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Many households hold little wealth, especially liquid wealth. In precautionary savings models, absent preference heterogeneity, these households should display not only higher marginal propensities to consume (MPCs), but also lower average propensities to consume (APCs) and higher future...
Persistent link: https://www.econbiz.de/10012479167
little is known about their effects on exposure to environmental tobacco smoke (ETS). We study these laws in Canada using …
Persistent link: https://www.econbiz.de/10012462803
; Australia, Canada and the United Kingdom … Supply and Use framework. In Australia and United Kingdom, the supply and use framework is used to balance and benchmark the …. In Canada the supply and use framework is used to determine the level of GDP but not all of the components of the flow of …
Persistent link: https://www.econbiz.de/10012467579
Trade theorists have come to understand that their theory is ambiguous on the question: Are trade and factor flows substitutes? While this sounds like an open invitation for empirical research, hardly any serious econometric work has appeared in the literature. This paper uses history to fill...
Persistent link: https://www.econbiz.de/10012472755
Census data from international sources covering 77% of the world's migrant population indicate that the skill composition of migrants in major destination countries, including the US, has been rising over the last 4 decades. Moreover, the population share of skilled migrants has been approaching...
Persistent link: https://www.econbiz.de/10012456971
What is the socially optimal level of liquidity in a retirement savings system? Liquid retirement savings are desirable because liquidity enables agents to flexibly respond to pre-retirement events that raise the marginal utility of consumption. On the other hand, pre-retirement liquidity is...
Persistent link: https://www.econbiz.de/10012457499
accounts). We use survey data on household portfolios for the U.S., Canada, Australia, the U.K., Germany, France, Italy, and …
Persistent link: https://www.econbiz.de/10012458591
and the UK. Over the past three decades coverage remained fairly stable in Canada and Australia; in the UK and US coverage … Australia, Canada, the UK and US. Cross-country and time series variation in survey methodology and experience is used to assess …First, coverage of aggregate expenditure relative to national account is examined. Coverage rates are highest in Canada …
Persistent link: https://www.econbiz.de/10012459117
This paper explores the changing role of government involvement in health care financing policy outside the United States. It provides a review of the economics literature in this area to understand the implications of recent policy changes on efficiency, costs and quality. Our review reveals...
Persistent link: https://www.econbiz.de/10012459221
dynamics are documented here to be specific to the U.S. and Canada. In other developed economies residential investment is …
Persistent link: https://www.econbiz.de/10012460228