Commuting
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Does Homeownership Make Workers More Resilient After Economic Shocks?
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During the Great Recession, workers around the globe unexpectedly lost their jobs due to large-scale layoffs and firm bankruptcies. The factors that led to their loss of employment were often unrelated to the individual. However, what happened afterward — whether they found new employment, what wage they accepted if they…
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Which Income Group Benefits from Commuting Subsidies? Lessons from Germany
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Most countries in the Organization for Economic Cooperation and Development (OECD) offer one form or another of tax breaks for commuting expenses. In countries like Germany and Denmark, the cost of commuting to and from one’s place of work is exempted from taxable income. In the United States, parking expenses are exempt…