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Altruism, Fertility, and the Value of Children: Health Policy Evaluation and Intergenerational Welfare
Birchenall, Javier A.; Soares, Rodrigo R. - Institute for the Study of Labor (IZA) - 2007
This paper accounts for the value of children and future generations in the evaluation of health policies. This is achieved through the incorporation of altruism and fertility in a "value of life" type of framework. We are able to express adults’ willingness to pay for changes in child...
Persistent link: https://www.econbiz.de/10005822923
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Estimating the social value of higher education: willingness to pay for community and technical colleges
Blomquist, Glenn C.; Coomes, Paul A.; Jepsen, Christopher; … - 2009
Much is known about private returns to education in the form of higher earnings. Less is known about social value, over and above the private, market value. Associations between education and socially-desirable outcomes are strong, but disentangling the effect of education from other causal...
Persistent link: https://www.econbiz.de/10010269055
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The effect of power outages and cheap talk on willingness to pay to reduce outages
Carlsson, Fredrik; Martinsson, Peter; Akay, Alpaslan - 2009
Using an open-ended contingent valuation survey, we analyze how (i) experience of a power outage due to one of the worst storms ever to hit Sweden and (ii) a cheap talk script affect respondents' WTP to avoid power outages. Experience significantly increases and a cheap talk script decreases the...
Persistent link: https://www.econbiz.de/10010269423
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Willingness to Pay for Carbon Mitigation: Field Evidence from the Market for Carbon Offsets
Rodemeier, Matthias - 2023
What do markets for voluntary climate protection imply about people's valuations of en- vironmental protection? I study this question in a large-scale field experiment (N=255,000) with a delivery service, where customers are offered carbon offsets that compensate for emissions. To estimate...
Persistent link: https://www.econbiz.de/10014296683
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Partial identification of willingness-to-pay using shape restrictions with an application to the value of a statistical life
Sojourner, Aaron J. - 2010
in levels of fatal risk. The paper contrasts VSL estimates from conventional analysis with the bounds obtained under this …
Persistent link: https://www.econbiz.de/10010272632
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Does custody law affect family behavior in and out of marriage?
Böheim, René; Francesconi, Marco; Halla, Martin - 2012
We examine the effect of joint custody on marriage, divorce, fertility and female employment in Austria using …
Persistent link: https://www.econbiz.de/10010291434
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Risk, delegation, and project scope
Roider, Andreas - 2007
exogenous risk and delegation. That is, we show that only if exogenous risk is sufficiently large, the risk-neutral principal … may prefer to delegate authority over decisions to the risk-averse agent. Intuitively, for incentive reasons, the … principal may optimally want to allow the agent to reduce his risk exposure. Nevertheless, even endogenous risk may be higher …
Persistent link: https://www.econbiz.de/10010268503
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The gender wage gap as a function of educational degree choices in an occupationally segregated EU country
Livanos, Ilias; Pouliakas, Konstantinos - 2009
in the type of degree studied can explain an additional 8.4% of the male-female pay gap. Risk-augmented earnings …
Persistent link: https://www.econbiz.de/10010269462
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Heterogeneous life-cycle profiles, income risk and consumption inequality
Primiceri, Giorgio E.; van Rens, Thijs - 2007
Was the increase in income inequality in the US due to permanent shocks or merely to an increase in the variance of transitory shocks? The implications for consumption and welfare depend crucially on the answer to this question. We use CEX repeated cross-section data on consumption and income to...
Persistent link: https://www.econbiz.de/10010276396
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Risk, institutions and growth: Why England and not China?
Greif, Avner; Iyigun, Murat; Sasson, Diego - 2011
We analyze the role of risk-sharing institutions in transitions to modern economies. Transitions requires individual …-level risk-taking in pursuing productivity-enhancing activities including using and developing new knowledge. Individual …-level, idiosyncratic risk implies that distinct risk-sharing institutions - even those providing the same level of insurance - can lead to …
Persistent link: https://www.econbiz.de/10010278525