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In this paper we ask, how do individual and community factors influence the average length of poverty spells? We measure local economic conditions by the county unemployment rate and neighborhood spillover effects by the racial makeup and poverty rate of the county. We find that moving an...
Persistent link: https://www.econbiz.de/10013068198
We examine the incidence, form, and research consequences of measurement error in measure of fatal injury risk in U.S. workplaces using both BLS and NIOSH data. We find evidence of substantial measurement errors in the fatality risk researchers attach to individual workers when estimating the...
Persistent link: https://www.econbiz.de/10013127075
By supplementing income explicitly through payments or implicitly through taxes collected, income-based taxes and transfers make disposable income less variable. Because disposable income determines consumption, policies that smooth disposable income also create welfare improving consumption...
Persistent link: https://www.econbiz.de/10013127139
A fundamental property of a progressive income tax is that it provides implicit insurance against shocks to income by dampening the variability of disposable income and consumption. The Economic Recovery Tax Act of 1981 (ERTA) in combination with the Tax Reform Act of 1986 (TRA86) greatly...
Persistent link: https://www.econbiz.de/10013127217
Traditional hedonic estimation approaches are known to be biased when exogenous shocks affect multiple product attributes, the market for the product's complements and substitutes, and aggregate quantity produced. Our research develops a more general hedonic model to recover the marginal...
Persistent link: https://www.econbiz.de/10012943914
Similar to other workers in industrial settings NFL running backs can choose to provide additional work effort with possible negative health consequences. We find that the most informative measure for running backs is yards gained after contact, which not only increases total rushing yards but...
Persistent link: https://www.econbiz.de/10012863791
Similar to other workers in industrial settings NFL running backs can choose to provide additional work effort with possible negative health consequences. We find that the most informative measure for running backs is yards gained after contact, which not only increases total rushing yards but...
Persistent link: https://www.econbiz.de/10012864430
There are many possible connections between VSL and behavioral economics. A list of topics includes endowment effects, risk salience, ambiguity aversion, present bias, reference groups, reference points, and experienced versus decision utilities. There are also nudges that connect to estimating...
Persistent link: https://www.econbiz.de/10012870202
Our research estimates Covid-19 non-fatal economic losses in the U.S. using detailed data on cumulative cases and hospitalizations from January 22, 2020 to July 27, 2020, from the Centers for Disease Control and Prevention (CDC). As of July 27, 2020, the cumulative confirmed number of cases was...
Persistent link: https://www.econbiz.de/10012271657
Similar to other workers in industrial settings NFL running backs can choose to provide additional work effort with possible negative health consequences. We find that the most informative measure for running backs is yards gained after contact, which not only increases total rushing yards but...
Persistent link: https://www.econbiz.de/10012064755