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Estimating The Causal Effect of Income on Health: Evidence from Post Reunification East Germany
Frijters, Paul; Haisken-DeNew, John P.; Shields, Michael - Research School of Economics, College of Business and … - 2003
In this paper we investigate if there was a causal effect of changes in current and 'permanent' income on the health of East Germans in the years following reunification. Reunification was completely unanticipated and therefore can be seen as a providing some exogenous variation, which resulted...
Persistent link: https://www.econbiz.de/10004971382
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How Well Do Individuals Predict Their Future Life Satisfaction? Rationality and Learning Following a Nationwide Exogenous Shock
Frijters, Paul; Haisken-DeNew, John P.; Shields, Michael - Research School of Economics, College of Business and … - 2003
Over recent years a number of papers have uses individual or household longitudinal survey data to investigate the rationality of income expectations. In this paper we provide a novel contribution to this literature by examining the ability of individuals to correctly predict their own future...
Persistent link: https://www.econbiz.de/10004977285
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Using Elicited Choice Probabilities to Estimate Random Utility Models: Preferences for Electricity Reliability
Blass, Asher; Lach, Saul; Manski, Charles - C.E.P.R. Discussion Papers - 2008
When data on actual choices are not available, researchers studying preferences sometimes pose choice scenarios and ask respondents to state the actions they would choose if they were to face these scenarios. The data on stated choices are then used to estimate random utility models, as if they...
Persistent link: https://www.econbiz.de/10005662055
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Shopping around? How households adjusted food spending over the Great Recession
Griffith, Rachel; O'Connell, Martin; Smith, Kate - C.E.P.R. Discussion Papers - 2014
Over the Great Recession real wages stagnated and unemployment increased. Concurrently, food prices rose sharply, outstripping growth in food expenditure, and leading to a reduction in calories purchased. This has led to concern about rising food poverty. We study British households to assess...
Persistent link: https://www.econbiz.de/10011083730
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Liquidity Supply and Demand in Limit Order Markets
Hollifield, Burton; Miller, Robert A.; Sandås, Patrik; … - C.E.P.R. Discussion Papers - 2002
We model a trader’s decision to supply liquidity by submitting limit orders or demand liquidity by submitting market orders in a limit order market. The best quotes and the execution probabilities and picking off risks of limit orders determine the price of immediacy. The price of immediacy...
Persistent link: https://www.econbiz.de/10005136412
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Welfare regimes and the incentives to work and get educated
Rodriguez-Pose, Andres; Tselios, Vassilis - C.E.P.R. Discussion Papers - 2011
This paper examines whether differences in welfare regimes shape the incentives to work and get educated. Using … microeconomic data for more than 100,000 European individuals, the results show that welfare regimes make a difference for wages and … weakest welfare systems, i.e. those with what is known as ‘Residual’ welfare regimes (Greece, Italy, Spain and Portugal …
Persistent link: https://www.econbiz.de/10008854522
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Is the Household Demand for In-Home Services Sensitive to Tax Reductions? The French Case
Flipo, Anne; Fougère, Denis; Olier, Lucile - C.E.P.R. Discussion Papers - 2000
Our paper is concerned with the impact of tax reductions on the demand for services in the home. For that purpose, we consider the particular case of the French legislation voted in 1991. This law allows households employing paid help in the home to deduct from their income tax 50% of the sums...
Persistent link: https://www.econbiz.de/10005666573
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Non Linear Contracting and Endogenous Buyer Power between Manufacturers and Retailers: Empirical Evidence on Food Retailing in France
Bonnet, Céline; Dubois, Pierre - C.E.P.R. Discussion Papers - 2010
We present the first empirical estimation of a structural model taking into account explicitly the endogenous buyer power of downstream players facing two part tariffs contracts offered by the upstream level. We consider vertical contracts between manufacturers and retailers where resale price...
Persistent link: https://www.econbiz.de/10008677239
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On the Equivalence of Location Choice Models: Conditional Logit, Nested Logit and Poisson
Brülhart, Marius; Schmidheiny, Kurt - C.E.P.R. Discussion Papers - 2009
It is well understood that the two most popular empirical models of location choice - conditional logit and Poisson - return identical coefficient estimates when the regressors are not individual specific. We show that these two models differ starkly in terms of their implied predictions. The...
Persistent link: https://www.econbiz.de/10004973975
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Ageing, Migration and Labour Mobility
Winkelmann, Rainer; Zimmermann, Klaus F - C.E.P.R. Discussion Papers - 1992
This paper provides insights into the relationship between the substantial ageing of the European labour force, large migration movements, and individual labour mobility. First, qualitative predictions are derived using the theory of production with multiple inputs. Second, quantitative...
Persistent link: https://www.econbiz.de/10005123866