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Can Subjective Mortality Expectations and Stated Preferences Explain Varying Consumption and Saving Behaviors among the Elderly?
Salm, Martin - Institute for the Study of Labor (IZA) - 2006
This study investigates how subjective mortality expectations and heterogeneity in time and risk preferences affect the … cannot be explained by differences in preferences. In contrast, this study identifies a strong relationship between answers … to survey questions about time and risk preferences and consumption and saving behaviors. This paper uses data on …
Persistent link: https://www.econbiz.de/10005822956
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The Welfare Impact of Price Changes on Household Welfare and Inequality 1999-2010
Loughrey, Jason; O'Donoghue, Cathal - Institute for the Study of Labor (IZA) - 2011
This paper provides a single welfare measure to show the effects of consumer price changes upon households in Ireland … component using the Atkinson Social Welfare Function. The efficiency component includes the behavioural response to price … an inequality measure and this is combined with the Cost of Living Index to produce an overall welfare measure. This …
Persistent link: https://www.econbiz.de/10009024603
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Framing Effects in an Employee Savings Scheme: A Non-Parametric Analysis
Kooreman, Peter; Melenberg, Bertrand; Prast, Henriëtte M. - Institute for the Study of Labor (IZA) - 2013
Studies have found evidence that seemingly irrelevant details of an income component such as its label have an effect on how it is used. Using a data set with more than one million employee-month observations, we investigate the role of functional form assumptions and time aggregation in the...
Persistent link: https://www.econbiz.de/10010604672
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Mothers, Fathers and Children after Divorce: The Role of Institutions
Del Boca, Daniela - Institute for the Study of Labor (IZA) - 2002
-headed families among the poor has generated much interest in the relationship between divorce and the welfare of mothers and children … economic consequence of divorce on the welfare of fathers, mothers and children under alternative behavioral assumptions …. Important economic and econometric issues arise from an analysis of welfare in non intact households as compared with intact …
Persistent link: https://www.econbiz.de/10005233896
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The Incapacitation Effect of Incarceration: Evidence from Several Italian Collective Pardons
Barbarino, Alessandro; Mastrobuoni, Giovanni - Institute for the Study of Labor (IZA) - 2012
We estimate the "incapacitation effect" on crime using variation in Italian prison population driven by eight collective pardons passed between 1962 and 1995. The prison releases are sudden – within one day –, very large – up to 35 percent of the entire prison population – and happen...
Persistent link: https://www.econbiz.de/10009649824
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Incarceration and Crime: Evidence from California's Public Safety Realignment Reform
Lofstrom, Magnus; Raphael, Steven - Institute for the Study of Labor (IZA) - 2013
We evaluate the effect of perhaps the largest exogenous decline in a state's incarceration rate in U.S. history on local crime rates. We assess the effects of a recent reform in California that caused a sharp and permanent reduction in the state's incarceration rate. We exploit the large...
Persistent link: https://www.econbiz.de/10010726721
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The Evolution of Citizenship: Economic and Institutional Determinants
Bertocchi, Graziella; Strozzi, Chiara - Institute for the Study of Labor (IZA) - 2006
welfare burden proves not to be an obstacle for a jus soli legislation, while demographic stagnation encourages the adoption …
Persistent link: https://www.econbiz.de/10005763607
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Top‐Down vs. Bottom‐Up: The Long‐Term Impact of Government Ideology and Personal Experience on Values
Ziebarth, Nicolas R.; Wagner, Gert G. - Institute for the Study of Labor (IZA) - 2013
This paper studies the long‐term impact of societal socialization on values using the example of doping behavior in sports. We apply the German Reunification Approach to the microcosm of Berlin and exploit its 40‐year long division into a capitalist and a communist sector. We deliberately...
Persistent link: https://www.econbiz.de/10010632789
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The Age of Mass Migration: Economic and Institutional Determinants
Bertocchi, Graziella; Strozzi, Chiara - Institute for the Study of Labor (IZA) - 2006
We study the determinants of 19th century mass migration with special attention to the role of institutional factors beside standard economic fundamentals. We find that economic forces associated with income and demographic differentials had a major role in the determination of this historical...
Persistent link: https://www.econbiz.de/10005762361
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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