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Satiation of need is generally ignored by growth theory. I study a model where consumers may be satiated in any given …
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When comparing economic well-being using income or expenditures, an equivalence scale is often used to adjust for differences in characteristics that affect needs. For example, a family of two is assumed to need more income than a single person, but not twice as much due to the economies of...
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The economic crisis of 2008/9 was felt more acutely in Ireland relative to elsewhere and culminated in the international bailout in 2010. Given the economic collapse, Ireland provides an ideal case-study of the link between wealth collapses and movements in variables such as health and...
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The German Child Benefit ("Kindergeld") is paid to legal guardians of children as a cash benefit. This study employs exogenous variations in the amount of child benefit received by households to investigate the extent to which these various changes have translated into an improvement in the...
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As China moves into the ranks of aged societies, coresidency of elders with their adult children has become an increasingly important policy concern. This article utilizes data from the 2000 Population Census of China and the 2011 Chinese Household Ethnicity Survey (CHES) to analyze coresidency...
Persistent link: https://www.econbiz.de/10010358242
Quality of life differences across areas can be measured by differences in "real wages" where real wages are computed as nominal wages adjusted for the cost of living. Computing cost of living differences involves several important issues, including how housing prices should be measured....
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