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workers have a top ability if fertility is uncorrelated with ability and if the distribution of ability among sexually … necessarily eliminate inequality; nor does it disappear in the long run. Finally, if fertility is negatively correlated with …
Persistent link: https://www.econbiz.de/10010262438
This paper uses an overlapping generations model with international labor mobility and a politically responsive fiscal policy to examine aging in developed and developing regions. Migrant workers change the political structure composed of young and elderly voters in both labor-receiving and...
Persistent link: https://www.econbiz.de/10010269040
This paper presents an overlapping generations model to explain why humans live in families rather than in other pair groupings. Since most non-human species are not familial, something special must be behind the family. It is shown that the two necessary features that explain the origin of the...
Persistent link: https://www.econbiz.de/10010269437
In order to credibly sell legitimate children to their spouse, women must forego more attractive mating opportunities. This paper derives the implications of this observation for the pattern of matching in marriage markets, the dynamics of human capital accumulation, and the evolution of the...
Persistent link: https://www.econbiz.de/10010271277
This paper contributes to the already vast literature on demography-induced international capital flows by examining the role of labor market imperfections and institutions. We setup a two-country overlapping generations model with search unemployment, which we calibrate on EU15 and US data....
Persistent link: https://www.econbiz.de/10010282316
female labor supply and fertility. However, particularly in the last decade or so, the relationship across countries has been … positive: for example countries like Germany, Italy and Spain with the lowest fertility rates also have the lowest female … female labor supply and higher fertility. These results are strengthened when we take account of the heterogeneity among …
Persistent link: https://www.econbiz.de/10010262610
We evaluate the effect of a 2003 reform in the Spanish income tax on fertility and the employment of mothers with small … effect of the reform is ambiguous on both outcomes. We find that the combined reforms significantly increased both fertility …
Persistent link: https://www.econbiz.de/10010271318
This paper examines the effect of public assistance, labor market and marriage market conditions on the prevalence of single mother families across countries and over time. A multinomial logit derived from a random utility approach is estimated using individual-level data for 14 countries. I...
Persistent link: https://www.econbiz.de/10010274011
I study the impact of a universal child benefit on fertility and family well-being. I exploit the unanticipated … that the benefit did lead to a significant increase in fertility, as intended, part of it coming from an immediate … results suggest that child benefits of this kind may successfully increase fertility, as well as affecting family well …
Persistent link: https://www.econbiz.de/10010280652
The apparently unrelenting growth in the GDP-share of health spending (SHS) has been a perennial issue of policy concern. Does an equilibrium limit exist? The issue has been left open in recent dynamic models which take income growth and population aging as given. We view these variables as...
Persistent link: https://www.econbiz.de/10010333275