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On the Underestimation of the Precautionary Effect in Discounting
Gollier, Christian - 2011
Using the extended Ramsey rule, the socially efficient rate is the difference between a wealth effect and a precautionary effect of economic growth. This second effect is increasing in the degree of uncertainty affecting the future. In the literature, it is usually calibrated by estimating the...
Persistent link: https://www.econbiz.de/10013121828
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Family Location and Caregiving Patterns from an International Perspective
Rainer, Helmut; Siedler, Thomas - 2021
adult children and their parents. We then examine whether differences in family structure affect the amount of informal care … adult children provide to their elderly parents. Lastly, we look for cross-country differences in family location and … insights into how family-related and institutional factors shape patterns of time transfers from adult children to elderly …
Persistent link: https://www.econbiz.de/10013316226
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The Cultural Diffusion of the Fertility Transition : Evidence from Internal Migration in 19th Century France
Daudin, Guillaume - 2016
France experienced the demographic transition before richer and more educated countries. This paper offers a novel explanation for this puzzle that emphasizes the diffusion of culture and information through internal migration. It tests how migration affected fertility by building a decennial...
Persistent link: https://www.econbiz.de/10012992443
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International Migration, Transfers of Norms and Home Country Fertility
Beine, Michel A. R.; Docquier, Frédéric; Schiff, Maurice - 2021
This paper examines the relationship between international migration and source country fertility. The impact of international migration on source country fertility may have a number of causes, including a transfer of destination countries' fertility norms and an incentive to acquire more...
Persistent link: https://www.econbiz.de/10013316417
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The Tempest : Natural Disasters, Early Shocks and Children's Short- and Long-Run Development
Deuchert, Eva - 2013
for children's development. We examine this hypothesis by analyzing the short-and long-run effects on children's health … children's education - not, however, on health. The effects on children's education aggravate over time. Empirical evidence …
Persistent link: https://www.econbiz.de/10013083878
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Brain Drain in the Age of Mass Migration : Does Relative Inequality Explain Migrant Selectivity?
Stolz, Yvonne; Baten, Joerg - 2021
Brain drain is a core economic policy problem for many developing countries today. Does relative inequality in source and destination countries influence the brain-drain phenomenon? We explore human capital selectivity during the period 1820-1909.We apply age heaping techniques to measure human...
Persistent link: https://www.econbiz.de/10013315938
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Gravity Estimation of the Intensive and Extensive Margins of Trade : An Alternative Procedure with Alternative Data
Flam, Harry - 2011
. By using data on the number of bilaterally traded products we improve on identification and allow estimation of the …
Persistent link: https://www.econbiz.de/10013128040
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Natural Resource Endowment : A Mixed Blessing?
Gylfason, Thorvaldur - 2011
This paper deals with the implications of natural resources for the conduct of economic policies and the role and design of institutions in resource‐rich countries. The paper briefly reviews the experience of a few resource‐rich countries, highlighting the successes of those that have done...
Persistent link: https://www.econbiz.de/10013129862
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International Income Inequality : Measuring PPP Bias by Estimating Engel Curves for Food
Almås, Ingvild - 2010
Purchasing power adjusted incomes applied in cross-country comparisons are measured with bias. In this paper, we estimate the purchasing power parity (PPP) bias in Penn World Table incomes and provide corrected incomes. The bias is substantial and systematic: the poorer a country, the more its...
Persistent link: https://www.econbiz.de/10013135914
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Membership has Its Privileges - The Effect of Membership in International Organizations on FDI
Dreher, Axel - 2010
the endogeneity of membership, we find this effect to be substantively important and robust to the method of estimation …
Persistent link: https://www.econbiz.de/10013136347