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In this paper we utilize a model of household investments in the development of children to explore the impact of …
Persistent link: https://www.econbiz.de/10013047880
objectives of higher employment and lower poverty levels.In this paper we present a simulation exercise to examine labour supply …
Persistent link: https://www.econbiz.de/10013011178
Much of macroeconomics is concerned with the allocation of physical capital, human capital, and labor over time and across people. The decisions on savings, education, and labor supply that generate these variables are made within families. Yet the family (and decision-making in families) is...
Persistent link: https://www.econbiz.de/10012996540
approximately 3000 GBP a year per child. We use administrative births microdata and household survey data to estimate the impact of …
Persistent link: https://www.econbiz.de/10014030822
We analyze the fertility and health effects resulting from the abolition of the Austrian baby bonus in January 1997. The abolition of the benefit was publicly announced about ten months in advance, creating the opportunity for prospective parents to (re-)schedule conceptions accordingly. We find...
Persistent link: https://www.econbiz.de/10013117845
China's household saving rate has increased markedly since the mid-1990s and the age-saving profile has become U … permanent variance of household income was stable, the transitory variance rose sharply. Based on these estimates, we calibrate … household savings rate and the U-shaped age-profile of savings …
Persistent link: https://www.econbiz.de/10013135632
combining data from multiple surveys, we create an integrated measure of volatility in available household resources, accounting …
Persistent link: https://www.econbiz.de/10013098821
Past estimates of the effect of family income on child development have often been plagued by endogeneity and measurement error. In this paper, we use an instrumental variables strategy to estimate the causal effect of income on children's math and reading achievement. Our identification derives...
Persistent link: https://www.econbiz.de/10013104955
This paper examines labour supply adjustment – both hours worked and participation decisions. We focus on the response of each to financial shocks, employing data from the BHPS. Estimated responses are broadly consistent with models of self-insurance that incorporate labour supply flexibility....
Persistent link: https://www.econbiz.de/10013106965
While most studies on wealth inequality focus on the inequality between households, this paper examines the distribution of wealth within couples. For this purpose, we make use of unique individual level micro data from the German Socio-Economic Panel Study (SOEP). In married and cohabiting...
Persistent link: https://www.econbiz.de/10013074897