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There were substantial fluctuations in the numbers of American overseas travelers, especially before World War II. These fluctuations in travel around the robust, long term upward trend are the focus of this paper. We first identify those fluctuations in the raw data and then try to explain the...
Persistent link: https://www.econbiz.de/10012463801
limit the nationwide emissions reductions from such advances. Using a multi-period numerical simulation model, we find that …
Persistent link: https://www.econbiz.de/10012463313
Tourism today is an activity of substantial economic importance worldwide, and has been for some time. Tourism is also …'s establishing special accounts on travel and tourism. In this paper we investigate the long term rise in overseas travel by … as mass tourism. We document this rise by compiling a long term series on overseas travel, and describe the changes in …
Persistent link: https://www.econbiz.de/10012464669
While Americans are less healthy than Europeans along some dimensions (like obesity), Americans are significantly less likely to smoke than their European counterparts. This difference emerged in the 1970s and it is biggest among the most educated. The puzzle becomes larger once we account for...
Persistent link: https://www.econbiz.de/10012466545
Americans average 25.1 working hours per person in working age per week, but the Germans average 18.6 hours. The average American works 46.2 weeks per year, while the French average 40 weeks per year. Why do western Europeans work so much less than Americans? Recent work argues that these...
Persistent link: https://www.econbiz.de/10012467406
Tourism is a fast-growing services sector in developing countries. This paper combines a rich collection of Mexican … consequences of tourism both locally and in the aggregate. We find that tourism causes large and significant local economic gains … regions, so that the national gains from trade in tourism are mainly driven by a classical market integration effect …
Persistent link: https://www.econbiz.de/10012456375
American workweeks are long compared to other rich countries'. Much less well-known is that Americans are more likely to work at night and on weekends. We examine the relationship between these two phenomena using the American Time Use Survey and time-diary data from 5 other countries. Adjusting...
Persistent link: https://www.econbiz.de/10012458219
, we show the distributional effects of mass tourism depend on this heterogeneity: following rent increases due to growing …
Persistent link: https://www.econbiz.de/10014528344
charged averages 66 cents per dollar of premium. These findings, developed in an extensive micro simulation study by Caldwell …
Persistent link: https://www.econbiz.de/10012471422
This paper develops, calibrates, and simulates a dynamic 88-period OLG model to study the intergenerational transmission of U.S. wealth inequality via bequests. The model features marriage, realistic fertility patterns, random death, assortative mating based on skills, heterogeneous skill...
Persistent link: https://www.econbiz.de/10012471605