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A burgeoning literature in economics has started examining the role of social norms in explaining economic behavior. Surprisingly, the vast majority of this literature has studied social norms in asocial decision settings, where individuals are observed to act in isolation from each other. In...
Persistent link: https://www.econbiz.de/10012953878
Although legal sanctions are often non-deterrent, we frequently observe compliance with ‘mild laws'. A possible explanation is that the incentives to comply are shaped not only by legal, but also by social sanctions. This paper employs a novel experimental approach to study the link between...
Persistent link: https://www.econbiz.de/10013142143
We examine how a German paid parental leave reform causally affected early childhood living arrangements. The reform replaced a means-tested benefit with a universal transfer paid out for a shorter period. Using a difference-in-differences design, we find that the reform increased the...
Persistent link: https://www.econbiz.de/10012962121
This paper studies the effect of child care provision on family structure. We present a model of a marriage market with … children and spousal specialization in home production of public goods and child care. We then study how child care provision …
Persistent link: https://www.econbiz.de/10013108093
care provided to their parents and education expenditures for their children. The young enjoy their education, while the … old may leave a bequest to their children. Within each period the three generations play a "game" inspired by Becker … period and that parents invest in the education of their children. We show that Becker’s rotten kids theorem holds for the …
Persistent link: https://www.econbiz.de/10013315590
We attempt to answer a simple empirical question: does having children make a parent live longer? The hypothesis we …, 1991, and 2001, we are unable to reject this hypothesis. By contrast, we find in our key result that women with children … have a roughly 8% higher survival probability than women without children …
Persistent link: https://www.econbiz.de/10013315691
older siblings suggest that the policy affects the whole household, not just targeted family members …
Persistent link: https://www.econbiz.de/10013315925
while children's altruism is not. The traditional topping up and opting out policies are special cases of ours. Both total … and informal care should increase with the children's level of altruism. This obtains under full and asymmetric … explained by the need to provide incentives to high-altruism children. The implementing contract is always such that social care …
Persistent link: https://www.econbiz.de/10012912681
cognitive development of lower socioeconomic status children who reached maturity in the mid-20th century …
Persistent link: https://www.econbiz.de/10012994194
Sovereign debt restructurings can be implemented preemptively -- prior to a payment default. We code a comprehensive new dataset and find that preemptive restructurings (i) are frequent (38% of all deals 1978-2010), (ii) have lower haircuts, (iii) are quicker to negotiate, and (iv) see lower...
Persistent link: https://www.econbiz.de/10013011363