Showing 1 - 10 of 304
between 2002 and 2009. However, the transmission effect of the recession periods in the U.S. into the demand for money in the …
Persistent link: https://www.econbiz.de/10013028190
sex ratio in World War II contributed to a lower decline in fertility and child mortality rates in postwar Japan. In …
Persistent link: https://www.econbiz.de/10013227184
Prior to 2020, the Great Recession was the most important macroeconomic shock to the United States economy in … Recession's official end in the summer of 2009, but because it was slow and the depth of the recession so deep, it took years to … reduce slack in labor markets. But because the slow-and-steady recovery lasted so long, many pre-recession peaks were …
Persistent link: https://www.econbiz.de/10013251540
The literature on remittances is large and growing. However, its focus has mainly been on the effects of remittance inflows on the receiving economies. Little has been done on the sending economies. In this paper, we use data from Saudi Arabia, one of the top remitting countries in the world, to...
Persistent link: https://www.econbiz.de/10012914328
We investigate the responsiveness of remittances from the Gulf Cooperation Council (GCC) countries to the changes in the price of crude oil. Most of the GCC countries rank in the top 20 remitting countries in the world. We find that oil price elasticity of remittances is around 0.4. While most...
Persistent link: https://www.econbiz.de/10013158069
This paper analyzes the determinants behind the spatial distribution of the sex industry in Thailand. We relate the development of the sex industry to an early temporary demand shock, i.e., U.S. military presence during the Vietnam War. Comparing the surroundings of Thai military bases used by...
Persistent link: https://www.econbiz.de/10012959032
This paper explores the effects of the 1995 Hanshin–Awaji Earthquake on the wages of people in the area of the … earthquake over the 17 years after its occurrence and identified which part of the wage distribution has been most affected by … shows that the negative impact of the earthquake still affects the mean wages of male workers. Second, the DFL decomposition …
Persistent link: https://www.econbiz.de/10013054919
policy interventions that occurred after the Kobe earthquake that hit Japan in 1995 as a natural experiment inducing … earthquake damage but with and without the policy interventions, I find that a higher high school participation rate reduces …
Persistent link: https://www.econbiz.de/10013043688
We exploit a panel of city-level data with rich demographic information to estimate the distributional effects of Department of Defense spending and its effects on a range of social outcomes. The income generated by defense spending accrues predominantly to households without a bachelor's...
Persistent link: https://www.econbiz.de/10014076469
We consider the aggregate and distributional impact of Universal Basic Income (UBI). We develop a model to study a wide range of UBI programs and financing schemes and to highlight the key mechanisms behind their impact. The most crucial channel is the rise in distortionary taxation (required to...
Persistent link: https://www.econbiz.de/10014083880