Showing 1 - 10 of 17
provinces. We examine monthly data on employment, wages, and hours across 8 industries and 10 provinces over the 1961- 1975 … period. We find that employment actually rose after the introduction of NHI; wages increased as well, while average hours …
Persistent link: https://www.econbiz.de/10012474351
One of the most important behavioral parameters in macroeconomics is the elasticity of intertemporal substitution (EIS …
Persistent link: https://www.econbiz.de/10012466726
therefore the elasticity of labor force participation with respect to benefits generosity. Unfortunately, this parameter has … elasticity of labor force non-participation with respect to DI benefits of 0.25 to 0.32. Despite this large labor supply response …
Persistent link: https://www.econbiz.de/10012472962
A standard model of addictive process is Becker and Murphy's rational addiction' model, which has the key empirical prediction that the current consumption of addictive goods should respond to future prices, and the key normative prediction that the optimal government regulation of addictive...
Persistent link: https://www.econbiz.de/10012471269
This paper focuses on Social Security benefit claiming behavior, a take-up decision that has been ignored in the previous literature. Using financial calculations and simulations based on an expected utility maximization model, we show that delaying benefit claim for a period of time after...
Persistent link: https://www.econbiz.de/10012471466
The effect of vouchers on sorting between private and public schools depends upon the price elasticity of demand for … private schooling. Estimating this elasticity is empirically challenging because prices and quantities are jointly determined … an elasticity of Catholic school attendance with respect to tuition costs of -0.19. Our subgroup results suggest that a …
Persistent link: https://www.econbiz.de/10012463188
Regular church attendance is strongly associated with a higher probability of voting. It is an open question as to whether this association, which has been confirmed in numerous surveys, is causal. We use the repeal of the laws restricting Sunday retail activity ("Blue laws") to measure the...
Persistent link: https://www.econbiz.de/10012464345
The strong negative correlation over time between smoking rates and obesity have led some to suggest that reduced smoking is increasing weight gain in the U.S.. This conclusion is supported by the findings of Chou et al. (2004), who conclude that higher cigarette prices lead to increased body...
Persistent link: https://www.econbiz.de/10012467196
Religion plays an important role in the lives of many Americans, but there is relatively little study by economists of the implications of religiosity for economic outcomes. This likely reflects the enormous difficulty inherent in separating the causal effects of religiosity from other factors...
Persistent link: https://www.econbiz.de/10012467306
subsidies to charitable giving lead to more religious giving, but less religious attendance, with an implied elasticity of …
Persistent link: https://www.econbiz.de/10012468319