Fostering patience in the classroom: results from randomized educational intervention

We evaluate the impact of a randomized educational intervention on children’s intertemporal choices. The intervention aims to improve the ability to imagine future selves and encourages forward-looking behavior using a structured curriculum delivered by children’s own trained teachers. We find that treated students make more patient intertemporal decisions in incentivized experimental tasks. The results […]

Income and consumption: a micro semistructural analysis with pervasive heterogeneity

[…] that allows for pervasive heterogeneity in the parameters of both processes. Introducing codependence between household income parameters and preference parameters, we also allow for heterogeneity in the impact of income shocks on consumption. We estimate the parameters of the model using a sample from the Panel Study of Income Dynamics, covering the period 1968–2009. […]

Monetary policy and the gender pay gap: evidence from UK households

This paper studies how monetary policy decisions affect the gender pay gap across UK households through a survey database. The results signify the impact of monetary policy shocks on the gap; monetary authorities’ decisions carry welfare effects for households through their pay income.

Distributional consequences of technological change: worker-level evidence

[…] the final part of our analysis studies the economic implications of remaining in a digitalizing occupational environment. We rely on an original approach that specifically captures the impact of information and communication technology at the industry level on labor market outcomes and find evidence for a digital Matthew effect: while outcomes are, on average, […]

Don’t look down: the consequences of job loss in a flexible labour market

[…] income that is due mainly to reductions in monthly pay rather than in employment propensity. Income from other labour market states and from welfare payments does little to compensate for income losses. This lack of a ‘safety net’ means that job loss in the UK has a similar impact to job loss in the USA.

Fiscal vs. social welfare: support for affordable housing in seven EU countries

[…] and provide an overview of the relevant policy changes and the reasons for such changes. By using the European tax-benefit model EUROMOD, the article estimates the distributional impact of housing allowances and mortgage tax relief in 2016 as compared to 2007. The paper concludes with a discussion of the results, and the relevant policy […]

Moving on and moving out: the implications of socio-spatial mobility for union stability

[…] in the employment characteristics of each partner on the union stability is relatively small and tend to disappear over the time. We found some evidence that the impact of the negative changes in employment characteristics of geographically mobile couples postmigration on the stability of their union is mediated by the gender of the partner […]

Distinguishing tempo and ageing effects in migration

Background: Despite emerging evidence of a delay of migration to older ages, few studies have considered its impact on overall migration levels. Objective: This paper argues that there are two possible implications of delayed migration on overall migration levels: (1) a tempo effect leading to a temporary underestimation of the level of migration in […]