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that this provides information on parental altruism which, though commonly assumed, has been challenged in recent research …. The main finding is that the within-household allocation of resources is consistent with altruism. A further finding is … that households that smoke (spend on tobacco) systematically spend less on children. …
Persistent link: https://www.econbiz.de/10005022150
Despite the resultant disutility, some people, in particular, the poor, are engaged in behaviors that carry social stigma. Empirical studies on stigmatized behavior are rare, largely due to the formidable challenges of collecting data on stigmatized goods and services. In this paper, we add to...
Persistent link: https://www.econbiz.de/10011816718
Persistent link: https://www.econbiz.de/10012993518
COVID-19 has been a tragedy for California. More than 4 million Californians have contracted the disease, and over 64,000 have died from it. And beyond the cost of illness and death, the pandemic and the state’s actions to contain it have devastated California’s economy. Low-income and...
Persistent link: https://www.econbiz.de/10013309526
The link between household poverty and child labor is much stronger in Pakistan than in Peru. Providing good schools in South Asia could help reduce child labor. The link between child labor and adult labor markets varies with gender. Using data from Peruvian and Pakistani household surveys, Ray...
Persistent link: https://www.econbiz.de/10014180455
This paper examines how schools choose class size and how households sort in response to those choices. Focusing on the highly liberalized Chilean education market, we develop a model in which schools are heterogeneous in an underlying productivity parameter, class size is a component of school...
Persistent link: https://www.econbiz.de/10013316869
Persistent link: https://www.econbiz.de/10014308206
This paper investigates the U.S. housing price dynamics from the perspective of speculative trading, in addition to the macro-finance factors such as the stock market, household disposable income and nominal interest rate. It is found that among the speculative investors, fundamental traders...
Persistent link: https://www.econbiz.de/10011562011
Existing home sales' share of Canada's economic pie has been rising in recent years, and variation around this trend has resulted in outsized contributions to changes in real gross domestic product (GDP). In this context, we use a cointegration framework to estimate the level of resale activity...
Persistent link: https://www.econbiz.de/10012029829
This paper investigates the U.S. housing price dynamics from the perspective of speculative trading, in addition to the macro-finance factors such as the stock market, household disposable income and nominal interest rate. It is found that among the speculative investors, fundamental traders...
Persistent link: https://www.econbiz.de/10011509457