We evaluate the impact of loan-to-value restrictions on household financial vulnerability. Using Norwegian tax data, we first document a beneficial leverage effect, in which households respond to the regulation by reducing house purchase probabilities, debt and interest expenses. Second, we...

This paper investigates how monetary expansion affects household consumption and savings through household debts. Using monetary policy cuts in China in the end of 2008 as an experiment, we find that the resulted increase in indebted households’ disposable income leads to increasing...

This paper develops a new class of poverty and inequality measures we call common prosperity. This measure complements existing classes of measures and allows decomposition across income sources or components of consumption expenditure. This framework enables us to study the trade-off between...

Demokratie muss gelebt werden, um sich entfalten und wirksam werden zu können. In welchem Ausmaß Menschen dies auch tatsächlich tun können und wollen, hängt auch davon ab, unter welchen Bedingungen sie arbeiten und ob in der Erwerbsarbeit selbst Demokratie gelebt wird. Gewerkschaftliche...

It ist examined, how FinTech can lower investment barriers and help households move toward optimal risk-taking, using a unique account-level data on consumption, investments, and FinTech usage from Ant Group. During our sample period, China experienced a rapid increase in FinTech penetration in...

Labor related issues have been studied in the economics profession from a number of different angles. The goal of the Barcelona Labor Economics Summer School is to cover a wide range of topics in labor economics from a variety of perspectives. In particular, this summer school offers courses...

Die sozialwissenschaftliche Arbeitsmarktforschung hat sich in der letzten Dekade weitgehend darauf konzentriert, den Einfluss staatlicher Politik auf die Arbeitsmarktordnung zu untersuchen. Diese Jahrestagung beabsichtigt, den Stellenwert auch der nicht-staatlichen korporativen Akteure für die...

The goal of the Barcelona Labor Economics Summer School is to cover a wide range of topics in labor economics from a variety of perspectives. In particular, this summer school offers courses that will cover recent developments within the macro-labor and micro-labor contexts. In each course, both...

Die Hans-Böckler-Stiftung beforscht seit mehr als zehn Jahren das komplizierte Wechselverhältnis von Arbeit und Umwelt, von Ökonomie, Ökologie und Sozialem. Es ist uns aber ebenso wichtig, uns an Dialog und Erfahrungsaustausch zu beteiligen, Ideen auf ihre praktische Tauglichkeit zu...

Labor related issues have been studied in the economics profession from a number of different angles. The goal of the Barcelona Labor Economics Summer School is to cover a wide range of topics in labor economics from a variety of perspectives. In particular, the BLSS offers courses that will...