European Economic Review最新文献_第9页

Firm entry, endogenous wage moderation, and labor market dynamics 企业进入、内生工资调节与劳动力市场动态

IF 2.8 2区经济学

European Economic Review Pub Date : 2025-02-01 DOI: 10.1016/j.euroecorev.2024.104939

Andrea Colciago , Stefano Fasani , Lorenza Rossi

引用次数: 0

Doing business far from home: Multinational firms and labor market outcomes in Saudi Arabia 在远离家乡的地方做生意：跨国公司和沙特阿拉伯的劳动力市场结果

IF 2.8 2区经济学

European Economic Review Pub Date : 2025-02-01 DOI: 10.1016/j.euroecorev.2024.104944

Alessandra L. González , Xianglong Kong

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引用次数: 0

The Key Class in Networks 网络中的关键课程

IF 2.8 2区经济学

European Economic Review Pub Date : 2025-02-01 DOI: 10.1016/j.euroecorev.2025.104950

Nizar Allouch , Jayeeta Bhattacharya

引用次数: 0

Temptation-driven preferences: A resolution to New Keynesian anomalies 诱惑驱动的偏好：对新凯恩斯主义反常现象的解决

IF 2.8 2区经济学

European Economic Review Pub Date : 2025-02-01 DOI: 10.1016/j.euroecorev.2024.104932

Marco Airaudo

引用次数: 0

Faster bank runs 更快的银行挤兑

IF 2.8 2区经济学

European Economic Review Pub Date : 2025-02-01 DOI: 10.1016/j.euroecorev.2024.104915

Oz Shy

引用次数: 0

House prices, endogenous productivity, and the effects of government spending shocks 房价，内生生产率，以及政府支出冲击的影响

IF 2.8 2区经济学

European Economic Review Pub Date : 2025-02-01 DOI: 10.1016/j.euroecorev.2024.104937

Rasmus Bisgaard Larsen , Søren Hove Ravn , Emiliano Santoro

{"title":"House prices, endogenous productivity, and the effects of government spending shocks","authors":"Rasmus Bisgaard Larsen , Søren Hove Ravn , Emiliano Santoro","doi":"10.1016/j.euroecorev.2024.104937","DOIUrl":"10.1016/j.euroecorev.2024.104937","url":null,"abstract":"<div><div>We present aggregate and regional evidence showing that U.S. house prices increase persistently in response to positive shocks to fiscal spending. In sharp contrast to this, house prices decline in conventional dynamic general equilibrium models, where shocks that have short-lived effects on the shadow value of housing inevitably generate negative comovement between households’ marginal utility of consumption and house prices (see Barsky et al., 2007). In response to an increase in government spending, the negative wealth effect exerted by the simultaneous increase in the present-value tax burden increases the marginal utility of consumption. Even overcoming the consumption crowding-out puzzle is not sufficient to resolve this shortcoming. To tackle this problem, we extend an otherwise standard model embedding a lender-borrower relationship with alternative – yet, potentially complementary – propagation channels that leverage the expansion in total factor productivity stemming from a positive shock to fiscal spending, so as to contrast the negative wealth effect of higher taxes. This class of models succeeds in generating a persistent expansion in house prices, although the propagation required to match the data is stronger – in some cases significantly so – than what is typically found in the literature. The positive interplay between house prices and productivity finds support in both aggregate and regional data.</div></div>","PeriodicalId":48389,"journal":{"name":"European Economic Review","volume":"172 ","pages":"Article 104937"},"PeriodicalIF":2.8,"publicationDate":"2025-02-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143157000","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

The invisible family load and the gender earnings gap in Kenya 肯尼亚看不见的家庭负担和性别收入差距

IF 2.8 2区经济学

European Economic Review Pub Date : 2025-02-01 DOI: 10.1016/j.euroecorev.2024.104934

Sveva Vitellozzi , Francesco Cecchi , Chiara Rapallini

{"title":"The invisible family load and the gender earnings gap in Kenya","authors":"Sveva Vitellozzi , Francesco Cecchi , Chiara Rapallini","doi":"10.1016/j.euroecorev.2024.104934","DOIUrl":"10.1016/j.euroecorev.2024.104934","url":null,"abstract":"<div><div>This study investigates the effect of the family load – the invisible cognitive and emotional burden of household management and childcare – on the gender earnings gap. We focus on two main components of this gap: labor productivity and job selection. We conduct an experiment in Nairobi randomly triggering family load-related thoughts and then assigning participants to perform manual or cognitive tasks. The family load reduces productivity for women on average. This effect is entirely driven by performance in the manual task, with no impact on the cognitively demanding one, but with no discernible productivity changes for men. Negative income effects for women persist in a subsequent session in which participants are given the choice of which task to perform. Yet, we find that it is treated men who change job preferences towards less remunerated but less cognitively challenging ones. We interpret this as evidence of a gender-differentiated effect of the family load, weighing substantially more on women in terms of productivity and income. Men, however, are far from immune to it: often the main income earners in a household, they respond by seeking safer income sources.</div></div>","PeriodicalId":48389,"journal":{"name":"European Economic Review","volume":"172 ","pages":"Article 104934"},"PeriodicalIF":2.8,"publicationDate":"2025-02-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143100317","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Motivated political reasoning: On the emergence of belief-value constellations 动机性政治推理：论信仰-价值星座的出现

IF 2.8 2区经济学

European Economic Review Pub Date : 2025-02-01 DOI: 10.1016/j.euroecorev.2024.104929

Kai Barron , Anna Becker , Steffen Huck

引用次数: 0

Does the child penalty strike twice? 孩子罚两次吗？

IF 2.8 2区经济学

European Economic Review Pub Date : 2025-02-01 DOI: 10.1016/j.euroecorev.2024.104942

Mette Gørtz , Sarah Sander , Almudena Sevilla

引用次数: 0

Reallocation, productivity, and monetary policy in an energy crisis 能源危机中的再分配、生产率和货币政策