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Does Economic Uncertainty Affect the Decision to Bear Children? Evidence from East and West Germany

Bhaumik, Sumon Kumar; Nugent, Jeffrey B. - Institute for the Study of Labor (IZA) - 2005

Although economic agents routinely face various types of economic uncertainty, their effects are often unclear and hard … to assess, in part due to the absence of suitable measures of uncertainty. Because of the numerous and very substantial … their periods of uncertainty, moreover, these countries have experienced sharply falling fertility rates. Some have argued …

Persistent link: https://www.econbiz.de/10005822407

Interpersonal Comparisons of Utility: An Algebraic Characterization of Projective Preorders and Some Welfare Consequences

Candeal, Juan Carlos; Induráin, Esteban; Molina, José … - Institute for the Study of Labor (IZA) - 2007

It is shown that any completely preordered topological real algebra admits a continuous utility representation which is an algebra-homomorphism (i.e., it is linear and multiplicative). As an application of this result, we provide an algebraic characterization of the projective (dictatorial)...

Persistent link: https://www.econbiz.de/10005822421

The Terms and Relations of Comparison, Referential, and Relative Processes

Jasso, Guillermina - Institute for the Study of Labor (IZA) - 2007

This paper develops the mathematical foundations of comparison, referential, and relative (CRR) processes. The key ingredients are: (1) three kinds of terms; and (2) two kinds of relations. Combining the three terms - absolute amount, relative amount, and relative rank - with the two kinds of...

Persistent link: https://www.econbiz.de/10005700875

Assessing the Impact of the Maternity Capital Policy in Russia Using a Dynamic Model of Fertility and Employment

Slonimczyk, Fabian; Yurko, Anna - Institute for the Study of Labor (IZA) - 2013

With declining population and fertility rates below replacement levels, Russia is currently facing a demographic crisis. Starting in 2007, the federal government has pursued an ambitious pro-natalist policy. Women who give birth to at least two children are entitled to "maternity capital"...

Persistent link: https://www.econbiz.de/10010960107

Does It Pay for Women to Volunteer?

Sauer, Robert M. - Institute for the Study of Labor (IZA) - 2012

This paper estimates the economic and non-economic returns to volunteering for prime-aged women. A woman's decision to engage in unpaid work, and to marry and have children, is formulated as a forward-looking discrete choice dynamic programming problem. Simulated maximum likelihood estimates of...

Persistent link: https://www.econbiz.de/10011252286

On the Dynamics of Interstate Migration: Migration Costs and Self-Selection

Bayer, Christian; Juessen, Falko - Institute for the Study of Labor (IZA) - 2008

This paper develops a tractable dynamic microeconomic model of migration decisions that is aggregated to describe the behavior of interregional migration. Our structural approach allows us to deal with dynamic self-selection problems that arise from the endogeneity of location choice and the...

Persistent link: https://www.econbiz.de/10005703095

Taking the Easy Way Out: How the GED Testing Program Induces Students to Drop Out

Heckman, James J.; LaFontaine, Paul A.; Rodríguez, Pedro L. - Institute for the Study of Labor (IZA) - 2008

We exploit an exogenous increase in General Educational Development (GED) testing requirements to determine whether raising the difficulty of the test causes students to finish high school rather than drop out and GED certify. We find that a six point decrease in GED pass rates induces a 1.3...

Persistent link: https://www.econbiz.de/10005703150

Assessing the Performance of Matching Algorithms When Selection into Treatment Is Strong

Augurzky, Boris; Kluve, Jochen - Institute for the Study of Labor (IZA) - 2004

This paper investigates the method of matching regarding two crucial implementation choices, the distance measure and the type of algorithm. We implement optimal full matching – a fully efficient algorithm – and present a framework for statistical inference. The implementation uses data from...

Persistent link: https://www.econbiz.de/10005703588

Optimal Unemployment Insurance for Older Workers

Hairault, Jean-Olivier; Langot, François; Ménard, … - Institute for the Study of Labor (IZA) - 2009

This paper shows that optimal unemployment insurance contracts are age-dependent. Older workers have only a few years left on the labor market prior to retirement. This short horizon implies a more digressive replacement ratio. However, there is a sufficiently short distance to retirement for...

Persistent link: https://www.econbiz.de/10005822369

A Life-Cycle Model of Outmigration and Economic Assimilation of Immigrants in Germany

Bellemare, Charles - Institute for the Study of Labor (IZA) - 2004

features of existing life-cycle theories of outmigration but distinguishes itself by introducing uncertainty in about future …

Persistent link: https://www.econbiz.de/10005822876

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