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,the effect is entirely driven by an increase in mortality among low income individuals, who are more likely to experience …
Persistent link: https://www.econbiz.de/10010945095
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savings. The purpose of this paper is to provide additional insights into the individual household's consumption decision and …During the last decade most western economies have experienced large and unexpected fluctuations in consumption and … thereby increase the knowledge of what governs these important macro variables. A consumption equation is estimated on Swedish …
Persistent link: https://www.econbiz.de/10005669545
to allocate time and consumption in consensus, having the implication that it is the households, not the individuals …-used theoretical framework in microanalysis of the household labor supply. Because of its simplicity, the household members are assumed … themselves, that are the interesting economic agents. In this paper, I study the household decision to supply labor and test if …
Persistent link: https://www.econbiz.de/10005779783
to allocate time and consumption in consensus, having the implication that it is the households, not the individuals …-used theoretical framework in microanalysis of the household labor supply. Because of its simplicity, the household members are assumed … themselves, that are the interesting economic agents. In this paper, I study the household decision to supply labor and test if …
Persistent link: https://www.econbiz.de/10005779800
hold even in the presence of a general income tax and preferences that are separable in labor supply and goods. If … dierences in earning ability were the only source of heterogeneity, the scal au- thority would be able to neutralize the eects …
Persistent link: https://www.econbiz.de/10009651892
changes in heterogeneity, e.g. increased demand for skilled labor, are also analyzed. In the most reasonable setup, a change … in heterogeneity does not affect the decision whether to form a union or not. This contrasts with the result in Jun (1989). …
Persistent link: https://www.econbiz.de/10005419211
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 … partial insurance of parental investments against permanent income shocks, and we cannot reject the hypothesis full insurance …
Persistent link: https://www.econbiz.de/10010818883
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