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responses to the reform are entirely driven by the traditional substitution and income effects as in a unitary model. For some …
Persistent link: https://www.econbiz.de/10005067691
Dans cet article, nous démontrons, en utilisant des données de l’Enquête canadienne sur les capacités financières, que le Québec tire de l’arrière par rapport au reste du Canada non seulement en termes de niveau de littératie financière et d’éducation financière, mais aussi en...
Persistent link: https://www.econbiz.de/10010575393
neutral with respect to longevity risk. Higher income households are more likely to be risk averse. We do not find evidence …
Persistent link: https://www.econbiz.de/10010633103
Using a unique dataset on health club attendance from Quebec, we look at the relationship between actual and expected attendance and how these relate to measures of self-control. We find that a large majority of contract choices appear inconsistent if we do not take into account the commitment...
Persistent link: https://www.econbiz.de/10010676205
We study the effect of changing income on optimal decisions in the multidimensional expected utility framework with … changing income can be decomposed into a modified income effect linked to the classical income effect and an effect … representing attitudes to risk, modified by income. …
Persistent link: https://www.econbiz.de/10010728904
crop failure insurance from a less risk-averse adult. The family is the unique provider of insurance services yielding … overlapping generations framework, we equate a family to a contingent-claims contract. Families are endogenous by design. A risk … positive expected insurance rent. A monopsonist landlord extracts this expected rent through state-contingent tenancy contracts …
Persistent link: https://www.econbiz.de/10005670361
The social performance of fiscal redistributive mechanisms in Canada continues to receive a growing interest from politicians and research scientists. The aim of this paper is to assess the evolution of social classes in Canada and to check whether the market and governmental redistribution...
Persistent link: https://www.econbiz.de/10005015263
This paper studies the microeconomics of child vulnerability to kidnapping in an environment where child protection is produced through a private effort, a public investment and a foreign aid. We first show that in absence of public investment and foreign aid, private investment in child...
Persistent link: https://www.econbiz.de/10005015296
Dans cet article, nous étudions l'impact des différences de longévité sur la conception des politiques publiques, en particulier celles liées au départ à la retraite. Nous montrons premièrement qu'alors même que l'espérance de vie a augmenté de manière très importante tout au long...
Persistent link: https://www.econbiz.de/10011093881
sectoral comovement of production following a monetary policy shock and, under certain conditions, to aggregate neutrality …
Persistent link: https://www.econbiz.de/10005015287