Showing 1 - 10 of 221
We semiparametrically estimate the impact of the Mexican conditional cash transfer program Oportunidades on the time mothers and older sisters spend taking care of children aged under 3, using the randomization of the program placement and the methodology in Lewbel (2000). Results support the...
Persistent link: https://www.econbiz.de/10005067627
This Paper presents a dynamic theory of housing market fluctuations. It develops a life-cycle model where households are heterogeneous with respect to income and preferences, and mortgage lending is restricted by a down-payment requirement. The market interaction of young credit-constrained...
Persistent link: https://www.econbiz.de/10005498172
Housing transactions by owner-occupiers take two steps, purchase of a new property and sale of the old housing unit. This paper shows how the transaction sequence decision of owner-occupiers depends on, and in turn, affects housing market conditions in an equilibrium search-and-matching model of...
Persistent link: https://www.econbiz.de/10011145449
Using data on house sales and inventories of unsold houses, this paper shows that changes in sales volume are largely explained by changes in the frequency at which houses are put up for sale rather than changes in the length of time taken to sell them. Thus the decision to move house is key to...
Persistent link: https://www.econbiz.de/10011145462
This paper provides a method to single out customer-based discrimination in the housing market. We build a matching model with ethnic externalities where landlords differ in the number of housing units they own within the same building. Multiple-dwelling landlords discriminate more often than...
Persistent link: https://www.econbiz.de/10011083618
Housing transactions by existing homeowners take two steps, a purchase of a new property and sale of the old housing unit. These two decisions are not independent, and their sequence may depend on the state of the housing market. This paper shows how the sequence of buyer-seller decisions...
Persistent link: https://www.econbiz.de/10011083698
In the U.S., 15 percent of households move in a given year. This result is based on data from the Panel Study of Income Dynamics on gross flows within and between the two segments of the housing market - renter-occupied properties and owner-occupied properties. The gross flows between these two...
Persistent link: https://www.econbiz.de/10011083733
life-cycle model with endogenous fertility, intergenerational transfers and human capital accumulation, we show a … macroeconomic and a microeconomic channel through which restrictions in fertility raise aggregate saving. The macro-channel operates …
Persistent link: https://www.econbiz.de/10011083661
Medical research indicates that breastfeeding suppresses post-natal fertility. We model the implications for … with birth order, since mothers near or beyond their desired total fertility are more likely to make use of the …
Persistent link: https://www.econbiz.de/10005016242
Conventional wisdom suggests that in developed countries income and fertility are negatively correlated. We present new … evidence that between 2001 and 2009 the cross-sectional relationship between fertility and women's education in the U.S. is U … explaining the positive correlation between fertility and female labor supply along the educational gradient. In our model …
Persistent link: https://www.econbiz.de/10009321836