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The empirical literature on occupational licensing finds standard monopoly effects of entry regulations: Less competition and economic rents for professionals. I exploit the natural experimental design of a change in the German crafts regulation in 2004, which removed the traditional licensing...
Persistent link: https://www.econbiz.de/10012040312
Large variation in the estimated income premium of occupational licensing can be found in the existing literature. I revisit the natural experimental design of a change in the German crafts regulation in 2004, which removed the traditional licensing requirement for self-employment in certain...
Persistent link: https://www.econbiz.de/10012242312
Persistent link: https://www.econbiz.de/10012260594
We investigate how worries in Germany change across time and age, drawing on both closed-ended questions (which … influence worries. For example, worries about peace peaked in 2003, the year of the Iraq War, with a considerable number of … effects - worries about various topics such as health and the general economic situation increase with age. With increasing …
Persistent link: https://www.econbiz.de/10011669907
We investigate how worries in Germany change across time and age, drawing on both closed-ended questions (which … influence worries. For example, worries about peace peaked in 2003, the year of the Iraq War, with a considerable number of … effects - worries about various topics such as health and the general economic situation increase with age. With increasing …
Persistent link: https://www.econbiz.de/10011672589
Since 2008, excess liquidity - defined as the sum of holdings of central bank reserves in excess of reserve requirements and holdings of equivalent central bank deposits - has tended to accumulate in specific euro area countries and in a small, slowly changing group of credit institutions....
Persistent link: https://www.econbiz.de/10011747703
Since 2008, excess liquidity – defined as the sum of holdings of central bank reserves in excess of reserve requirements and holdings of equivalent central bank deposits – has tended to accumulate in specific euro area countries and in a small, slowly changing group of credit...
Persistent link: https://www.econbiz.de/10012943463
Are individuals more sensitive to losses than gains in terms of economic growth? Using subjective well-being data, we observe an asymmetry in the way positive and negative economic growth are experienced. We find that measures of life satisfaction and affect are more than twice as sensitive to...
Persistent link: https://www.econbiz.de/10010498599
This paper uses newly available data to describe the distribution of crime victimization and other criminal activities (including drug trafficking and corruption) around the world. The paper then documents a negative (positive) correlation between measures of criminal activity and happiness and...
Persistent link: https://www.econbiz.de/10003794709
This paper focuses on the effects of domestic and international remittances on children's well-being. Using data from the 1992/93 and 1997/98 Vietnam Living Standards Surveys, we investigate average school attendance and child labour in remittance recipient and non-recipient households. The...
Persistent link: https://www.econbiz.de/10009537256