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United but (Un)Equal: Human Capital, Probability of Divorce and the Marriage Contract

Cremer, Helmuth; Pestieau, Pierre; Roeder, Kerstin - CESifo - 2012

This paper studies how the risk of divorce affects the human capital decisions of a young couple. We consider a setting … where complete specialization (one of the spouses uses up all the education resources) is optimal with no divorce risk … symmetric allocation will become more attractive as the probability of divorce increases, if risk aversion is high and/or labor …

Persistent link: https://www.econbiz.de/10010598510

Unequal Bequests

Francesconi, Marco; Pollak, Robert A.; Tabasso, Domenico - CESifo - 2015

Using data from the Health and Retirement Study (HRS), we make two contributions to the literature on end-of-life transfers. First, we show that unequal bequests are much more common than generally recognized, with one-third of parents with wills planning to divide their estates unequally among...

Persistent link: https://www.econbiz.de/10011165504

Agency in Family Policy: A Survey

Cigno, Alessandro - CESifo - 2009

of the word, the government’s agents. They are agents also in the sense of Principal-Agent theory if the parental action …

Persistent link: https://www.econbiz.de/10004979405

Household Relational Contracts for Marriage, Fertility and Divorce

Fahn, Matthias; Rees, Ray - CESifo - 2011

the legal costs of divorce, on the interrelationships among the decisions on marriage, fertility and divorce. …This paper applies the theory of relational contracts to a model in which a couple decides whether to marry or cohabit …

Persistent link: https://www.econbiz.de/10009371343

The Economics of International Differences in Educational Achievement

Hanushek, Eric A.; Woessmann, Ludger - CESifo - 2010

An emerging economic literature over the past decade has made use of international tests of educational achievement to analyze the determinants and impacts of cognitive skills. The cross-country comparative approach provides a number of unique advantages over national studies: It can exploit...

Persistent link: https://www.econbiz.de/10008583660

Integration, Mobility, and Human Capital Formation

Haupt, Alexander; Uebelmesser, Silke - CESifo - 2010

In this note, we show that labour market integration can be a double-edged sword. In the presence of local human capital externalities, integration and the ensuing agglomeration of skilled labour can cause a decline in human capital and the total wage sum (net of education costs). In particular,...

Persistent link: https://www.econbiz.de/10008671737

Bohemians, Human Capital, and Regional Economic Growth

Falck, Oliver; Fritsch, Michael; Heblich, Stephan - CESifo - 2009

An emerging literature on the geography of bohemians argues that a region’s lifestyle and cultural amenities explain, at least partly, the unequal distribution of highly qualified people across space, which in turn, explains geographic disparities in economic growth. However, to date, there...

Persistent link: https://www.econbiz.de/10005013060

Substitution Between Individual and Source Country Characteristics: Social Capital, Culture, and US Labor Market Outcomes Among Immigrant Women

Blau, Francine D.; Kahn, Lawrence - CESifo - 2015

Using the New Immigrant Survey, we investigate the impact of immigrant women’s own labor supply prior to migrating and female labor supply in their source country on their labor supply and wages in the US. Women migrating from higher female labor supply countries work more in the US. Most of...

Persistent link: https://www.econbiz.de/10011257675

Repeated Selection with Heterogenous Individuals and Relative Age Effects

Dawid, Herbert; Mühlheusser, Gerd - CESifo - 2012

In contexts such as education and sports, skill-accumulation of individuals over time crucially depends on the amount of training they receive, which is often allocated on the basis of repeated selection. We analyze optimal selection policies in a model of endogenous skill formation where, apart...

Persistent link: https://www.econbiz.de/10010542014

Work and Wage Dynamics around Childbirth

Ejrnæs, Mette; Kunze, Astrid - CESifo - 2012

This study investigates how the first childbirth affects the wage processes of highly attached women. We estimate a flexible fixed effects wage regression model extended with post-birth fixed effects by the control function approach. Register data on West Germany are used and we exploit the...

Persistent link: https://www.econbiz.de/10009645655