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Social Norms and Moral Hazard
Dufwenberg, Martin; Lundholm, Michael - 1997
The probability of income loss depends on talent and effort. Effort has positive externalities and therefore individuals are proportion to their perceived diligence. The social norm requires more effort from individuals perceived as more talented, but talent is private information and...
Persistent link: https://www.econbiz.de/10010321801
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Welfare Costs of Catastrophes: Lost Consumption and Lost Lives
Martin, Ian W. R.; Pindyck, Robert S. - 2020
significantly increases the WTP to reduce consumption risk. Our work links the VSL and consumption disaster literatures. …
Persistent link: https://www.econbiz.de/10012419728
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Politische Klimaanpassungsentscheidungen in Deutschland - Defizite und Ansatzpunkte für Entscheidungsunterstützungssysteme
Trela, Karl - 2014
Klimaanpassungspolitik wird in Deutschland auf verschiedenen politischen Ebenen betrieben. Dieses Papier untersucht auf Grundlage der ökonomischen Theorie der Anpassungspolitik Defizite dieser Politikansätze. Diese liegen in erster Linie in den folgenden Bereichen: unklare Abgrenzung von...
Persistent link: https://www.econbiz.de/10010435182
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Weathering an unexpected financial shock: The role of cash grants on household finance and business survival
Gallagher, Justin; Hartley, Daniel; Rohlin, Shawn - 2019
We estimate the causal effect of cash grants on household finance and business survival following a natural disaster …. Disaster-affected individuals in high damage blocks with access to cash grants have 17% less credit card debt following the … disaster than those without access to cash grants. Grants do not reduce negative financial outcomes, but do decrease migration …
Persistent link: https://www.econbiz.de/10012429404
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Every man for himself: Gender, norms and survival in martime disasters
Elinder, Mikael; Erixson, Oscar - 2012
disadvantage in British shipwrecks, and that there seems to be no association between duration of a disaster and the impact of …
Persistent link: https://www.econbiz.de/10010321473
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Climatic fluctuations and the diffusion of agriculture
Ashraf, Quamrul; Michalopoulos, Stelios - 2013
This research examines variations in the diffusion of agriculture across countries and archaeological sites. The theory suggests that a society´s history of climatic shocks shaped the timing of its adoption of farming. Specifically, as long as climatic disturbances did not lead to a collapse of...
Persistent link: https://www.econbiz.de/10010420257
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What do exogenous shocks tell us about growth theories?
Noy, Ilan; Nualsri, Aekkanush - 2007
The sources of economic growth and development have been puzzling economists from the modern dawn of the profession. While the Solow-Swan neo-classical model dominated research on growth in the 1960s and 1970s, the 1980s saw the emergence of growth theories that disputed, largely on theoretical...
Persistent link: https://www.econbiz.de/10010285333
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The impact of medical and nursing home expenses and social insurance policies on savings and inequality
Kopecky, Karen A.; Koreshkova, Tatyana - 2010
We consider a life-cycle model with idiosyncratic risk in labor earnings, out-of-pocket medical and nursing home expenses, and survival. Partial insurance is available through welfare, Medicaid, and social security. Calibrating the model to the United States, we find that 12 percent of aggregate...
Persistent link: https://www.econbiz.de/10010292233
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Cigarette smoking and food insecurity among low-income families in the United States, 2001
Armour, Brian S.; Pitts, M. Melinda; Lee, Chung-won - 2007
The goal of this research is to quantify the association between food insecurity and smoking among low-income families. This analysis is a retrospective study using data from the 2001 Panel Study of Income Dynamics, a longitudinal study of a representative sample of U.S. men, women, and children...
Persistent link: https://www.econbiz.de/10010292353
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Beyond cash: Assessing externality and behaviour effects of non-experimental cash transfers
Ribas, Rafael Perez; Soares, Fábio Veras; Teixeira, … - 2010
decomposition to investigate whether changes in household outcomes are caused by the income transfer itself or by the other non … effect of a conditional cash transfer (CCT) programme on household consumption and savings in Paraguay. This was possible …
Persistent link: https://www.econbiz.de/10010293287