Showing 1 - 10 of 1,295
The Hamilton method for estimating CPI bias is simple, intuitive, and has been widely adopted. We show that the method confiates CPI bias with variation in cost-of-living across income levels. Assuming a single price index across the income distribution is inconsistent with the downward sloping...
Persistent link: https://www.econbiz.de/10012922658
externalities inflicted by parents when they decide on their children's diet. Within an OLG model with an imperfectly altruistic …
Persistent link: https://www.econbiz.de/10012861438
Unconventional fiscal policy uses announcements of future increases in consumption taxes to generate inflation expectations and accelerate consumption expenditure. It is budget neutral and time consistent. We exploit a unique natural experiment for an empirical test of the effectiveness of...
Persistent link: https://www.econbiz.de/10012981297
Did the financial crisis spread from distressed banks to households through a contraction of the credit supply? We study this question with a dataset that contains observations on all accounts in Danish banks as well as comprehensive information about individual account holders and banks. We...
Persistent link: https://www.econbiz.de/10013010472
This paper studies the heterogeneity of the marginal propensity to consume out of wealth based on French household surveys. This heterogeneity is driven by differences in both wealth composition and wealth levels. We find a decreasing marginal propensity to consume out of wealth across the...
Persistent link: https://www.econbiz.de/10012944978
We study whether and how parents interfere paternalistically in their children’s intertemporal decision-making. Based … on experiments with over 2,000 members of 610 families, we find that parents anticipate their children’s present bias and … willing to pay money to override their children’s choices. Parental interference predicts more intensive parenting styles and …
Persistent link: https://www.econbiz.de/10013250733
Using birth certificates matched to schooling records for Florida children born 1992 – 2002, we assess whether family … gap in neonatal health. We conclude that the gender gap among black children is larger than among white children in … substantial part because black children are raised in more disadvantaged families …
Persistent link: https://www.econbiz.de/10012988233
employ data from the universe of children born in Florida between 1994 and 2002 and in Denmark between 1990 and 2001, which …
Persistent link: https://www.econbiz.de/10012960925
Many countries are currently expanding access to child care for young children. But are all children equally likely to … (children’s age, birth weight and socio-economic background), but less so with respect to unobserved determinants of selection …
Persistent link: https://www.econbiz.de/10013315821
We study the relationship between a key early intervention policy designed to support families with children up to the … age of four and the rate at which children are taken into social care. The gradual build-up of over 3,600 Sure Start … Children's Centres (SSCC), operated by Local Authorities across England, created large spatial and cohort variation in the …
Persistent link: https://www.econbiz.de/10012837451