Showing 1 - 10 of 881
This paper examines two key aspects of unemployment-its propagation mechanism and socioeconomic costs. It identifies a key feature of this macroeconomic phenomenon: it behaves like a disease. A detailed assessment of the transmission mechanism and the existing pecuniary and nonpecuniary costs of...
Persistent link: https://www.econbiz.de/10011784685
As country after country in the European Union is called to respond to the current challenge of our time - high inflation and declining real wages - governments must engage in a transformative agenda and go beyond emergency energy vouchers and income support cashtransfers. And if the goal is to...
Persistent link: https://www.econbiz.de/10014474497
The job guarantee (JG) is a public option for jobs. It is a permanent, federally funded, and locally administered program that supplies voluntary employment opportunities on demand for all who are ready and willing to work at a living wage. While it is first and foremost a jobs program, it has...
Persistent link: https://www.econbiz.de/10012142949
Superstition is a widespread phenomenon. We empirically examine its impact on health-related behavior and health … bad outcomes, we observe substantial adaptions in health-related behavior. Our identification exploits idiosyncratic … is a quantum effect, the latter two effects reflect changes in the timing of events. Efficient public health policy …
Persistent link: https://www.econbiz.de/10012140925
In this paper, we test for the existence of socioeconomic heterogeneity in the effect of health shocks on labor market … hospitalizations as a measure of health shocks. Our results suggest large heterogeneity in the effects, where low educated individuals … suffer relatively more from a given health shock. This result holds across a wide range of different health shocks and our …
Persistent link: https://www.econbiz.de/10010321113
In this paper I first provide an overview of alternative approaches to money, contrasting the orthodox approach, in which money is neutral, at least in the long run; and the Marx-Veblen-Keynes approach, or the monetary theory of production. I then focus in more detail on two main categories: the...
Persistent link: https://www.econbiz.de/10010286499
The paper evaluates the fiscal policy initiatives during the Great Recession in the United States. It argues that, although the nonconventional fiscal policies targeted at the financial sector dwarfed the conventional countercyclical stabilization efforts directed toward the real sector, the...
Persistent link: https://www.econbiz.de/10010318645
provide a detailed picture of the economic situation of people with SMI in Sweden during a period of ±10 years around first …
Persistent link: https://www.econbiz.de/10014305343
include cognitive ability, mental health, and labour-market related behaviour across the life course. However, people who …
Persistent link: https://www.econbiz.de/10010464472
We examine the effect of immigration on public spending from a theoretical (political economic) and an empirical perspective. We distinguish between public spending on private goods and on public goods. Our model implies that whether immigration increases or decreases public spending primarily...
Persistent link: https://www.econbiz.de/10010325619