Similar Search Results

Recession Depression: Mental Health Effects of the 2008 Stock Market Crash

McInerney, Melissa; Mellor, Jennifer M.; Nicholas, … - CESifo - 2013

How do sudden, large wealth losses affect mental health? Most prior studies of the causal effects of material well … market accumulations may not inform this question if the effect of wealth on health is asymmetric. We use exogenous variation … in the interview dates of the 2008 Health and Retirement Study to assess the impact of large wealth losses on mental …

Persistent link: https://www.econbiz.de/10010877960

Consumption, Wealth, Stock and Housing Returns: Evidence from Emerging Markets

Caporale, Guglielmo Maria; Sousa, Ricardo M. - CESifo - 2011

consumption, aggregate wealth, and labour income should predict both stock returns and housing returns. We use quarterly data for … wealth held in the form of housing (i.e., when stock and housing assets are substitutes), then they will temporarily reduce …

Persistent link: https://www.econbiz.de/10009325810

Are Stock and Housing Returns Complements or Substitutes? Evidence from OECD Countries

Caporale, Guglielmo Maria; Sousa, Ricardo M. - CESifo - 2011

deviations from the common trend among consumption, aggregate wealth, and labour income, cay, and focus on the implications for …

Persistent link: https://www.econbiz.de/10009352230

Nineteenth Century Stature and Family Size: Binding Constraint or Productive Labor Force?

Carson, Scott A. - CESifo - 2010

The use of height data to measure living standards is now a well-established method in economics. Nevertheless, a neglected area in historical stature studies is the relationship between stature and family size, and statures are documented here to be positively related with family size. The...

Persistent link: https://www.econbiz.de/10008572560

A Quantile Approach to the Relationship between Body Mass, Wealth, and Inequality

Carson, Scott A. - CESifo - 2010

Little research exists on the historical relationship between BMI variation, wealth, and inequality. This study finds … BMIs and average state-level wealth, and an inverse relationship between BMI and wealth inequality. After controlling for … wealth and inequality, rural agricultural farmers had greater BMI values than their urban counterparts in other occupations. …

Persistent link: https://www.econbiz.de/10008833904

Tax Incentives and Business Investment: Evidence from German Bonus Depreciation

Eichfelder, Sebastian; Schneider, Kerstin - CESifo - 2014

In this paper, we use an exogenous variation in tax regulations to analyze the impact of bonus depreciation programs on business investment. To promote economic convergence of Eastern and Western Germany after reunification, bonus depreciation tax incentives were granted for investments in...

Persistent link: https://www.econbiz.de/10010775097

Risk-Taking-Neutral Background Risk

Franke, Guenter; Schlesinger, Harris; Stapleton, Richard C. - CESifo - 2013

We define a class of risk-taking-neutral (RTN) background risks. These background risks have the property that they will not alter decisions made with respect to another risk, for individuals with HARA utility. If we wish to compare a decision made with and without some exogenous background...

Persistent link: https://www.econbiz.de/10010877707

Do Mobile Pensioners Threaten the Deferred Taxation of Savings?

Meier, Volker; Wagener, Andreas - CESifo - 2011

We investigate optimal taxation of lifetime income with and without an emigration option during old age. The government sets the rates of deferred taxation and of possibly reduced taxation of interest. If agents are immobile, the optimal policy consists in full deferral of income taxes on...

Persistent link: https://www.econbiz.de/10009351472

Human Capital Formation and Tax Evasion

Goerke, Laszlo - CESifo - 2012

A strictly risk-averse individual with an exogenous gross income in period one can acquire human capital in the same period and evade taxes. Period-two income rises with educational investments in period one and can also be hidden from tax authorities. It is shown that a greater tax...

Persistent link: https://www.econbiz.de/10009645647

Taxes and Pensions

Diamond, Peter A. - CESifo - 2009

Pension benefit rules depend on individual history far more than taxes do, and age plays a much larger role in pension determination than in tax determination. Apart from some simulation studies, theoretical studies of optimal tax design typically contain neither a mandatory pension system nor...

Persistent link: https://www.econbiz.de/10005000379