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elicited through a Discrete Choice Experiment performed in 2008 in Switzerland. Attributes are redistribution as GDP share, its …
Persistent link: https://www.econbiz.de/10008511616
This paper argues that the consumption value of education is an important motivation for the educational choice. While controlling for ability, we document that individuals are willing to forego substantial future wage returns in order to acquire a particular type of higher education. We...
Persistent link: https://www.econbiz.de/10008533984
The consumption value of higher education is an important factor behind the individual’s educational choice. We provide a comprehensive literature survey, and define the consumption value as the private, intended, non-pecuniary return to higher education. We provide new empirical evidence for...
Persistent link: https://www.econbiz.de/10008534058
I derive values of marginal changes in a public good for two-person households, measured alternatively by household member i’s willingness to pay (WTP) for the good on behalf of the household, WTPi(H), or by the sum of individual WTP values across family members, WTP(C). Households are assumed...
Persistent link: https://www.econbiz.de/10005181474
In the expected-utility theory of the monetary value of a statistical life, the so-called “dead-anyway” effect discovered by Pratt and Zeckhauser (1996) asserts that an individuals' willingness to pay (WTP) for small reductions in mortality risk increases with the initial level of risk....
Persistent link: https://www.econbiz.de/10005405707
This paper is an attempt to revisit the pioneering work of Riazuddin and Khan (2002). A complete business cycle has been elapsed (2002-2010) since their study, so there is need to review the results with additional information. This revisited attempt, based on a theoretically specified...
Persistent link: https://www.econbiz.de/10009321494
Bangladesh, Pakistan and Sri Lanka. Under the SAFTA agreement, many of the garment items were on India’s sensitive lists and did …
Persistent link: https://www.econbiz.de/10009321516
This paper investigates the role of credit market frictions in the transmission of monetary shocks in Pakistan. First …
Persistent link: https://www.econbiz.de/10009493965
Standard errors (S.Es.) of month on month and year on year inflation in Pakistan are estimated based on data for the … applied to estimate S.Es. of 12-month average inflation in Pakistan for July 2003 to June 2010. The systematic changes in the … relative prices of different groups in the CPI basket for Pakistan are also estimated. [SBP No. 46]. URL …
Persistent link: https://www.econbiz.de/10009493966
data for Pakistan. Three methods have been used to assess the functional form and stability of the relationship between …
Persistent link: https://www.econbiz.de/10009493970