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lifecycle and between cohorts. We observe women who never have children beginning to out earn women who will have children … of two children also controls for age at first birth. Here, we find a decline in the gap from around $78,000 for our …
Persistent link: https://www.econbiz.de/10012110118
Child marriage is still widespread in countries across the Indian Subcontinent. The practice has important consequences for the health and well-being of the woman and the child. In this study, we examine the incidence of child marriage in Pakistan and the changes that have taken place over time...
Persistent link: https://www.econbiz.de/10012389440
Fertility rates have fallen below replacement levels in many economies. We examine the relationship between female … incomes and fertility for college graduates in the United States. Female income is likely endogenous to fertility, and … procedure to estimate two-sided bounds for the effect of female income on fertility. The effect of female income on fertility is …
Persistent link: https://www.econbiz.de/10015159202
Welfare States do not insure citizens against the risk of premature death, i.e., the risk of having a short life. Using a dynamic OLG model with risky lifetime, this paper compares two insurance devices reducing well-being volatility due to the risk of early death: (i) an ante-mortem age-based...
Persistent link: https://www.econbiz.de/10014432194
This paper examines the potential role of higher education subsidies as an insurance device against the risk of having a short life, that is, as a device reducing the variance in lifetime well-being due to unequal longevities. We use a two-period dynamic OLG economy with human capital and risky...
Persistent link: https://www.econbiz.de/10015163175
Although the attitude towards death was central to Stoic philosophy, economists studying the value of life paid little attention to Stoicism. The goal of this paper is to build an analytical bridge between Stoicism and the economic study of the value of life. We use writings of Epictetus, Seneca...
Persistent link: https://www.econbiz.de/10015166443
Increased wages and productivity associated with performance pay can be beneficial to both employers and employees. However, performance pay can also entail unintended consequences for workers' well-being. This study is the first to systematically examine the association between performance pay...
Persistent link: https://www.econbiz.de/10015159230
A small but significant literature concludes that terrorism impacts the economy, although the impact of mass-shooting has not yet been addressed by economists. We compare the economic effects of two tragedies: the 2013 Boston Marathon Bombing and the 2012 Sandy Hook School Shooting. Fatal...
Persistent link: https://www.econbiz.de/10012110427
This paper presents empirical evidence that racial diversity and immigrant population at the local level tend to be associated with lower life satisfaction for Whites by matching individual data with the county-level population data during the period 2005-2010. The magnitudes I find suggest that...
Persistent link: https://www.econbiz.de/10012114070
The COVID-19 pandemic has led many governments to implement lockdowns. While lockdowns may help to contain the spread of the virus, they may result in substantial damage to population well-being. We use Google Trends data to test whether the lockdowns implemented in Europe and America led to...
Persistent link: https://www.econbiz.de/10012221742