Showing 1 - 10 of 65
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
security system-broadly defined to include Medicare-faces significant financial problems as the result of an aging population … growing GDP-share of medical spending is an efficient response to an aging population. Thus viability is more a political …
Persistent link: https://www.econbiz.de/10011511045
, population density, population growth, and economic development, both at aggregated and disaggregated levels. …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 …
Persistent link: https://www.econbiz.de/10011449334
This paper explores how EU countries can address various challenges (including the aging of the population) affecting …
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
We show that the recent rise in Afghan opium production is caused by violent conflicts. Violence destroys roads and irrigation, crucial to alternative crops, and weakens local incentives to rebuild infrastructure and enforce law and order. Exploiting a unique data set, we show that Western...
Persistent link: https://www.econbiz.de/10003813626
This paper focuses on the role of institutions in poverty alleviation, where both poverty and institutions are interpreted broadly. The broadening of the poverty notion is important at least from the policy perspective. Even if one were convinced that higher growth would reduce income poverty to...
Persistent link: https://www.econbiz.de/10011400868
This paper focuses on the role of institutions in the fight against poverty and inequality. Our view of institutions encompasses formal rules designed by polity (including those in the legal and economics sphere such as rules of property rights, contracts and liabilities) as well as informal...
Persistent link: https://www.econbiz.de/10011514135
This paper studies empirically the effects of and the interactions amongst economic and political liberalizations. Economic liberalizations are measured by a widely used indicator that captures the scope of the market in the economy, and in particular of policies towards freer international...
Persistent link: https://www.econbiz.de/10011450308
This paper discusses the recent literature on the role of the state in economic development. It concludes that …
Persistent link: https://www.econbiz.de/10011450487