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Using data from the 2003-14 American Time Use Survey (ATUS), this paper examines the relationship between the state unemployment rate and the time that opposite-sex couples with children spend on childcare activities, and how this varies by the socioeconomic status (SES), race, and ethnicity of...
Persistent link: https://www.econbiz.de/10011695501
This paper analyzes the labor supply response of married women to their husbands' job losses (Added Worker Effect) due to the recent economic crisis in Turkey. Identification is achieved by exploiting the exogenous variation in the output of male-dominated sectors hard-hit by the crisis....
Persistent link: https://www.econbiz.de/10010484410
The complexities of geopolitical events, financial and fiscal crises, and the ebb and flow of personal life circumstances can weigh heavily on individuals' minds as they make critical economic decisions. To investigate the impact of cognitive load on such decisions, we conducted an incentivized...
Persistent link: https://www.econbiz.de/10014448268
contested determinants of the correlation between house prices and saving. Crucially, to compare the savings behaviour of home … and saving for young and old home-owners, both through a direct wealth eff ect and through housing equity serving as …
Persistent link: https://www.econbiz.de/10011533763
saving during the 2007 recession. We find that, while different segments of the population were affected in distinct ways … to their deteriorated financial situations, households reduced their average spending and increased their saving. This … increase in saving - at least in 2009 - did not materialize through an increase in contributions to retirement and savings …
Persistent link: https://www.econbiz.de/10008935752
We examine the financial resilience of Austrian households, relating it to their experience of financial shocks earlier in life and to their financial literacy. We find that previous negative (positive) financial shocks are negatively (positively) related to financial resilience. Financial...
Persistent link: https://www.econbiz.de/10014473206
In times of economic crises, household production, and the unpaid work time associated with it, can serve as a coping mechanism for absorbing the impact of shocks. Evidence from the Great Recession has been supportive of this possibility, and has revealed the presence of gender asymmetries...
Persistent link: https://www.econbiz.de/10010358418
This paper uses data from the American Life Panel to understand the determinants of well-being in the United States during the Great Recession. It investigates how various dimensions of subjective wellbeing reflected in the OECD Better Life Framework impact subjective well-being. The results...
Persistent link: https://www.econbiz.de/10010464956
While results are starting to emerge, not much is known yet about the dynamics of the labor markets of the former Eastern economies, especially in the context of the current Financial Crisis. Arguably, this is mainly due to paucity of (panel) data. By examining labor market transitions, earnings...
Persistent link: https://www.econbiz.de/10009521177
We take the neoclassical perspective and apply the business cycle accounting method as proposed by Chari, Kehoe, and McGrattan (2007, Econometrica) for the Great Recession and the associated stimulus program in Germany 2008-2009. We include wedges to the variables government consumption,...
Persistent link: https://www.econbiz.de/10012236598