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Working on It

Working on It
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Matthew Kahn Joseph Tracy , Leonid Kogan , Rosen Roback , Sergio Salgado , Matthew Denes , Fonseca Pierluca Pannella , Spyridon Lagaras Margarita Tsoutsoura , Washington University In St , Carnegie Mellon University Working Paper , George Mason University Working Paper , Security Administration , Working Paper , Social Security Administration , Mason University Working Paper , Spyridon Lagaras , Margarita Tsoutsoura , Louis Working Paper , Urban Economics , Pierluca Pannella , Mellon University Working Paper , Hand Machine Labor Study ,

Labor Share

Labor Share
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United States , Oren Reshef Luofeng Zhou , Rachel Inafuku , David Card , Jesse Rothstein Moises Yi , Charly Porcher Esteban Rossi Hansberg , Xiang Hui , Ferdinando Monte , Mallory Compton Andrew Philips , Washington University In St , Health Economics , Organization Science , Us Cooperative Congressional Election Study , Jesse Rothstein , Longitudinal Employer Household Dynamics , Congressional Election Study , Oren Reshef , Louis Working Paper , Artificial Intelligence , Charly Porcher , Esteban Rossi Hansberg ,

Domestic Disputes

Domestic Disputes
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United States , Tiananmen Square , Stephanie Dornschneider Elkink Nick Henderson , Ruilin Lai , Han Kangwook , Alexander Kemnitz Martin Roessler , Haohan Chen , Zifeng Wang Enze Han , Washington University In St , Conflict Resolution , Political Studies , World War , Political Economy , Louis Working Paper , Response Tracker , Zifeng Wang ,

The effect of China's two-child policy on household savings

China’s high household savings rate remains a puzzle, with potential explanations including demographic, policy, and financial causes. This column investigates China’s savings rate using individual income and spending transactions linked to demographic characteristics and financial information on loan applications and credit availability. The authors match bank customers to ....

United States , Inner Mongolia , Nei Mongol , Federal Reserve Bank , International Finance Discussion Papers , Enterprises Reform , International Capital , Health Insurance , China New Cooperative Medical Scheme , Journal Of Development Economics , One Child Policy , New Cooperative Medical , Comparative Economics , Two Child Policy , Capital Flows , Safe Assets , Federal Reserve System , Household Savings , Housing Market , Working Paper , Po Gourinchas , Equilibrium Model , Global Imbalance , Low Interest , American Economic Review , Development Economics ,

Central bank digital currencies risk becoming a gigantic flop

Itai Agur, Anil Ari, Giovanni Dell Ariccia
The discussion about central bank digital currency (CBDC) has gained an impressive momentum. Auer et al. (2020) report that many central banks have published retail or wholesale CBDC work and that in speeches of central bank governors and board members about CBDC there have now been more speeches with a positive than a negative stance. The ECB has recently published a comprehensive report on ‘a digital euro’ (ECB 2020).
These activities have led to a growing literature, with a focus on the macroeconomic dimensions of CBDCs. Key topics are the effects of CBDCs on commercial banks, especially the risk of disintermediation, and on monetary policy and financial stability (Carapella and Flemming 2020, Brunnermeier and Niepelt 2019, Fernández-Villaverde et al. 2020, Andolfatto 2018). ....

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