Showing 1 - 10 of 231
This paper develops the theoretical foundations and the testable implications of the various mechanisms that have been proposed as possible triggers for the demographic transition. Moreover, it examines the empirical validity of each of the theories and their significance for the understanding...
Persistent link: https://www.econbiz.de/10008854471
unwound. Juxtaposing these changes with large rises in income inequality suggests an important role for non-pecuniary factors …-2006. While there has been no increase in aggregate happiness, inequality in happiness has fallen substantially since the 1970s … eroded, and the gender happiness gap has disappeared entirely. Paralleling changes in the income distribution, differences in …
Persistent link: https://www.econbiz.de/10005136431
This paper proposes a rule to determine the winner of a soccer match which is different from the traditional penalty shoot-outs at the end of extra time. We show that games can be more attractive if penalties are shot before extra time and the outcome counts only if the tie is preserved during...
Persistent link: https://www.econbiz.de/10005662167
We model the brain as a multi-agent organization. Based on recent neuroscience evidence, we assume that different systems of the brain have different time-horizons and different access to information. Introducing asymmetric information as a restriction on optimal choices generates endogenous...
Persistent link: https://www.econbiz.de/10005662301
Building on evidence from neurobiology and neuroscience, we model the physiological limitations faced by individuals in the process of decision-making that starts with sensory perception and ends in action selection. The brain sets a neuronal threshold, observes whether the neuronal cell firing...
Persistent link: https://www.econbiz.de/10005656356
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, but the magnitude of the estimated responses is …
Persistent link: https://www.econbiz.de/10011266538
pill and women’s control over their own fertility; sharp changes in wage structure, including a rise in inequality and …
Persistent link: https://www.econbiz.de/10005662232
the relationship between subject well-being and income observed within countries. Finally, examining the relationship … between changes in subjective well-being and income over time within countries we find economic growth associated with rising … happiness. Together these findings indicate a clear role for absolute income and a more limited role for relative income …
Persistent link: https://www.econbiz.de/10005667028
From the end of the second century C.E., Judaism enforced a religious norm requiring any Jewish father to educate his children. We present evidence supporting our thesis that this exogenous change in the religious and social norm had a major influence on Jewish economic and demographic history....
Persistent link: https://www.econbiz.de/10005788962
fundamentals driving these emigration life cycles to the United States since 1970 – income and education gaps between the US and …
Persistent link: https://www.econbiz.de/10004966280