Showing 1 - 10 of 185
This paper develops the theoretical foundations and the testable implications of the various mechanisms that have been proposed as possible triggers for the demographic transition. Moreover, it examines the empirical validity of each of the theories and their significance for the understanding...
Persistent link: https://www.econbiz.de/10008854471
unwound. Juxtaposing these changes with large rises in income inequality suggests an important role for non-pecuniary factors …-2006. While there has been no increase in aggregate happiness, inequality in happiness has fallen substantially since the 1970s … eroded, and the gender happiness gap has disappeared entirely. Paralleling changes in the income distribution, differences in …
Persistent link: https://www.econbiz.de/10005136431
This paper proposes a rule to determine the winner of a soccer match which is different from the traditional penalty shoot-outs at the end of extra time. We show that games can be more attractive if penalties are shot before extra time and the outcome counts only if the tie is preserved during...
Persistent link: https://www.econbiz.de/10005662167
We model the brain as a multi-agent organization. Based on recent neuroscience evidence, we assume that different systems of the brain have different time-horizons and different access to information. Introducing asymmetric information as a restriction on optimal choices generates endogenous...
Persistent link: https://www.econbiz.de/10005662301
Building on evidence from neurobiology and neuroscience, we model the physiological limitations faced by individuals in the process of decision-making that starts with sensory perception and ends in action selection. The brain sets a neuronal threshold, observes whether the neuronal cell firing...
Persistent link: https://www.econbiz.de/10005656356
This paper studies the impact of permanent and transitory shocks to income on parental investments in children. We use … panel data on family income, and an index of investments in children in time and goods, from the Children of the National … partial insurance of parental investments against permanent income shocks, but the magnitude of the estimated responses is …
Persistent link: https://www.econbiz.de/10011266538
This paper models, for the first time, the relationship between gender quotas and the quality of elected public officials. In our economy, females and males can be either high or low-skill. The number of high-skill individuals elected for public office determines the overall quality of...
Persistent link: https://www.econbiz.de/10008554239
1970 - the income gap between the US and the sending country, the education gap between the US and the sending country, the …
Persistent link: https://www.econbiz.de/10004972165
We use unique retrospective family background data from the 2003 wave of the British Household Panel Survey to explore the degree to which family size and birth order affect a child’s subsequent educational attainment. Theory suggests a trade off between child quantity and ‘quality’....
Persistent link: https://www.econbiz.de/10005123771
We propose a new methodology for measuring intergenerational mobility in economic wellbeing. Our method is based on the joint distribution of surnames and economic outcomes. It circumvents the need for intergenerational panel data, a long-standing stumbling block for understanding mobility. A...
Persistent link: https://www.econbiz.de/10005124146