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Efficiency in family bargaining: living arrangements and caregiving decisions of adult children and disabled elderly parents

Pezzin, Liliana E.; Pollak, Robert A.; Schone, Barbara S. - 2007

In this paper, we use a two-stage bargaining model to analyze the living arrangement of a disabled elderly parent and the assistance provided to the parent by her adult children. The first stage determines the living arrangement: the parent can live in a nursing home, live alone in the...

Persistent link: https://www.econbiz.de/10010264063

Morbidity, mortality, health expenditures and annuitization

Tang, Kam Ki; Zhang, Jie - 2007

In this paper we explore the implication of a morbidity risk for the relationship between longevity and annuitization. We divide old-age life into two periods with uncertain survival from the end of the first to the end of the second. We show that a rise in the survival rate causes different...

Persistent link: https://www.econbiz.de/10010264199

Demography and innovative entrepreneurship

Bönte, Werner; Falck, Oliver; Heblich, Stephan - 2007

Demographic change will be one of the major challenges for economic policy in the developed world in the next decades. In this article, we analyze the relationship between age structure and the number of startups. We argue that an individual's decision to start a business is determined by his or...

Persistent link: https://www.econbiz.de/10010264224

Demographic change and regional labour markets: the case of Eastern Germany

Henschel, Beate; Pohl, Carsten; Thum, Marcel - 2008

Demographic change will be one of the most challenging issues for industrialized economies in the decades to come. In this paper, we focus on the impact of demographic change on labour markets. By setting up a stylized model of a regional labour market, we are able to analyze the interaction of...

Persistent link: https://www.econbiz.de/10010264373

Economic growth and subjective well-being: reassessing the Easterlin paradox

Stevenson, Betsey; Wolfers, Justin - 2008

The Easterlin paradox" suggests that there is no link between a society's economic development and its average level of happiness. We re-assess this paradox analyzing multiple rich datasets spanning many decades. Using recent data on a broader array of countries, we establish a clear positive...

Persistent link: https://www.econbiz.de/10010264434

Macroeconomic modeling when agents are imperfectly informed

De Grauwe, Paul - 2008

DSGE-models have become important tools of analysis not only in academia but increasingly in the board rooms of central banks. The success of these models has much to do with the coherence of the intellectual framework it provides. The limitations of these models come from the fact that they...

Persistent link: https://www.econbiz.de/10010273776

Population, population density, and technological change

Klasen, Stephan; Nestmann, Thorsten - 2004

In a model on population and endogenous technological change, Kremer combines a short-run Malthusian scenario where income determines the population that can be sustained, with the Boserupian insight that greater population spurs technological change and can therefore lift a country out of its...

Persistent link: https://www.econbiz.de/10010261207

The political economy of intergenerational cooperation

Cigno, Alessandro - 2005

The paper examines the scope for mutually beneficial intergenerational cooperation, and looks at various attempts to theoretically explain the emergence of norms and institutions that facilitate this cooperation. After establishing a normative framework, we examine the properties of the...

Persistent link: https://www.econbiz.de/10010261395

Education and Health: The Role of Cognitive Ability

Bijwaard, Govert; van Kippersluis, Hans; Veenman, Justus - 2013

We aim to disentangle the relative contributions of (i) cognitive ability, and (ii) education on health and mortality … measures of cognitive ability and family background at age 12. The data are subsequently linked to the mortality register 1995 …-2011, such that we observe mortality between ages 55 and 75. The results suggest that the treatment effect of education (i.e. the …

Persistent link: https://www.econbiz.de/10010293904

Pandemics, places, and populations: evidence from the Black Death

Jedwab, Remi; Johnson, Noel D.; Koyama, Mark - 2019

more generally. Using a novel dataset that provides information on spatial variation in Plague mortality at the city level … population returns to high-mortality locations endowed with more rural and urban fixed factors of production. Land suitability …

Persistent link: https://www.econbiz.de/10012018215