The Impact of Personal Bankruptcy on Labor Supply Decisions

2016 ◽  
Author(s):  
Daphne Chen ◽  
Jake Zhao
Keyword(s):  
Labor Supply ◽  
Personal Bankruptcy ◽  
The Impact

Implications of higher retirement age for the labor market

2017 ◽  
pp. 22-39 ◽  
Author(s):  
M. Ivanova ◽  
A. Balaev ◽  
E. Gurvich
Keyword(s):  
Economic Growth ◽  
Labor Market ◽  
Labor Supply ◽  
Labor Force ◽  
Labor Demand ◽  
Retirement Age ◽  
Demographic Trends ◽  
Men And Women ◽  
Demographic Projections ◽  
The Impact

The paper considers the impact of the increase in retirement age on labor supply and economic growth. Combining own estimates of labor participation and demographic projections by the Rosstat, the authors predict marked fall in the labor force (by 5.6 million persons over 2016-2030). Labor demand is also going down but to a lesser degree. If vigorous measures are not implemented, the labor force shortage will reach 6% of the labor force by the period end, thus restraining economic growth. Even rapid and ambitious increase in the retirement age (by 1 year each year to 65 years for both men and women) can only partially mitigate the adverse consequences of demographic trends.

scholarly journals The impact of gender role norms on mothers’ labor supply

2021 ◽  
Vol 186 ◽  
pp. 113-134
Author(s):  
Danilo Cavapozzi ◽  
Marco Francesconi ◽  
Cheti Nicoletti
Keyword(s):  
Gender Role ◽  
Labor Supply ◽  
The Impact ◽  
Role Norms ◽  
Gender Role Norms

Bankruptcy filings, flooding, real estate prices and Leading Index

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Billie Ann Brotman
Keyword(s):  
Housing Prices ◽  
The United States ◽  
Flood Insurance ◽  
Single Family ◽  
Personal Bankruptcy ◽  
Content Type ◽  
Independent Variables ◽  
Flooding Event ◽  
Flooding Events ◽  
The Impact

PurposeFlood damage to uninsured single-family homes shifts the entire burden of costly repairs onto the homeowner. Homeowners in the United States and in much of Europe can purchase flood insurance. The Netherlands and Asian countries generally do not offer flood insurance protection to homeowners. Uninsured households incur the entire cost of repairing/replacing properties damaged due to flooding. Homeowners’ policies do not cover damage caused by flooding. The paper examines the link between personal bankruptcy and the severity of flooding events, property prices and financial condition levels.Design/methodology/approachA fully modified ordinary least squares (FMOLS) regression model is developed which uses personal bankruptcy filings as its dependent variable during the years 2000 through 2018. This time-series model considers the association between personal bankruptcy court filings and costly, widespread flooding events. Independent variables were selected that potentially act as mitigating factors reducing bankruptcy filings.FindingsThe FMOLS regression results found a significant, positive association between flooding events and the total number of personal bankruptcy filings. Higher flooding costs were associated with higher bankruptcy filings. The Home Price Index is inversely related to the bankruptcy dependent variable. The R-squared results indicate that 0.65% of the movement in the dependent variable personal bankruptcy filings is explained by the severity of a flooding event and other independent variables.Research limitations/implicationsThe severity of the flooding event is measured using dollar losses incurred by the National Flood Insurance program. A macro-case study was undertaken, but the research results would have been enhanced by examining local areas and demographic factors that may have made bankruptcy filing following a flooding event more or less likely.Practical implicationsThe paper considers the impact of the natural disaster flooding on bankruptcy rates filings. The findings may have implications for multi-family properties as well as single-family housing. Purchasing flood insurance generally mitigates the likelihood of severe financial risk to the property owner.Social implicationsNatural flood insurance is underwritten by the federal government and/or by private insurers. The financial health of private property insurers that underwrite flooding and their ability to meet losses incurred needs to be carefully scrutinized by the insured.Originality/valuePrior studies analyzing the linkages existing between housing prices, natural disasters and bankruptcy used descriptive data, mostly percentages, when considering this association. The study herein posits the same questions as these prior studies but used regression analysis to analyze the linkages. The methodology enables additional independent variables to be added to the analysis.

The Impact of World War II on the Demand for Female Workers in Manufacturing

2018 ◽  
Vol 78 (2) ◽  
pp. 539-574
Author(s):  
Dina Shatnawi ◽  
Price Fishback
Keyword(s):  
World War Ii ◽  
Labor Supply ◽  
Supply And Demand ◽  
Growth Path ◽  
World War ◽  
Female Workers ◽  
Post War ◽  
The Impact ◽  
Boom Period

Most studies of female workers in the 1940s focus on labor supply. We use the basics of supply and demand to measure the impact of WWII on the short- and medium-run demand for female workers in manufacturing. Demand rose for both salaried and production female workers during the war and then fell after the war. However, the post-war demands for both groups were substantially higher than before the war and higher than the levels that would have been reached had the demands followed a counterfactual growth path from the boom period in the 1920s.

Work Relief and the Labor Force Participation of Married Women in 1940

1994 ◽  
Vol 54 (1) ◽  
pp. 64-84 ◽  
Author(s):  
T. Aldrich Finegan ◽  
Robert A. Margo
Keyword(s):  
Economic Analysis ◽  
Labor Supply ◽  
Labor Force ◽  
Labor Force Participation ◽  
New Deal ◽  
Married Women ◽  
Added Worker Effect ◽  
The Great Depression ◽  
The Impact ◽  
Work Relief

Economic analysis of the labor supply of married women has long emphasized the impact of the unemployment of husbands—the added worker effect. This article re-examines the magnitude of the added worker effect in the waning years of the Great Depression. Previous studies of the labor supply of married women during this period failed to take account of various institutional features of New Deal work relief programs, which reduced the size of the added worker effect.

scholarly journals The Effects of Pension Information on Individuals’ Economic Outcomes: A Survey

Economies ◽  
2020 ◽  
Vol 8 (3) ◽  
pp. 67
Author(s):  
Stefania Basiglio ◽  
Noemi Oggero
Keyword(s):  
Labor Supply ◽  
Gender Gap ◽  
Information Provision ◽  
Retirement Planning ◽  
Economic Outcomes ◽  
Sufficient Information ◽  
The Impact ◽  
Lack Of Knowledge

This paper provides an overview of a wide array of research investigating the effects of pension information on different individuals’ economic outcomes. While many studies show that information provision increases knowledge, the evidence is mixed regarding its effects on behavior. Nevertheless, we draw some conclusions about the impact of pension information on three major economic outcomes, namely, retirement planning, choices pertaining individuals’ labor supply, and savings decisions. We also highlight that the lack of knowledge prevalently hits the most vulnerable individuals in the society, such as women. As a consequence, not providing sufficient information could contribute to widening the gender gap in pensions.

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