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Immigration policy can have important net fiscal effects that vary by immigrants' skill level. But mainstream methods to estimate these effects are problematic. Methods based on cash-flow accounting offer precision at the cost of bias; methods based on general equilibrium modeling address bias...
Persistent link: https://www.econbiz.de/10012697117
experienced significant damage due to the storm surge caused by the cyclone, even if the cyclone itself passed very far away … under-estimation of the disaster risk facing low-lying atoll islands. Lastly, we constructed hypothetical policy scenarios …
Persistent link: https://www.econbiz.de/10011569563
Latinx neighborhoods that were low-income and among those located outside of FEMA's 100-year floodplain (and therefore less …
Persistent link: https://www.econbiz.de/10012668885
Hurricanes are among the costliest natural disasters in the world, with a significant portion of their impact linked to the accuracy of their forecasts. In this paper, we estimate the economic impacts of the official hurricane forecasts in the US and develop a new approach for measuring the...
Persistent link: https://www.econbiz.de/10013426083
The question of whether there is a connection between income and psychological well-being is a long-studied issue … higher levels of income later in life. We focus on earnings approximately one decade after the person's well-being is … happiness. We consider how psychological well-being may influence income. Sobel-Goodman mediation tests reveal direct and …
Persistent link: https://www.econbiz.de/10009683363
. Income effects change from positive to neutral in subsequent periods. …
Persistent link: https://www.econbiz.de/10011449339
with ten to forty years of observations from the Panel Survey of Income Dynamics. We find that neither is strongly …
Persistent link: https://www.econbiz.de/10011522136
males who were born in the South and experienced a hurricane either in utero or as infants had lower income at ages 42 to 53 …
Persistent link: https://www.econbiz.de/10011565659
how disasters affect long-run growth. Based on truly exogenous storm indicators, derived from a meteorological database … protect against storm consequences. We show that the negative growth effects in underdeveloped countries are amplified by an …
Persistent link: https://www.econbiz.de/10011521860
This paper develops a comprehensive framework for the quantitative analysis of the private and fiscal returns to schooling and of the effect of public policies on private incentives to invest in education. This framework is applied to 14 member states of the European Union. For each of these...
Persistent link: https://www.econbiz.de/10002577038