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We establish the Hurwicz-Uzawa integrability of the broad class of discrete-choice additive random-utility models of individual consumer behavior with perfect substitutes preferences and divisible goods. We derive the corresponding indirect uility function and then establish a representative...
Persistent link: https://www.econbiz.de/10013334349
Which income group is pro-globalization or anti-globalization--the wealthy skilled-labor or the poor low-skilled labor? How globalization affect income-based attitudes towards globalization? The paper addresses these issues in the framework of a small open economy which trades in goods and...
Persistent link: https://www.econbiz.de/10013477205
For birth cohorts 1935-44, 1945-62, and 1964-74, we estimate the contribution of education; permanent heterogeneity in wage rates, employment, and hours; labor market shocks; spouse characteristics and shocks; nonlabor income shocks; and marital histories to the age profiles of the variance of...
Persistent link: https://www.econbiz.de/10015145073
households is a more important explanation for the recent decline in the household saving rate. However, it is likely that other …
Persistent link: https://www.econbiz.de/10015145132
We conducted a large-scale field experiment to calibrate phone messaging to its potential of overcoming behavioral barriers to maternal care uptake in the countryside of a developing country, where a significant share of women forgoes life-saving maternity-related care even when within reach....
Persistent link: https://www.econbiz.de/10013462729
Economics research has largely overlooked non-binary individuals. We aim to jump-start the literature by providing data on several economically-important beliefs and preferences. Among many results, non-binary individuals report more gender-based discrimination and express different career and...
Persistent link: https://www.econbiz.de/10014512076
Since the 2000s, economists across fields have increasingly used consumer credit reporting data for research. We introduce readers to the economics of and the institutional details of these data. Using examples from the literature, we provide practical guidance on how to use these data to...
Persistent link: https://www.econbiz.de/10015056115
quantitative model of the household in which preferences towards parental leave respond to peer behavior. We distinguish households …
Persistent link: https://www.econbiz.de/10015056165
We measure health inequality during middle and old age by race, ethnicity, and gender and evaluate the extent to which it can explain inequalities in other key economic outcomes using the Health and Retirement Study data set. Our main measure of health is frailty, which is the fraction of one's...
Persistent link: https://www.econbiz.de/10015072912
are some households that do not face idiosyncratic undiversifiable risk. Our sufficient statistics methodology allows for …' prices over time, and repeated cross-sectional information on households' income, balance sheets, and expenditures. We … most households, particularly younger and poorer households. Our estimates can be used to study the welfare consequences of …
Persistent link: https://www.econbiz.de/10014576596