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Why does patience vary across individuals and countries? We provide evidence on a widely-hypothesized mechanism, namely that higher longevity fosters patience. Using data on patience for 80,000 individuals in 76 countries, this paper relates exogenous variation in longevity across...
Persistent link: https://www.econbiz.de/10012126326
determinants of fertility (size of the public sector, level of income, education and infant mortality). By contrast there is a … education while the fertility effect of infant mortality is clearly positive. … security various private insurance schemes to explore fertility and the effects of various variables on it. In the private …
Persistent link: https://www.econbiz.de/10012502962
We analyze the long-run growth effects of automation in the canonical overlapping generations framework. While automation implies constant returns to capital within this model class (even in the absence of technological progress), we show that it does not have the potential to lead to positive...
Persistent link: https://www.econbiz.de/10011668997
This paper uses SOEP data to study the distributional effect of intergenerational transfers on the wealth distribution of German households. Similar to most other central European countries, Germany is likely to face a period of increasing aggregate bequest flows. At the same time, there is an...
Persistent link: https://www.econbiz.de/10011915902
Homeownership rates differ widely across European countries. We document that part of this variation is driven by differences in the fraction of adults co-residing with their parents. Comparing Germany and Italy, we show that in contrast to homeownership rates per household, homeownership rates...
Persistent link: https://www.econbiz.de/10014339552
better health and lower mortality. Yet, little is known about the reverse role of life expectancy or proximity to death, as …
Persistent link: https://www.econbiz.de/10012237556
Persistent link: https://www.econbiz.de/10000977832
this policy causally reduced injury-induced mortality in the country by at least 14% during the five weeks of the ban. We … argue that this estimate constitutes a lower bound on the true impact of alcohol on injury-induced mortality. We also …
Persistent link: https://www.econbiz.de/10013166761
evaluates the impact of this sudden and unexpected five-week alcohol prohibition on mortality due to unnatural causes. We find … the impact of alcohol on short-run mortality, and underscores the severe influence that alcohol has on society - even in …
Persistent link: https://www.econbiz.de/10012500339
Persistent link: https://www.econbiz.de/10013264960