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Sick Pay Reforms and Health Status in a Unionised Labour Market

Goerke, Laszlo - 2016

We theoretically analyse the effects of sick pay and employees' health on collective bargaining, assuming that … reduces labour supply sufficiently. Better employee health tends to foster wage demands. If the union determines both wages …

Persistent link: https://www.econbiz.de/10012977408

Health Insurance Coverage and Risky Health Behaviors Among Young Adults

Yoruk, Baris - 2021

This paper investigates the relationship between health insurance coverage and risky health behaviors among young … Affordable Care Act required all employers to provide health insurance to employees’ children until the age of 26 (before … September, 2010), many health insurance contracts covered dependents through age 19. Using a regression discontinuity design …

Persistent link: https://www.econbiz.de/10013315533

GDP Growth, Private Debt and Monetary Policy

Cafiso, Gianluca - 2017

Economic research has considered Private Debt a determinant of GDP growth for years. By keeping this perspective, the objective of this work is to understand how much of the GDP response to a monetary shock is due to the variation of private debt. This is the marginal contribution of private...

Persistent link: https://www.econbiz.de/10012953691

The Effect of Household Debt on Aggregate Demand - The Case of Spain

Jauch, Sebastian - 2013

Households in some European countries increased their indebtedness massively over the past 20 years. Besides household debt, also government debt and corporate debt are in some countries at levels not seen before. While there is a common agreement that these high debt levels are not sustainable...

Persistent link: https://www.econbiz.de/10013090255

Sovereigns Versus Banks : Credit, Crises, and Consequences

Jordà, Òscar - 2014

Two separate narratives have emerged in the wake of the Global Financial Crisis. One interpretation speaks of private financial excess and the key role of the banking system in leveraging and deleveraging the economy. The other emphasizes the public sector balance sheet over the private and...

Persistent link: https://www.econbiz.de/10013062419

Do Banks Pass Through Credit Expansions? The Marginal Profitability of Consumer Lending During the Great Recession

Agarwal, Sumit - 2015

We examine the ability of policymakers to stimulate household borrowing and spending during the Great Recession by reducing banks' cost of funds. Using panel data on 8.5 million U.S. credit card accounts and 743 credit limit regression discontinuities, we estimate the marginal propensity to...

Persistent link: https://www.econbiz.de/10013013488

Private Debt and GDP : A Short-Run Perspective

Cafiso, Gianluca - 2021

Mainstream economic research regards private debt as a determinant of GDP growth in the longrun. Levine (2005) surveys in details this branch of literature and explains the channels by which debt fuels growth. In this paper we switch the focus from the long to the short-run and study whether...

Persistent link: https://www.econbiz.de/10013315475

Private Debt Overhang and the Government Spending Multiplier : Evidence for the United States

Bernardini, Marco - 2015

Using state-dependent local projection methods and historical U.S. data, we find that government spending multipliers are considerably larger in periods of private debt overhang. In particular, we find significant crowding-out of personal consumption and investment in low-debt states, resulting...

Persistent link: https://www.econbiz.de/10013024365

The Measurement of Health Inequalities : Does Status Matter?

Costa-Font, Joan - 2017

The measurement of health inequalities usually involves either estimating the concentration of health outcomes using an … income-based measure of status or applying conventional inequality measurement tools to a health variable that is non … distribution of health outcomes: this enables us to deal consistently with categorical data. We examine several status concepts to …

Persistent link: https://www.econbiz.de/10012967396

'Cultural Persistence' of Health Capital : Evidence from European Migrants

Costa-Font, Joan - 2017

We examine the persistence of the association between subjective health assessments of both first and second … variables including citizenship and cultural proxies. Our results show robust evidence of persistence of health assessments, and … such associations do not fade over generations. We estimate that a one standard deviation change in ancestral health …

Persistent link: https://www.econbiz.de/10012968639