| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP4599 |
| DP4599 Credible Commitment to Optimal Escape from a Liquidity Trap: The Role of the Balance Sheet of an Independent Central Bank | |
| Lars E.O. Svensson; Olivier Jeanne | |
| 发表日期 | 2004-09-23 |
| 出版年 | 2004 |
| 语种 | 英语 |
| 摘要 | Using a unique dataset, we present evidence on income trajectories of people living in micro neighbourhoods. We place bounds on the influence of neighbourhood making as few parametric assumptions as possible. The Paper offers a number of advances. We exploit a dataset that is large, representative, longitudinal with very local neighbourhoods. We analyse income growth over one, five- and ten-year windows. We analyse the whole distribution of income growth and track large gainers and losers as well as average outcomes. We consider the appropriate definition of neighbourhood. We find little evidence of a negative relationship between neighbourhood and subsequent income growth. |
| 主题 | Labour Economics ; Public Economics |
| 关键词 | Neighbourhood effects Income dynamics Small scale neighbourhoods |
| URL | https://cepr.org/publications/dp4599 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/533520 |
| 推荐引用方式 GB/T 7714 | Lars E.O. Svensson,Olivier Jeanne. DP4599 Credible Commitment to Optimal Escape from a Liquidity Trap: The Role of the Balance Sheet of an Independent Central Bank. 2004. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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