Showing 1 - 10 of 27
Characteristics of couples on or about their wedding day and characteristics of weddings have been shown to predict marital outcomes. Little is known, however, about how the dates of the weddings predict marriage durability. Using Dutch marriage and divorce registries from 1999-2013, this study...
Persistent link: https://www.econbiz.de/10011559696
This paper proposes a dynamic structural model of labour market and childcare choices for couples within a collective model of decision making. We formalise explicitly the need for childcare as a function of the age structure of the children population in the household then examine the...
Persistent link: https://www.econbiz.de/10012005849
We investigate the relation of further training and employees' affective commitment. In doing so, we distinguish … training is associated with the affective commitment of their employees and on the other hand how individual participation in … further training relates to affective commitment. Using the Linked Personnel Panel (LPP), which is a longitudinally linked …
Persistent link: https://www.econbiz.de/10011873407
Incomplete information is a commitment device for time consistency problems. In the context of time consistent labor …
Persistent link: https://www.econbiz.de/10010262302
This paper considers education investment and public education subsidies in closed and open economies with an extortionary government. The extortionary government in a closed economy has incentives to subsidize education in order to overcome a hold-up problem of time consistent taxation, similar...
Persistent link: https://www.econbiz.de/10010262447
This paper compares education investment in closed and open economies without government and with a benevolent government. The fact that the time consistency problem in taxation can make labor mobility beneficial even if governments are fully benevolent – which is known from other contexts –...
Persistent link: https://www.econbiz.de/10010262452
We study the process of endogenous democratization from inefficient oligarchic systems in an economy where heterogeneous individuals can get involved in predation activities. The features of democracies are shown to be crucially related to the conditions under which democratization initially...
Persistent link: https://www.econbiz.de/10010267866
commitment to not reforming the military in the future. …
Persistent link: https://www.econbiz.de/10010271578
We provide a model with endogenous portfolios of secured and unsecured household debt. Secured debt is collateralized by owner-occupied housing whereas unsecured debt can be discharged according to bankruptcy regulations. We show that the calibrated model matches important quantitative...
Persistent link: https://www.econbiz.de/10010278362
Time-inconsistent, present-biased agents may hold commitment assets hoping to keep their current and future present … bias in check. Paternalistic governments, in an effort to help such people, routinely offer commitment machinery such as … commitment assets recognizes a trade- off: while use of commitment technologies thwarts deviation from pre-selected paths, they …
Persistent link: https://www.econbiz.de/10012207850