Nuria Boot has successfully defended her dissertation "Essays on Common Ownership and Financial Benchmark Rates" supervised by Prof. Dr. Jo Seldeslachts at KU Leuven. Congratulations!
We show that in a New Keynesian model with household heterogeneity, fiscal policy can be a perfect substitute for monetary policy: three simple conditions for consumption taxes, labor taxes, and the government debt level are sufficient to induce the same consumption and labor supply of each household and, thus, the same allocation as interest rate policies. When monetary policy is constrained by a ...
Based on panel data from 1997 to 2018, we investigate the socioeconomic preconditions and economic consequences of ‘shared parenting (SP)’ forms in Germany. Referring to the post-separation year, we build SP groups from information on child residence and fathers’ childcare hours during a regular weekday. We explore the short-term gender and SP group associations with economic well-being as well as, ...
The pharmaceutical industry makes a significant contribution to global health and economic welfare through the development and production of innovative medical treatments. This dissertation consists of four essays which advance our understanding of the pharmaceutical industry and how to effectively regulate this sector. Each chapter aims to provide new insights, which are relevant for policymakers, ...
Amid concerns of long-term economic consequences of divorce, cross-sectional research illustrated that ever-divorce men but particularly women hold less per capita wealth than continuously married spouses in older age. Using a longitudinal approach and unique personal-level wealth data from the German Socio-Economic Panel Study, the present study aims to understand how divorce stratifies men’s and ...
The income gradient in political participation is a widely accepted stylized fact. This article asks how income effects on political involvement unfold over time. Using nine panel datasets from six countries, it analyzes whether income changes have short-term effects on political involvement, whether effects vary across the life-cycle, and whether parental income has an independent influence. Irrespective ...