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Previous findings on punishment have focused on environments in which the outcomes are known with certainty. In this paper, we conduct experiments to investigate how punishment affects cooperation in a two-person stochastic prisoner's dilemma environment where each person can decide whether or...
Persistent link: https://www.econbiz.de/10013224395
family and fertility practices, and attitudes in the job market). It is, however, the pervasive evidence of the resilience of …
Persistent link: https://www.econbiz.de/10013136354
report cards in Mexico. The report cards increased parental knowledge and shifted parental attitudes about children's weight …. We observe no meaningful changes in parental behaviors or children's body mass index. Interestingly, parents of children …
Persistent link: https://www.econbiz.de/10013077643
This paper presents direct evidence for relational contracts in sovereign bank lending. Unlike the existing empirical literature, its instrumental variables method allows for distinguishing a direct influence of past repayment problems on current spreads (a "punishment" effect in prices) from an...
Persistent link: https://www.econbiz.de/10013048575
black South African children under age five live with a pension recipient. My estimates suggest that pensions received by …
Persistent link: https://www.econbiz.de/10013219970
may not otherwise be available. Within the family there is a degree of trust and a level of information which alleviates … families can provide insurance against uncertain dates of death. Death risk sharing family arrangements effectively constitute … in annuities, these risk sharing arrangements provide powerful economic incentives for marriage and family formation. The …
Persistent link: https://www.econbiz.de/10013221542
This paper proposes and analyzes a life-cycle model of consumption by couples. The model is considerably more complicated than the standard model for singles because it has to account for the welfare of a surviving spouse. The determinants of consumption are the survival paths of each spouse,...
Persistent link: https://www.econbiz.de/10013235278
developing countries. These intra-family flows mean that public policies may affect a very different group of people than the one … eligibility. We also find that the drop in labor supply diminishes with family size, as the pension money is split over more … findings suggest that power within the family might play an important role: (1) labor supply drops less when the pension is …
Persistent link: https://www.econbiz.de/10013235599
on the children who live with them. We find, in households that pool income, that the pension protects the health of all …
Persistent link: https://www.econbiz.de/10013239169
This paper constructs a model of retirement and saving by two earner couples. The model includes three dimensions of behavior: the joint determination of retirement and saving; heterogeneity in time preference; and the interdependence of retirement decisions of husbands and wives. Estimation is...
Persistent link: https://www.econbiz.de/10013244905