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The correct prediction of how alternative states of the world affect our lives is a cornerstone of economics. We study how accurate people are in predicting their future well-being when facing major life events. Based on individual panel data, we compare people's forecast of their life...
Persistent link: https://www.econbiz.de/10013016253
only reduce their commuting costs by reducing total labour supply. However, a labour supply model which also allows for … optimally chosen daily hours implies that commuting costs increase daily hours, whereas the effect on total labour supply is … commuting distance using the socio-economic panel data for Germany between 1997 and 2007. Endogeneity of commuting distance is …
Persistent link: https://www.econbiz.de/10013146827
were introduced in Germany in 1997 to reduce moral hazard and public health expenditures in the market for convalescent …
Persistent link: https://www.econbiz.de/10013127338
Posner (1995) proposes the redistribution of health spending from old women to old men to equalize life expectancy. His argument is based on the assumption that women's utility is higher if they are married. Thus, extending the lifespan of men would benefit women. Using life satisfaction data...
Persistent link: https://www.econbiz.de/10013009098
This paper examines the effect of copayments on doctor visits using the German health care reform of 2004 as a natural experiment. In January 2004, copayments of 10 euros for the first doctor visit in each quarter have been introduced for all adults in the statutory health insurance. Individuals...
Persistent link: https://www.econbiz.de/10012779359
society. In this paper we quantify for the first time the economic costs of fatal and non-fatal child maltreatment in the UK … lifetime costs of child maltreatment from a societal perspective. The discounted average lifetime incidence cost of non … largest contributors to this are costs from social care, short-term health and long-term labour market outcomes. The …
Persistent link: https://www.econbiz.de/10014259853
Previous studies report a range of estimates for the response of female labor supply and childcare attendance to childcare prices. We shed new light on these questions using a policy reform that raises the price of public daycare. After the reform, children are 8 percentage points less likely to...
Persistent link: https://www.econbiz.de/10012954997
Previous studies report a wide range of estimates for how female labor supply responds to childcare prices. We shed new light on this question using a reform that raised the prices of public daycare. Parents respond by reducing public daycare and increasing childcare at home. Parents also reduce...
Persistent link: https://www.econbiz.de/10013108224
We use longitudinal data describing couples in Australia from 2001-12 and Germany from 2002-12 to examine how … equivalent of the costs of the extra time stress is very large. While the departure of a child from the home reduces parents …
Persistent link: https://www.econbiz.de/10013029123
We study the effects of liquidity constraints and start-up costs on the relationship between wealth and the fraction of … function of individual wealth while the introduction of start-up costs tends to flatten this relationship. The theoretical … business start-up costs. We use three highly comparable micro datasets (SHARE, ELSA and HRS) providing harmonized data on …
Persistent link: https://www.econbiz.de/10013316960