longitudinal data from RLMS, estimating a quasi-hyperbolic discounting rational addiction model for young and adult smokers …

A large literature examines the addictive properties of such behaviors as smoking, drinking alcohol and eating. We …, in that they are more likely to postpone earlier plans for retirement. The theory and evidence suggest that optimal … policy involves a more progressive tax system than in the absence of workaholism. -- addiction ; retirement ; labor supply …

This paper deals with one of the main empirical problems associated with the rational addiction theory, namely that its … addiction equation cannot distinguish between time consistency and inconsistency in preferences. We show that an encompassing … general specification of the rational addiction model embeds the possibility of testing for time consistent versus time …

strong negative externalities of not providing it publicly. The pandemic may have made these issues more salient as perceived …, suggesting that there might be a public under-provision because individuals do not factor in the externalities. …

repercussions: cigarette smoking. Correlation between partners' behaviours may be due to correlated effects, as a consequence of … simple bivariate probit reveals a positive correlation between own current smoking and partner's past smoking, which is … consistent with endogenous effects. However, after controlling for individual effects, we find that own current smoking and …

economics: Studies about localized human capital externalities (HCE) and about the urban wage premium (UWP). After surveying the … externalities ; urban wage premium …

This paper provides a novel microeconomic foundation for pecuniary human capital externalities in a labor market model …. -- Externalities ; human capital ; multiple equilibria …