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Class Size and Sorting in Market Equilibrium : Theory and Evidence

Urquiola, Miguel - 2007

productivity parameter, class size is a component of school quality, households are heterogeneous in income and hence willingness … to pay for school quality, and schools are subject to a class-size cap. The model offers an explanation for two distinct … approach in settings in which parents have substantial school choice and schools are free to set prices and influence their …

Persistent link: https://www.econbiz.de/10012465347

How Do Households Respond to Income Shocks?

Krueger, Dirk; Malkov, Egor; Perri, Fabrizio - National Bureau of Economic Research - 2023

We use panel data from the Italian Survey of Household Income and Wealth from 1991 to 2016 to document empirically what components of the household budget constraint change in response to shocks to household labor income, both over shorter and over longer horizons. We show that shocks to labor...

Persistent link: https://www.econbiz.de/10014437025

Secrets in Asset Purchases : Estimating the Unofficial Incomes of Officials

Deng, Yongheng; Wei, Shang-jin; Wu, Jing; Zhang, Rongjie - National Bureau of Economic Research - 2023

We estimate the size of the likely unofficial income of a household with a government official by the difference between the income that would be necessary to explain their observed home purchase behavior and the official income. Using unique and comprehensive administrative records on the House...

Persistent link: https://www.econbiz.de/10014372505

Is There Really an Inflation Tax? Not For the Middle Class and the Ultra-Wealthy

Wolff, Edward N. - National Bureau of Economic Research - 2023

One hallmark of U.S. monetary policy since the early 1980s has been moderation in inflation (at least, until recently). How has this affected household well-being? The paper first develops a new model to address this issue. The inflation tax on income is defined as the difference between the...

Persistent link: https://www.econbiz.de/10014421200

The Distributional Impacts of Indonesia's Financial Crisis on Household Welfare : A "Rapid Response" Methodology

Friedman, Jed - 2001

Analyzing the distributional impacts of economic crises is important and, unfortunately, an ever more pressing need. If policymakers are to intervene to help those most adversely impacted, then policymakers need to identify those who have been most harmed and the magnitude of that harm....

Persistent link: https://www.econbiz.de/10012470154

Does Money Protect Health Status? Evidence from South African Pensions

Case, Anne - 2001

The channels by which better health leads to higher income, and those by which higher income protects health status, are of interest to both researchers and policy makers. In general, quantifying the impact of income on health is difficult, given the simultaneous determination of health and...

Persistent link: https://www.econbiz.de/10012470223

Economic Status and Health in Childhood : The Origins of the Gradient

Case, Anne - 2001

We show that the well-known positive association between health and income in adulthood has antecedents in childhood. Using the National Health Interview Surveys, the Panel Study of Income Dynamics, and the National Health and Nutrition Examination Survey, we find that children's health is...

Persistent link: https://www.econbiz.de/10012470380

Preferences for Redistribution in the Land of Opportunities

Alesina, Alberto - 2001

The poor favor redistribution and the rich oppose it, but that is not all. Social mobility may make some of today's poor into tomorrow's rich and since redistributive policies do not change often, individual preferences for redistribution should depend on the extent and the nature of social...

Persistent link: https://www.econbiz.de/10012470457

Worker Displacement and the Added Worker Effect

Stephens, Melvin, Jr - 2001

This paper examines the effect of a husband's job loss on the labor supply of his wife, an effect known as the 'added worker' effect. Unlike past added worker effect studies which focus on the effect of the husband's current unemployment status, this paper analyzes the wife's labor supply...

Persistent link: https://www.econbiz.de/10012470464

The Middle Class Parent Penalty : Child Benefits in the U.S. Tax Code

Ellwood, David T. - 2000

Low-income families with children receive large tax benefits from the Earned Income Tax Credit, while high income taxpayers receive large tax benefits from dependent exemptions (whose value is greater to those in higher tax brackets). In contrast, middle-income parents receive substantially...

Persistent link: https://www.econbiz.de/10012470699

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