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Family background variables as instruments for education in income regressions : a Bayesian analysis
Hoogerheide, Lennart; Block, Jörn; Thurik, Adriaan R. - 2010 - Current version: July 2010
The validity of family background variables instrumenting education in income regressions has been much criticized. In … instruments in income regressions. …
Persistent link: https://www.econbiz.de/10011381026
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Consumption choices and earnings expectations : empirical evidence and structural estimation
Stoltenberg, Christian; Uhlendorff, Arne - 2023
after controlling for realized earnings, wealth and time-invariant unobserved characteristics such as permanent income and …
Persistent link: https://www.econbiz.de/10014249642
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Consumption choices and earnings expectations : empirical evidence and structural estimation
Stoltenberg, Christian; Uhlendorff, Arne - 2022
In this paper, we document that households' consumption expenditures depend on their expected earnings - even after controlling for realized earnings and wealth. To explain this evidence, we develop and structurally estimate a standard-incomplete markets model in which rational households...
Persistent link: https://www.econbiz.de/10013332707
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Mapping the minds of retirement planners
Hershey, Douglas A.; Henkens, Kène; Dalen, Hendrik P. van - 2006
This study explored the psychological mechanisms that underlie the retirement planning and saving tendencies of Dutch and American workers. Participants were 988 Dutch and 429 Americans, 25-64 years of age. Analyses were designed to: (a) examine the extent to which structural variables were...
Persistent link: https://www.econbiz.de/10011349213
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Self-employment around retirement age
Hochgürtel, Stefan - 2010 - Second draft. July 2010
This paper uses panel data from the pan-European SHARE survey to study labor market behavior of older male self-employed vis-a-vis wage employed workers. We find the self-employed to work longer hours, to be more flexible in their hours allocation, and to retire later in all countries. We relate...
Persistent link: https://www.econbiz.de/10011380941
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Pensions, debt and inflation risk in a monetary union
Adema, Yvonne - 2010
-generations model, where one country has PAYG pensions and the other country has funded pensions. The paper shows that the PAYG country …
Persistent link: https://www.econbiz.de/10011382085
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Interactions between financial incentives and health in the early retirement decision
Garcia-Gomez, Pilar; Galama, Titus J.; Van Doorslaer, Eddy - 2017
We present a theory of the relation between health and retirement that generates testable predictions regarding the interaction of health, wealth and financial incentives in retirement decisions. The theory predicts (i) that wealthier individuals (compared to poorer individuals) are more likely...
Persistent link: https://www.econbiz.de/10011648295
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Every crisis has a silver lining? : unravelling the pro-cyclical pattern of health inequalities by income
Coveney, Max; Garcia-Gomez, Pilar; Van Doorslaer, Eddy; … - 2018
It is well known that income and health are positively associated. Much less is known about the strength of this … by government transfers versus market transfers on changes in income-related health inequality (IRHI) in Europe. Using … the European Union Survey of Income and Living Conditions (EU-SILC) panel data for 7 EU countries from 2004 to 2013, we …
Persistent link: https://www.econbiz.de/10011895704
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Welfare and intelligence
Plug, Erik J. S.; Praag, Bernard M. S. van - 1995
Persistent link: https://www.econbiz.de/10000918277
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Retirement, financial incentives and health
Kerkhofs, Marcel; Lindeboom, Maarten; Theeuwes, Jules J. M. - 1998 - Preliminary vers
Persistent link: https://www.econbiz.de/10000994501