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Empirical analyses of the effects of public and private pensions on household saving impose strong assumptions in order to obtain a tractable empirical model: fixed retirement and pension claiming ages, no borrowing constraint, little or no uncertainty, and no institutional restrictions on...
Persistent link: https://www.econbiz.de/10013128568
We empirically analyze the heterogeneous welfare effects of unemployment insurance and social assistance. We estimate a structural life-cycle model of singles' and married couples' labor supply and savings decisions. The model includes heterogeneity by age, education, wealth, sex and household...
Persistent link: https://www.econbiz.de/10014305682
Persistent link: https://www.econbiz.de/10001246055
China and some other Asian countries have experienced skewed sex ratios, triggering intense competition and pressure in … the marriage market. Meanwhile, China has more smokers than any other country, with half of men smoke while few women … market in China – affects their fathers' smoking behavior. We utilize two household longitudinal surveys as well as a random …
Persistent link: https://www.econbiz.de/10012952611
children from one of China's poorest provinces, we find that both cognitive and noncognitive skills, measured when children are …
Persistent link: https://www.econbiz.de/10012962277
-cognitive characteristics. This paper evaluates the parental response to non-cognitive variation across siblings in rural Gansu province, China …
Persistent link: https://www.econbiz.de/10012915708
Persistent link: https://www.econbiz.de/10014429304
This paper examines the differences in welfare, as measured by per capita expenditure (PCE), between social groups in rural India across the entire welfare distribution. The paper establishes that the disadvantage suffered by two historically disadvantaged groups - Scheduled Castes (SCs) and...
Persistent link: https://www.econbiz.de/10012751010
In this paper we examine the role of mortgage equity withdrawal in explaining the decline of the US saving rate, since when house prices rise and mortgage rates are low, homeowners have an incentive to withdraw housing equity and this may affect the saving rate. We estimate a Vector Error...
Persistent link: https://www.econbiz.de/10009579380
This paper empirically investigates the effects of changes in the interest rate as well as transitory income uncertainty on households' consumption-savings decision. Applying a structural demand model to German survey data, we estimate the uncompensated interest rate elasticity for savings, in...
Persistent link: https://www.econbiz.de/10009261306