We investigate whether education induces individuals to have healthy lifestyle. To test for causality we instrument education by high school availability and birth order using data of Korean men; to account for correlations among health behaviors, we estimate a quadvariate probit model using...

This paper reviews six approaches to binary response (y₁) structural forms with an endogenous regressor y₂: (i) the two-stage least squares estimator-like substitution approach, (ii) the control function approach, (iii) the system reduced-form approach, (iv) the artificial instrumental regressor...

I examine motives behind interhousehold upstream transfers using a sample of child-parent pairs in South Korea. The estimation results indicate that upstream transfers in Korea cannot be explained by just one motive. I find evidence that altruism is the dominant motive at the margin if parental...

No abstract received.

This paper reviews the existing literature on impacts of pronatalist benefits on fertility in various countries, and estimates the impact of the Qualified Child Relief (QCR) on the total fertility rate (TFR) of Singapore. The studies surveyed in this paper generally find that pronatalist...

This paper tests whether interhousehold transfers from children to parents in developing countries are motivated by altruism or intended to be repayments of implicit parental loans taken up by children for human capital investment. For the test, a sample of child-parent pairs is constructed by...