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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

simulation results for eastern Germany, a forerunner in the demographic process, show that the population decline will not help … play a major role and could impede the development of industrial centers. …

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 …

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

, population density, population growth, and economic development, both at aggregated and disaggregated levels. …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 …

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

The global joint distribution of income and health

Wu, Ximing; Savvides, Andreas; Stengos, Thanasis - 2008

We investigate the evolution of global welfare in two dimensions: income per capita and life expectancy. First, we estimate the marginal distributions of income and life expectancy separately. More importantly, in contrast to previous univariate approaches, we consider income and life expectancy...

Persistent link: https://www.econbiz.de/10010264413

Intellectual property rights, technology transfer and exports in developing countries

Yang, Lei; Maskus, Keith E. - 2008

We develop a model to analyze one mechanism under which stronger intellectual property rights (IPR) protection may improve the ability of firms in developing countries to break into export markets. A Northern firm with a superior process technology chooses either exports or technology transfer...

Persistent link: https://www.econbiz.de/10010264489