responses across the wage distribution. …
Persistent link: https://www.econbiz.de/10014536956
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Do credit supply and unemployment risk matter for household saving? Evidence from Poland
Kłopocka, Aneta Maria; Wilczyński, Ryszard - In: Contemporary Economics 15 (2021) 4, pp. 375-392
This paper contributes to the literature on the effects of uncertainty on household saving - a long-standing and extensively explored topic yet leaving a number of issues inconclusive. It concentrates on the labor income uncertainty by addressing saving against unemployment risk in terms of...
Persistent link: https://www.econbiz.de/10014544422
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Family job search and wealth: The added worker effect revisited
García Peréz, José Ignacio; Rendón, Sílvio - In: Quantitative Economics 11 (2020) 4, pp. 1431-1459
We propose and estimate a model of family job search and wealth accumulation with data from the Survey of Income and Program Participation (SIPP). This dataset reveals a very asymmetric labor market for household members who share that their job finding is stimulated by their partners' job...
Persistent link: https://www.econbiz.de/10013189728
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Impact of fiscal policy on consumption and labor supply under a time-varying structural VAR model
Shaheen, Rozina - In: Economies 7 (2019) 2, pp. 1-15
This paper investigates the impact of fiscal policy on private consumption and labor supply in the UK economy using time-varying parameter vector autoregression (TVP-VAR) with stochastic volatility for the period Q2 1987 to Q2 2017. It considers fiscal variables such as government expenditure...
Persistent link: https://www.econbiz.de/10013199569