Zobrazeno 1 - 10
of 32
pro vyhledávání: '"Peter Ganong"'
Autor:
Peter Ganong, Pascal Noel
Publikováno v:
The Quarterly Journal of Economics. 138:1001-1065
There are three prevailing theories of mortgage default: strategic default (driven by negative equity), cash flow default (driven by negative life events), and double-trigger default (where both negative triggers are necessary). It has been difficult
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::e804d66a48a10d91eaba4d96732d4215
https://doi.org/10.1093/qje/qjac040
https://doi.org/10.1093/qje/qjac040
Publikováno v:
AEA Papers and Proceedings. 112:112-116
We model automatic trigger policies for unemployment insurance by simulating a weekly panel of individual labor market histories, grouped by state. We reach three conclusions: (i) policies designed to trigger immediately at the onset of a recession r
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::13dd4317981120240cfaf1ebd306f068
https://doi.org/10.1257/pandp.20221075
https://doi.org/10.1257/pandp.20221075
Autor:
Natalie Cox, Peter Ganong, Pascal Noel, Joseph Vavra, Arlene Wong, Diana Farrell, Fiona Greig, Erica Deadman
Publikováno v:
Brookings Papers on Economic Activity. 2020:35-82
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::34b3c3a49a4a7ce80224c6b9f698c95e
https://doi.org/10.1353/eca.2020.0006
https://doi.org/10.1353/eca.2020.0006
Publikováno v:
SSRN Electronic Journal.
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::514d3464e75c4b9e63c59f27c4cbf5a8
https://doi.org/10.2139/ssrn.4100569
https://doi.org/10.2139/ssrn.4100569
Autor:
Peter Ganong, Pascal Noel
Publikováno v:
American Economic Review. 109:2383-2424
Using de-identified bank account data, we show that spending drops sharply at the large and predictable decrease in income arising from the exhaustion of unemployment insurance (UI) benefits. We use the high-frequency response to a predictable income
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::d94a68846ab96af5efcffee3a47b987f
https://doi.org/10.1257/aer.20170537
https://doi.org/10.1257/aer.20170537
Publikováno v:
SSRN Electronic Journal.
In response to the COVID-19 pandemic, Congress expanded unemployment insurance (UI) benefits in three ways. First, it increased the level of benefits through a $600 and then a $300 per week supplement. Second, it expanded the pool of workers who are
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::178300642dc40896a15e4bc96885fc41
https://doi.org/10.2139/ssrn.3896667
https://doi.org/10.2139/ssrn.3896667
Autor:
Pascal Noel, Peter Ganong
There are two prevailing theories of borrower default: strategic default—when debt is too high relative to the value of the house—and adverse life events—such that the monthly payment is too high relative to available resources. It has been cha
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::2c5cd681e5aedaab7eaf61b1417d6d97
https://doi.org/10.3386/w27585
https://doi.org/10.3386/w27585
Autor:
Joseph Vavra, Arlene Wong, Peter Ganong, Fiona Greig, Natalie Bachas, Diana Farrell, Pascal Noel
We use U.S. household-level bank account data to investigate the heterogeneous effects of the pandemic on spending and savings. Households across the income distribution all cut spending from March to early April. Since mid April, spending has reboun
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::9efc8b24d0e20baf86f77f1100e4d5a4
https://doi.org/10.3386/w27617
https://doi.org/10.3386/w27617
We estimate the elasticity of consumption with respect to income using an instrument based on firm-wide changes in pay. While much of the consumption-smoothing literature uses variation in unusual windfall income, this instrument captures the tempora
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::0cf1949cfeb3cc82b8e8b70760c77379
https://doi.org/10.3386/w27552
https://doi.org/10.3386/w27552