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Measuring income risk
Burgess, Simon; Gardiner, Karen; Jenkins, Stephen P.; … - London School of Economics (LSE) - 2000
British Household Survey. …
Persistent link: https://www.econbiz.de/10011126475
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Unmet aspirations as an explanation for the age u-shape in human wellbeing
Schwandt, Hannes - London School of Economics (LSE) - 2013
A large literature in behavioral and social sciences has found that human wellbeing follows a U-shape over age. Some theories have assumed that the U-shape is caused by unmet expectations that are felt painfully in midlife but beneficially abandoned and experienced with less regret during old...
Persistent link: https://www.econbiz.de/10010746117
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Peering into the mist: social learning over an opaque observation network
Barrdear, John - London School of Economics (LSE) - 2014
I present a model of social learning over an exogenous, directed network that may be readily nested within broader macroeconomic models with dispersed information and combines the attributes that agents (a) act repeatedly and simultaneously; (b) are Bayes-rational; and (c) have strategic...
Persistent link: https://www.econbiz.de/10011126293
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The more we know, the less we agree: public announcements and higher-order expectations
Kondor, Peter - London School of Economics (LSE) - 2004
The stylized fact that public announcements in financial markets are followed by intense trading, high trading volume and volatile prices, is widely perceived as the sign of increasing disagreement due to the announcement. However, it is common to argue that this would be inconsistent with...
Persistent link: https://www.econbiz.de/10011071459
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Anti-evasion auditing policy in the presence of common income shocks
Sanchez-Villalba, Miguel - London School of Economics (LSE) - 2006
When fairly homogeneous taxpayers are affected by common income shocks, a tax agency’s optimal auditing strategy consists of auditing a low-income declarer with a probability that (weakly) increases with the other taxpayers’ declarations. Such policy generates a coordination game among...
Persistent link: https://www.econbiz.de/10010928739
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Is child work necessary?
Bhalotra, Sonia - London School of Economics (LSE) - 2000
large household survey for rural Pakistan, we estimate structural labour supply models for boys and girls in wage work …
Persistent link: https://www.econbiz.de/10010744915
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Taxes, cigarette consumption, and smoking intensity: reply
Adda, Jérôme; Cornaglia, Francesca - London School of Economics (LSE) - 2012
This paper shows that smoking intensity, i.e. the amount of nicotine extracted per cigarette smoked, responds to changes in excise taxes and tobacco prices. We exploit data covering the period 1988 to 2006 across many US states. Moreover, we provide new evidence on the importance of cotinine...
Persistent link: https://www.econbiz.de/10010745433
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Free to choose?: reform and demand response in the English National Health Service
Gaynor, Martin; Propper, Carol; Seiler, Stephan - London School of Economics (LSE) - 2012
The impacts of choice in public services are controversial. We exploit a reform in the English National Health Service to assess the impact of relaxing constraints on patient choice. We estimate a demand model to evaluate whether increased choice increased demand elasticity faced by hospitals...
Persistent link: https://www.econbiz.de/10010745562
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The part-time pay penalty
Manning, Alan; Petrongolo, Barbara - London School of Economics (LSE) - 2005
Women working part-time in the UK have hourly earnings that are on average 26 percent less than women working fulltime. Alan Manning and Barbara Petrongolo investigate what's behind this part-time pay penalty.
Persistent link: https://www.econbiz.de/10010745868
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What gives? Household consumption patterns and the ‘Big Trade Off’ with public consumption
Bastagli, Francesca; Hills, John - London School of Economics (LSE) - 2013
aggregate national accounts data to compare the composition of household consumption between otherwise similar countries with … ‘total potential consumption’ (the sum of public and household consumption and household saving) is similar to that in the UK … hotels, vehicle purchase, household furnishings, or clothing and footwear. But there are also items, such as education, where …
Persistent link: https://www.econbiz.de/10010746039