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The microWELT-US microsimulation model for projections of the US labour force participation accounting for education and health : technical report

Amann, Johannes; Böheim, René; Horvath, Gerard Thomas; … - Österreichisches Institut für Wirtschaftsforschung - 2021

This technical report presents the dynamic microsimulation model microWELT-US developed for US labour force projections … accounting for education and health. microWELT-US is the adaptation of an existing microsimulation model for Europe. The … microsimulation model supports a comparative analysis of the effect of socio-demographic change on future labour force participation …

Persistent link: https://www.econbiz.de/10012806588

The Impact of Health and Education on Labor Force Participation in Aging Societies – Projections for the United States and Germany from a Dynamic Microsimulation

Böheim, René; Horvath, Gerard Thomas; Leoni, Thomas; … - National Bureau of Economic Research - 2021

Using a highly stylized dynamic microsimulation model, we project the labor force of the United States up to the year …. This has strong implications for their labor force developments. According to our microsimulation, the US labor force will …

Persistent link: https://www.econbiz.de/10012794562

Forecasting Trends in Disability in a Super-Aging Society : Adapting the Future Elderly Model to Japan

Chen, Brian K. - 2016

Model (FEM), a demographic and economic state-transition microsimulation model that projects the health conditions and …

Persistent link: https://www.econbiz.de/10012456802

Friends with Benefits : Social Capital and Household Financial Behavior

Cannon, Brad; Hirshleifer, David; Thornton, Joshua - National Bureau of Economic Research - 2024

Using friendship data from Facebook, we study the effects of three aspects of social capital on household financial behavior. We find that the most important measure of social capital in explaining stock market and saving participation is Economic Connectedness, defined as the fraction of one's...

Persistent link: https://www.econbiz.de/10014512040

The Dynamic Effects of Cash Transfers to Agricultural Households

Aggarwal, Shilpa; Aker, Jenny C.; Jeong, Dahyeon; … - National Bureau of Economic Research - 2024

While cash transfers will tautologically increase contemporaneous consumption, it is unclear whether these gains will persist, especially in rural agricultural settings with limited productive investment opportunities. Using bi-monthly survey data from recipients of a large, unconditional cash...

Persistent link: https://www.econbiz.de/10014544710

Financial Incentives for Adoption and Kin Guardianship Improve Achievement for Foster Children

Simon, David; Sojourner, Aaron; Pedersen, Jon; Skallet, … - National Bureau of Economic Research - 2024

This paper reports new evidence that giving financial rewards for adopting a child from foster care or becoming a kin guardian improves the later school performance of these children. It uses linked administrative data to examine a policy change in Minnesota. This change increased the payments...

Persistent link: https://www.econbiz.de/10014576589

Traumatic Financial Experiences and Persistent Changes in Financial Behavior : Evidence from the Freedman's Savings Bank

Arthi, Vellore; Richardson, Gary; Van Orden, Mark - National Bureau of Economic Research - 2024

The failure of the Freedman's Savings Bank (FSB), one of the only Black-serving banks in the early post-bellum South, was an economic catastrophe and one of the great episodes of racial exploitation in post-Emancipation history. It was also most Black Americans' first experience of banking. Can...

Persistent link: https://www.econbiz.de/10014576605

The Effects of the 2021 Child Tax Credit on Child Developmental Outcomes

Aizer, Anna; Lleras-Muney, Adriana; Michelmore, Katherine - National Bureau of Economic Research - 2024

Child poverty fell to historic lows in 2021, in large part due to the temporary expansion of the Child Tax Credit (CTC). We consider the possible implications of this expansion on children's short- and long-term development. To do so, we review the available short-run evidence from the 2021...

Persistent link: https://www.econbiz.de/10014576638

Wealth at Birth and its Effect on Child Academic Achievement and Behavioral Problems

Faundez, Luis F.; Kaestner, Robert - National Bureau of Economic Research - 2024

In this article, we examine the association between family wealth and academic achievement and socioemotional behaviors of children ages 5 to 12. We examine whether wealth prior to birth and at ages 4 or 5 affects academic test scores and behavioral problems during two periods of childhood, ages...

Persistent link: https://www.econbiz.de/10014576657

Fighting Poverty One Family at a Time : Experimental Evidence from an Intervention with Holistic, Individualized, Wrap-Around Services

Evans, William N.; Kolka, Shawna; Sullivan, James X.; … - National Bureau of Economic Research - 2023

Families in poverty face numerous barriers to establishing stable economic footing. This paper examines the effect of a holistic, individualized wrap-around service intervention on outcomes for low-income individuals. The intervention includes a detailed assessment, an individualized service...

Persistent link: https://www.econbiz.de/10014226189