Similar Search Results

The Unemployment Impact of Product and Labour Market Regulation : Evidence from European Countries

Piton, Céline - 2018

This paper provides robust estimates of the impact of both product and labour market regulations on unemployment using data for 24 European countries over the period 1998-2013. Controlling for country-fixed effects, endogeneity and a large set of covariates, results show that product market...

Persistent link: https://www.econbiz.de/10012915739

Does Anti-Competitive Regulation Matter for Productivity? Evidence from European Firms

Arnold, Jens Matthias - 2011

. These allow accounting for both the direct effects of sectoral regulation on within-sector performance and the indirect … effects of sectoral regulation on firms in other sectors through intersectoral input-output linkages. Our econometric … at the global technological frontier and a catch up term. We assume that regulation can affect productivity growth both …

Persistent link: https://www.econbiz.de/10013129907

Labour Market Regulation in the Eu-15 : Causes and Consequences - a Survey

Siebert, Stanley - 2006

efficiency arguments are questionable, because of the disemployment effects of strict regulation. Regulation is better explained … rationally desires strict regulation to divert rent from other groups such as the skilled workers and the unemployed. Legal … tradition. Given a predisposition to intervene, these countries begin with some degree of labour regulation, which then creates …

Persistent link: https://www.econbiz.de/10012779043

Transfer Payment Systems and Financial Distress : Insights from Health Insurance Premium Subsidies

Schmid, Christian; Schreiner, Nicolas; Stutzer, Alois - 2021

How should payment systems of means-tested benefits be designed to improve the financial situation of needy recipients most effectively? We study this question in the context of mandatory health insurance in Switzerland, where recipients initially received either a cash transfer or subsidized...

Persistent link: https://www.econbiz.de/10013315228

Riches to Rags Every Month? The Fall in Consumption Expenditures between Paydays

Huffman, David; Barenstein, Matias - 2021

This paper finds declining consumption expenditure between paydays, for a typical household in the working population of the UK. The magnitude is inconsistent with exponential time preference, but compatible with quasi-hyperbolic discounting. However, the hyperbolic model predicts that credit...

Persistent link: https://www.econbiz.de/10013318839

Financial Inclusion, Shocks and Poverty : Evidence from the Expansion of Mobile Money in Tanzania

Koppensteiner, Martin - 2018

We estimate the effect of mobile money adoption on consumption smoothing, poverty and human capital investments in Tanzania. We exploit the rapid expansion of the mobile money agent network between 2010 and 2012 and combine this with idiosyncratic shocks from variation in rainfall over time and...

Persistent link: https://www.econbiz.de/10012907820

A Simple Model of a Central Bank Digital Currency

Mishra, Bineet; Prasad, Eswar S. - 2023

We develop a general equilibrium model that highlights the trade-offs between physical and digital forms of retail central bank money. The key differences between cash and central bank digital currency (CBDC) include transaction efficiency, possibilities for tax evasion, and, potentially,...

Persistent link: https://www.econbiz.de/10014354569

How Soon is Now? Evidence of Present Bias from Convex Time Budget Experiments

Balakrishnan, Uttara - 2016

Empirically observed intertemporal choices about money have long been thought to exhibit present bias, i.e. higher short-term compared to long-term discount rates. Recently, this view has been called into question on both empirical and theoretical grounds, and a spate of recent findings suggest...

Persistent link: https://www.econbiz.de/10013001308

Improving Access to Savings Through Mobile Money : Experimental Evidence from African Smallholder Farmers

Batista, Catia - 2019

Investment in improved agricultural inputs is infrequent for smallholder farmers in Africa. One barrier may be limited access to formal savings. This is the first study to use a randomized controlled trial to evaluate the impact of using mobile money as a tool to promote agricultural investment....

Persistent link: https://www.econbiz.de/10012857838

Adopting Mobile Money : Evidence from an Experiment in Rural Africa

Batista, Catia - 2020

Who uses mobile money? What is mobile money used for? This paper describes the mobile money adoption patterns following the experimental introduction of mobile money for the first time in rural areas of Southern Mozambique. We use a combination of administrative and household survey data to...

Persistent link: https://www.econbiz.de/10012842055