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Euler equation estimation of intertemporal consumption models requires many, often unverifiable assumptions. These include assumptions on expectations and preferences. We aim at reducing some of these requirements by using direct subjective information on respondents' preferences and...
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Socioeconomic outcomes of parents and their children are more correlated for sons than for daughters. This paper presents empirical evidence from Denmark that these gender differences result from different transmission mechanisms by separating the effects of parental education and income.
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Household heads are defined in many micro data sets and are usually male. This paper illustrates potential consequences of the common practice of using only the household head’s characteristics in empirical research.
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