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In this paper, we analyse different measures of asset and income poverty using micro-data for 15 euro area countries from the 2010 Household Finance and Consumption Survey (HFCS). We are particularly interested in the way in which specific definitions of income and wealth poverty affect the...
Persistent link: https://www.econbiz.de/10011373659
We document that the added worker effect (AWE) has increased over the last three decades. We develop a search model with two earner households and we illustrate that the increase in the AWE from the 1980s to the 2000s can be explained through i) the narrowing of the gender pay gap, ii) changes...
Persistent link: https://www.econbiz.de/10011456513
This paper analyzes the determinants of schooling attainment at the household level for 14-years-old in urban regions of Saõ Paulo and Northeast Brazil, using data from the 1982 PNAD. We find mean schooling of 4.75 years in Saõ Paulo, and 3.25 years in the Northeast, both far short of the...
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This paper examines whether biased income expectations due to overconfidence lead to higher levels of debt-taking. In a lab experiment, participants can purchase goods by borrowing against their future income. We exogenously manipulate income expectations by letting income depend on relative...
Persistent link: https://www.econbiz.de/10012033567
We empirically analyze the optimal mix and optimal generosity of unemployment insurance and social assistance programs. To do so, we specify a structural life-cycle model of the labor supply, savings, and social assistance claiming decisions of singles and married couples. Partial insurance...
Persistent link: https://www.econbiz.de/10012108668
This paper investigates the redistributive impact of private and public childcare provision and education on children's resources in Germany between 2009 and 2013. It takes account of the multidimensionality of children's needs and access to economic resources by applying an extended income...
Persistent link: https://www.econbiz.de/10011625627