In many countries, the cost of housing has greatly outpaced income growth, leading to a housing affordability crisis. Leveraging Canadian loan-level data and quasi-experimental variation in payment-to-income constraints, we document an increasing reliance of first-time homebuyers on financial...

We estimate the dynamic effects of a high-frequency identified unionwide quantitative easing (QE) shock on real GDP, inflation and unemployment in all euro area countries. We document that the effects of QE are very heterogenous across countries as regards size, significance and timing,...

This volume addresses the eighth Sustainable Development Goal. It not only enquires into its global promulgation and into individual local, national, and international cooperative programs in support of it, but it also considers the framing and elaboration of the goal, its adaptation to...

This Research Topic explores Sustainable Development Goal (SDG) eight, which is to “promote sustained, inclusive, and sustainable economic growth, full and productive employment, and decent work for all.” It highlights the COVID-19 pandemic's severe impact and triggered global economic...

Intergenerational Relations - Contemporary Theories, Studies, and Policies, concentrates on actual discussions around various aspects of interactions that occur between people from different age groups and generations. The authors present studies related to four sets of challenges crucial for...

How to conceive industrial policies as development instruments distinct from trade or fiscal-deduction interventions? How can we model and study the role of state-owned enterprises (SOEs) as agents of industrial policy? How can we model their main attributes and architectures? Drawing on the...

In this paper, I analyze detailed data on intergenerational transfers in 4 countries (China, India, Japan, and the United States) from the "Japan Household Panel Survey on Consumer Preferences and Satisfaction (JHPS-CPS)" which has been conducted by the Institute of Social and Economic Research...