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Income Receipt and Mortality: Evidence from Swedish Public Sector Employees
Andersson, Elvira; Lundborg, Petter; Vikström, Johan - Institute for the Study of Labor (IZA) - 2014
In this paper, we study the short-run effect of salary receipt on mortality among Swedish public sector employees. By exploiting variation in pay-days across work-places, we completely control for mortality patterns related to, for example, public holidays and other special days or events...
Persistent link: https://www.econbiz.de/10010886134
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Partial Insurance and Investments in Children
Carneiro, Pedro; Ginja, Rita - Institute for the Study of Labor (IZA) - 2015
This paper studies the impact of permanent and transitory shocks to income on parental investments in children. We use panel data on family income, and an index of investments in children in time and goods, from the Children of the National Longitudinal Survey of Youth. Consistent with the...
Persistent link: https://www.econbiz.de/10011265290
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Longevity, Life-Cycle Behavior and Pension Reform
Haan, Peter; Prowse, Victoria L. - Institute for the Study of Labor (IZA) - 2011
, retirement and consumption decisions of forward-looking individuals depend, inter alia, on life expectancy and the design of the …
Persistent link: https://www.econbiz.de/10009216747
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Decomposing Changes in Income Risk Using Consumption Data
Blundell, Richard; Low, Hamish; Preston, Ian - Institute for the Study of Labor (IZA) - 2011
stochastic simulation of consumption choices in a nonstationarity environment is used to show the robustness of the method for …
Persistent link: https://www.econbiz.de/10009371904
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Heterogeneous Life-Cycle Profiles, Income Risk and Consumption Inequality
Primiceri, Giorgio; van Rens, Thijs - Institute for the Study of Labor (IZA) - 2007
transitory shocks? The implications for consumption and welfare depend crucially on the answer to this question. We use CEX … repeated cross-section data on consumption and income to decompose idiosyncratic changes in income into predictable lifecycle … evolution of consumption and income inequality well and delivers two main results. First, we find that permanent changes in …
Persistent link: https://www.econbiz.de/10005703321
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The Response of Consumption in Russian Households to Economic Shocks
Stillman, Steven - Institute for the Study of Labor (IZA) - 2001
This paper examines the extent to which consumption in Russian households responds to exogenous income shocks. During … wealth households. Only models of consumption which include precautionary savings motives can explain why poorer households … both reduce their consumption and increase their savings in response to an exogenous decline in income. …
Persistent link: https://www.econbiz.de/10005566824
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Loss Aversion in the Laboratory
Morrison, William G.; Oxoby, Robert J. - Institute for the Study of Labor (IZA) - 2014
We report the results of a laboratory experiment testing for the existence of loss aversion in a standard risk aversion protocol (Holt and Laury, 2002). In our experiment, participants earn and retain money for a week before using it in an incentivized risk preference elicitation task. We find...
Persistent link: https://www.econbiz.de/10010884160
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Procrastination, Academic Success and the Effectiveness of a Remedial Program
De Paola, Maria; Scoppa, Vincenzo - Institute for the Study of Labor (IZA) - 2014
Procrastination produces harmful effects for human capital investments and studying activities. Using data from a large sample of Italian undergraduates, we measure procrastination with the actual behaviour of students, considering the delay in finalizing their university enrolment procedure. We...
Persistent link: https://www.econbiz.de/10010884189
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Evidence on Individual Preferences for Longevity Risk
Delprat, Gaëtan; Leroux, Marie-Louise; Michaud, Pierre-Carl - Institute for the Study of Labor (IZA) - 2013
The standard model of intertemporal choice assumes risk neutrality toward the length of life: due to additivity, agents are not sensitive to a mean preserving spread in the length of life. Using a survey fielded in the RAND American Life Panel (ALP), this paper provides empirical evidence on...
Persistent link: https://www.econbiz.de/10010884266
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The Superstar Quest: Does Youth Talent Predict Professional Success for Female and Male Tennis Players?
Grove, Wayne A.; Jetter, Michael - Institute for the Study of Labor (IZA) - 2014
We estimate the relationship between international youth and professional tennis rankings. We find no difference between the predictiveness of rankings from age 14 & Under versus age 16 & Under competitions. The most persistent predictor of professional success is beating older top ranked...
Persistent link: https://www.econbiz.de/10010884294