BEGIN:VCALENDAR
VERSION:2.0
PRODID:-//CREST - ECPv5.1.3//NONSGML v1.0//EN
CALSCALE:GREGORIAN
METHOD:PUBLISH
X-WR-CALNAME:CREST
X-ORIGINAL-URL:https://crest.science
X-WR-CALDESC:Events for CREST
BEGIN:VTIMEZONE
TZID:Europe/Helsinki
BEGIN:DAYLIGHT
TZOFFSETFROM:+0200
TZOFFSETTO:+0300
TZNAME:EEST
DTSTART:20250330T010000
END:DAYLIGHT
BEGIN:STANDARD
TZOFFSETFROM:+0300
TZOFFSETTO:+0200
TZNAME:EET
DTSTART:20251026T010000
END:STANDARD
END:VTIMEZONE
BEGIN:VEVENT
DTSTART;TZID=Europe/Helsinki:20250513T121500
DTEND;TZID=Europe/Helsinki:20250513T133000
DTSTAMP:20260710T064226
CREATED:20250401T074153Z
LAST-MODIFIED:20250507T125728Z
UID:18013-1747138500-1747143000@crest.science
SUMMARY:Stefano CARIA (University of Warwick) - "Mitigating the Consequences of Job Loss: Experimental Evidence After a Tariff Shock"
DESCRIPTION:Applied Micro Seminar : Every Tuesday \nTime: 12:15 pm – 13:30 pm\nDate: 13th of May\nRoom : 3001 \n  \nStefano CARIA (University of Warwick) – “Mitigating the Consequences of Job Loss: Experimental Evidence After a Tariff Shock” joint work with Lukas Hensel\, Girum Abebe and Francois Gerard. \n  \nAbstract : “Job loss is an understudied risk for formal workers in low-income countries\, and it is unclear how to optimally insure workers against it. We provide evidence on the impacts of job loss among female factory workers in Ethiopia and on how these impacts can be mitigated. We leverage quasi-experimental variation in job loss\, experimental variation in job-loss support payments\, and high-frequency data spanning a period of 13 months after displacement. We find that job loss is a persistent shock that reduces employment and consumption spending for longer than one year\, and almost doubles the rate of poverty. An additional lump-sum payment encourages early spending and reduces both overall and manufacturing employment. In contrast\, providing an equivalent amount in monthly tranches — a payment modality preferred by a majority of workers — enables workers to better smooth consumption expenditures without negative employment effects. We show that workers have high willingness to pay for additional job-loss insurance\, but also heterogeneous preferences over the payment modality. This generates a key trade-off between workers’ private welfare and the government industrialization objectives: allowing workers to choose their preferred insurance product maximises their surplus\, but at the cost of reducing future manufacturing employment”. \n  \n  \nOrganizers:\nBenoît SCHMUTZ (Pôle économie du CREST)\nClément MALGOUYRES (Pôle économie du CREST) \nSponsors:\nCREST \n
URL:https://crest.science/event/https-warwick-ac-uk-fac-soc-economics-staff-ascaria/
CATEGORIES:Applied Seminar,Seminars
ATTACH;FMTTYPE=:
END:VEVENT
END:VCALENDAR