[…] macroeconomic scenarios for the housing market, lenders’ and borrowers’ behaviour, and different calibrations of macroprudential policy interventions in a consistent way. This, in turn, allows us to take a forward-looking view about potential risks stemming from the distribution of mortgage debt, as well as assess the impact of potential macroprudential policies in a forward-looking manner.

[…] poverty. In line with the Commission’s wider measurement framework, data are provided for the depth and persistence of poverty as well as the wider factors that can impact on the lives of people in poverty (Lived Experience Indicators). The tables also include disaggregated data for children, pension-age adults and working-age adults. The figures are […]

We investigate the impact of exogenous local conditions which favour high market concentration on supply, price and quality in local markets for care homes for older people in England. We extend the existing literature in: (i) considering supply capacity as a market outcome alongside price and quality; (ii) taking account of the chain structure […]

[…] almost 35% in other regions. Exploiting a substantial variation in childcare availability across regions over time, this paper uses the Russian Longitudinal Monitoring Survey to evaluate the impact of extending childcare availability on mothers’ labour outcomes. I find that an increase in childcare availability has a positive and significant effect on maternal employment both […]

[…] four major structural reforms that took place in Greece during and in the aftermath of the economic crisis; using microsimulation techniques, we simulate the (ceteris paribus) first-order impact of these reforms on the distribution of incomes, the state budget and work incentives, while also trying to identify the main gainers and losers of these […]

[…] health, work, education, income, family, and social life to help understand the long term effects of social and economic change, as well as policy interventions designed to impact upon the general well-being of the UK population. This paper showcases the opportunities that Understanding Society opens up for rigorous longitudinal cohort analysis of various life […]

[…] lies in its high level of disaggregation and the close connection between microeconomic and macroeconomic mechanisms which makes it a very suitable model to analyse the redistributive impact of policies. EDGE-M3 features eighty generations and seven earnings-ability types of individuals. To facilitate a realistic dynamic population structure EDGE-M3 includes Eurostat’s demographic projections. In terms […]

[…] schools. The third chapter studies the effect of regulation on intergenerational transmission of occupations. Focusing on the case of Italy since the early 2000s, we exploit the impact of two major reforms in the regulation of professional services. Leveraging the differential effect of regulation among occupations and over time, we show that the progressive […]