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This research analyzes the contemporaneous and intertemporal relationship between the demands for alcohol and marijuana by youths and young adults. A general theory of multi-commodity habit formation is developed and tested using data from the 1983-1984 waves of the National Longitudinal Survey...
Persistent link: https://www.econbiz.de/10012472468
Do adult children affect the care elderly parents provide each other? We develop two models in which the anticipated … behavior of adult children provides incentives for elderly parents to increase care for their disabled spouses. The … "demonstration effect" postulates that adult children learn from a parent's example that family caregiving is appropriate behavior …
Persistent link: https://www.econbiz.de/10012464320
A subset of harm reduction strategies encourages individuals to switch from a harmful addictive good to a less harmful addictive good; examples include e-cigarettes (substitutes for combustible cigarettes) and methadone and buprenorphine (substitutes for opioids). Such harm reduction methods have...
Persistent link: https://www.econbiz.de/10014226123
Persistent link: https://www.econbiz.de/10003742433
This paper formulates and estimates multistage production functions for children's cognitive and noncognitive skills … investment in children compared to later remediation. We establish nonparametric identification of a general class of production … targeting of interventions to children with different parental and personal birth endowments. Substitutability decreases in …
Persistent link: https://www.econbiz.de/10012462910
We develop a new estimator for the process of children's skill formation in which children's skills endogenously …We use our identification results to develop a sequential estimation algorithm for the joint dynamic process of … United States, we estimate the technology of skill formation, the process of parental investments in children, and the adult …
Persistent link: https://www.econbiz.de/10012456235
A recent and growing area of research applies latent factor models to study the development of children's skills. Some … estimation. We show that these KLS production functions are already restricted in the sense that their location and scale is …
Persistent link: https://www.econbiz.de/10012456236
Whereas studies have established the intra-household distribution of resources affects allocation decisions, little is known about how these decisions are affected by the distribution of resources among co-resident and non co-resident extended family members. Drawing on theoretical models of...
Persistent link: https://www.econbiz.de/10012457964
We exploit the changes in the distribution of family income to estimate the effect of parental resources on college education. Our strategy exploits the fact that families at the bottom of the income distribution were much poorer in the 1990s than they were in the 1970s, while the opposite is...
Persistent link: https://www.econbiz.de/10012470752
Persistent link: https://www.econbiz.de/10013489842