Showing 1 - 10 of 77
This paper explores the role of marriage when markets are incomplete so that individuals cannot diversify their … love. Is love more important to a lasting marriage than economic compatibility? To answer this question, I develop a simple … model where rational individuals meet, enjoy the economic and non-pecuniary benefits of marriage (i.e. love), and then must …
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
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
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
This paper studies within-family decision making regarding investment in income protection for surviving spouses. A change in US pension law (the Retirement Equity Act of 1984) is used as an instrument to derive predictions both from a simple Nash-bargaining model of the household and from the...
Persistent link: https://www.econbiz.de/10011410000
This paper develops a new equilibrium model of two-sided search where agents have multiple attributes and general payoff functions. The model can be applied to several substantive issues. Here we use it to provide a novel understanding of the separate effects of equal opportunities for women in...
Persistent link: https://www.econbiz.de/10010227223
We demonstrate that the notion of a "family constitution" (self-enforcing, renegotiation-proof family norm) requiring adults to provide attention for elderly parents carries over from a world where sexually indifferentiated individuals reproduce by cell separation, to one where individuals...
Persistent link: https://www.econbiz.de/10011488072
inequality and marriage patterns at the county level in nineteenth-century Prussia. Formally the landed elite could have inuenced … not only the labor relations with the peasants but also their marriage decisions. Using cross-sectional as well as panel … analysis we find no evidence that noble landowners directly affected marriage rates. Instead we find a robust negative …
Persistent link: https://www.econbiz.de/10011536183
marriage. We find no evidence that people born on the 13th or those born on Friday the 13th suffer any penalty that can be …
Persistent link: https://www.econbiz.de/10010418005
marriage as well as for a precautionary savings motive. …
Persistent link: https://www.econbiz.de/10011409730