Showing 1 - 10 of 144
This paper explores the role of marriage when markets are incomplete so that individuals cannot diversify their idiosyncratic labor income risk. Ceteris paribus, an individual would prefer to marry a hedge (i.e. a spouse whose income is negatively correlated with her own) as it raises her...
Persistent link: https://www.econbiz.de/10011399259
Yes, subject to concerns about Medicare inefficiencies and potentially self-confirming skepticism. The U.S. social security system-broadly defined to include Medicare-faces significant financial problems as the result of an aging population. But demographic change is also likely to raise...
Persistent link: https://www.econbiz.de/10011511045
This paper explores how EU countries can address various challenges (including the aging of the population) affecting their systems of old-age income support. It presents two scenarios illustrating the most important uncertainties surrounding the major developments that affect the pension...
Persistent link: https://www.econbiz.de/10011408835
simple Nash-bargaining model of the household and from the classical single-utility-function model of the household. This law …
Persistent link: https://www.econbiz.de/10011410000
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/10011449334
In 2011, Thailand experienced its worst flood ever. Using repeated waves of the Thai Household Survey, we analyse the …
Persistent link: https://www.econbiz.de/10012022180
asymmetric equilibrium featuring household specialization can arise. Examples where the asymmetric equilibrium is welfare …
Persistent link: https://www.econbiz.de/10013168051
characteristics of the Canton of Bern using household-level data. In particular, we exploit quasi-natural policy variation in voting …
Persistent link: https://www.econbiz.de/10012694121
Combining two new datasets on sanctions and agricultural trade and implementing step-by-step the latest developments in the empirical structural gravity literature, we investigate the effects of sanctions on international trade of agricultural products. We find that trade sanctions have been...
Persistent link: https://www.econbiz.de/10012668821
This study is the first scientific attempt to calculate the size of the informal economy in agriculture. The Multiple … higher levels of informal economy in agriculture compared to the overall economy. The impact of subsidies and farm … organizations on the development of the informal economy are two important factors for these higher values in agriculture. The …
Persistent link: https://www.econbiz.de/10012486396