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Compulsory Schooling Reforms, Education and Mortality in Twentieth Century Europe
Gathmann, Christina; Jürges, Hendrik; Reinhold, Steffen - CESifo - 2012
example, report contradictory effects of education and compulsory schooling on mortality - ranging from zero to large … mortality reductions. Using data from 19 compulsory schooling reforms implemented in Europe during the twentieth century, we … quantify the mean mortality effect and explore its dispersion across gender, time and countries. We find that men benefit from …
Persistent link: https://www.econbiz.de/10009653371
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On the Policy Implications of Changing Longevity
Pestieau, Pierre; Ponthiere, Grégory - CESifo - 2012
Our societies are witnessing a steady increase in longevity. This demographic evolution is accompanied by some convergence across countries, whereas substantial longevity inequalities persist within nations. The goal of this paper is to survey some crucial implications of changing longevity on...
Persistent link: https://www.econbiz.de/10010693471
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The Effect of Compulsory Schooling on Health - Evidence from Biomarkers
Jürges, Hendrik; Kruk, Eberhard; Reinhold, Steffen - CESifo - 2010
Using data from the Health Survey for England and the English Longitudinal Study on Ageing, we estimate the causal … effect of schooling on health. Identification comes from two nation wide increases in British compulsory school leaving age … exogenous variation in schooling by using biomarkers as measures of health outcomes in addition to self-reported measures. We …
Persistent link: https://www.econbiz.de/10008596598
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Effects of Prenatal and Early Life Malnutrition: Evidence from the Greek Famine
Neelsen, Sven; Stratmann, Thomas - CESifo - 2010
This paper examines the long run education and labor market effects from early-life exposure to the Greek 1941-42 famine. Given the short duration of the famine, we can separately identify the famine effects for cohorts exposed in utero, during infancy and at one year of age. We find that...
Persistent link: https://www.econbiz.de/10008583697
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The Cost of Binge Drinking
Francesconi, Marco; James, Jonathan - CESifo - 2015
We estimate the effect of binge drinking on accident and emergency attendances, road accidents, arrests, and the number of police officers on duty using a variety of unique data from Britain and a two-sample minimum distance estimation procedure. Our estimates, which reveal sizeable effects of...
Persistent link: https://www.econbiz.de/10011167139
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The Great Mortgaging: Housing Finance, Crises, and Business Cycles
Jordà, Òscar; Schularick, Moritz; Taylor, Alan M. - CESifo - 2014
This paper unveils a new resource for macroeconomic research: a long-run dataset covering disaggregated bank credit for 17 advanced economies since 1870. The new data show that the share of mortgages on banks’ balance sheets doubled in the course of the 20th century, driven by a sharp rise of...
Persistent link: https://www.econbiz.de/10010948836
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Estimating Fluctuations in Oil and Gas Investment
Dahl, Roy Endré; Osmundsen, Petter - CESifo - 2014
Governments in extraction countries are anxious to estimate expected investment in development projects, since they represent an essential element of the macro economy. The overall level of activity is also crucial to oil companies, since the macro picture affects cost levels, the supplies...
Persistent link: https://www.econbiz.de/10010948869
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The Impact of the Global Financial Crisis on Business Cycles in Asian Emerging Economies
Fidrmuc, Jarko; Korhonen, Iikka - CESifo - 2009
We analyze the transmission of global financial crisis to business cycles in China and India. The pattern of business cycles in emerging Asian economies generally displays a low degree of synchronization with the OECD countries, which is consistent with the decoupling hypothesis. By contrast,...
Persistent link: https://www.econbiz.de/10005013072
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Booms, Recessions and Financial Turmoil: A Fresh Look at Investment Decisions under Cyclical Uncertainty
Chen, Yu-Fu; Funke, Michael - CESifo - 2009
The paper studies the interaction between cyclical uncertainty and investment in a stochastic real option framework where demand shifts stochastically between three different states, each with different rates of drift and volatility. In our setting the shifts are governed by a three-state Markov...
Persistent link: https://www.econbiz.de/10005013955
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Consumption, Wealth and Business Cycles in Germany
Hamburg, Britta; Hoffmann, Mathias; Keller, Joachim - CESifo - 2005
This paper studies the long-run relationship between consumption, asset wealth and income in Germany, based on data from 1980 to 2003. While earlier studies — mostly for the Anglo-Saxon economies — have generally documented that departures of these three variables from their common trend...
Persistent link: https://www.econbiz.de/10005765943