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  <title>EconStor Collection:</title>
  <link rel="alternate" href="https://hdl.handle.net/10419/185864" />
  <subtitle />
  <id>https://hdl.handle.net/10419/185864</id>
  <updated>2026-05-07T00:39:49Z</updated>
  <dc:date>2026-05-07T00:39:49Z</dc:date>
  <entry>
    <title>COVID-19 and (gender) inequality in income: The impact of discretionary policy measures in Austria</title>
    <link rel="alternate" href="https://hdl.handle.net/10419/259779" />
    <author>
      <name>Christl, Michael</name>
    </author>
    <author>
      <name>De Poli, Silvia</name>
    </author>
    <author>
      <name>Kucsera, Dénes</name>
    </author>
    <author>
      <name>Lorenz, Hanno</name>
    </author>
    <id>https://hdl.handle.net/10419/259779</id>
    <updated>2023-11-04T02:50:19Z</updated>
    <published>2022-01-01T00:00:00Z</published>
    <summary type="text">Title: COVID-19 and (gender) inequality in income: The impact of discretionary policy measures in Austria
Authors: Christl, Michael; De Poli, Silvia; Kucsera, Dénes; Lorenz, Hanno
Abstract: This paper analyzes the impact of the COVID-19 crisis on household income in Austria, using detailed administrative labor market data, in combination with micro-simulation techniques that enable specific labor market transitions to be modeled. We find that discretionary fiscal policy measures in Austria are key to counteracting the inequality- and poverty-enhancing effect of COVID-19. Additionally, we find that females tend to experience a greater loss in terms of market income. The Austrian tax-benefit system, however, reduces this gender differences. Disposable income has dropped by around 1% for both males and females. By comparison, males profit mainly from short-time work scheme, while females profit especially from other discretionary policy measures, such as the one-off payment for children.</summary>
    <dc:date>2022-01-01T00:00:00Z</dc:date>
  </entry>
  <entry>
    <title>Restricting the construction of second homes in tourist destinations: An effective intervention towards sustainability?</title>
    <link rel="alternate" href="https://hdl.handle.net/10419/259784" />
    <author>
      <name>Stricker, Luzius</name>
    </author>
    <id>https://hdl.handle.net/10419/259784</id>
    <updated>2023-11-19T02:23:14Z</updated>
    <published>2022-01-01T00:00:00Z</published>
    <summary type="text">Title: Restricting the construction of second homes in tourist destinations: An effective intervention towards sustainability?
Authors: Stricker, Luzius
Abstract: This study evaluates the impact of the second home restriction (Lex Weber) on construction investments in Switzerland. Different specifications and variations are defined, and the changes in investment behaviour are analysed. A first basic model considers the variation in investments through a discrete event study analysis, while a second model includes a continuous treatment variable to account for the different strong impacts of the law in various municipalities. In the second step, these two basic models are developed in a way that allows to include controls for the different cantonal legislation. The results show that with a delay of three years (due to the expiration of permits), the law had the desired impact on new construction investments. Additionally, the importance of the changes on different outcomes in the local economy and tourism industry are discussed.</summary>
    <dc:date>2022-01-01T00:00:00Z</dc:date>
  </entry>
  <entry>
    <title>The effects of COVID-19 vaccines on economic activity</title>
    <link rel="alternate" href="https://hdl.handle.net/10419/259778" />
    <author>
      <name>Deb, Pragyan</name>
    </author>
    <author>
      <name>Furceri, Davide</name>
    </author>
    <author>
      <name>Jiménez, Daniel</name>
    </author>
    <author>
      <name>Kothari, Siddharth</name>
    </author>
    <author>
      <name>Ostry, Jonathan David</name>
    </author>
    <author>
      <name>Tawk, Nour</name>
    </author>
    <id>https://hdl.handle.net/10419/259778</id>
    <updated>2023-11-26T02:43:06Z</updated>
    <published>2022-01-01T00:00:00Z</published>
    <summary type="text">Title: The effects of COVID-19 vaccines on economic activity
Authors: Deb, Pragyan; Furceri, Davide; Jiménez, Daniel; Kothari, Siddharth; Ostry, Jonathan David; Tawk, Nour
Abstract: This paper empirically examines the economic effects of COVID-19 vaccine rollouts using a cross-country daily database of vaccinations and high-frequency indicators of economic activity - nitrogen dioxide (NO2) emissions, carbon monoxide (CO) emissions, and Google mobility indices - for a sample of 46 countries over the period December 16, 2020 to June 20, 2021. Using surprises in vaccines administered, we find that an unexpected increase in vaccination per capita is associated with a significant increase in economic activity. We also find evidence for nonlinear effects of vaccines, with the marginal economic benefits being larger when vaccination rates are higher. Country-specific conditions play an important role, with lower economic gains if strict containment measures are in place or if the country is experiencing a severe outbreak. Finally, the results provide evidence of spillovers across borders, highlighting the importance of equitable access to vaccines across nations.</summary>
    <dc:date>2022-01-01T00:00:00Z</dc:date>
  </entry>
  <entry>
    <title>Examining the vintage effect in hedonic pricing using spatially varying coefficients models: A case study of single-family houses in the Canton of Zurich</title>
    <link rel="alternate" href="https://hdl.handle.net/10419/259777" />
    <author>
      <name>Dambon, Jakob A.</name>
    </author>
    <author>
      <name>Fahrländer, Stefan Sebastian</name>
    </author>
    <author>
      <name>Karlen, Saira</name>
    </author>
    <author>
      <name>Lehner, Manuel</name>
    </author>
    <author>
      <name>Schlesinger, Jaron</name>
    </author>
    <author>
      <name>Sigrist, Fabio Roman Albert</name>
    </author>
    <author>
      <name>Zimmermann, Anna</name>
    </author>
    <id>https://hdl.handle.net/10419/259777</id>
    <updated>2023-12-04T02:31:09Z</updated>
    <published>2022-01-01T00:00:00Z</published>
    <summary type="text">Title: Examining the vintage effect in hedonic pricing using spatially varying coefficients models: A case study of single-family houses in the Canton of Zurich
Authors: Dambon, Jakob A.; Fahrländer, Stefan Sebastian; Karlen, Saira; Lehner, Manuel; Schlesinger, Jaron; Sigrist, Fabio Roman Albert; Zimmermann, Anna
Abstract: This article examines the spatially varying effect of age on single-family house (SFH) prices. Age has been shown to be a key driver for house depreciation and is usually associated with a negative price effect. In practice, however, there exist deviations from this behavior which are referred to as vintage effects. We estimate a spatially varying coefficients (SVC) model to investigate the spatial structures of vintage effects on SFH pricing. For SFHs in the Canton of Zurich, Switzerland, we find substantial spatial variation in the age effect. In particular, we find a local, strong vintage effect primarily in urban areas compared to pure depreciative age effects in rural locations. Using cross validation, we assess the potential improvement in predictive performance by incorporating spatially varying vintage effects in hedonic models. We find a substantial improvement in out-of-sample predictive performance of SVC models over classical spatial hedonic models.</summary>
    <dc:date>2022-01-01T00:00:00Z</dc:date>
  </entry>
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