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We document that home ownership of households with 'heads' aged 25-44 years fell substantially between 1980 and 2000 and recovered only partially during the 2001-2005 housing boom. The 1980-2000 decline in young home ownership occurred as improvements in mortgage opportunities seemingly made it...
Persistent link: https://www.econbiz.de/10010292126
In this paper we study the importance of marriage for interstate risk sharing. We find that US states in which married … more aggregated state-level. Quantitatively, the impact of marriage on interstate risk sharing varies over divorce regimes. …
Persistent link: https://www.econbiz.de/10010294898
of these custody law reforms on the incidence of marriage and divorce. Our identification strategy exploits the different … data suggest that the introduction of joint custody led to a long-run increase in marriage rates. There is no convincing … dampened the persistent downturn in marriage. Our empirical evidence is fully consistent with the supposition that these …
Persistent link: https://www.econbiz.de/10010294901
During the last few decades cultural changes have been taking place in many countries due to migration. The degree to which the foreign culture influences the local culture, differs across countries. This paper shows how the willingness of locals and immigrants to intermarry influences the...
Persistent link: https://www.econbiz.de/10010335974
. Motivated by these observations, we develop a life-cycle model with heterogeneous agents, marriage and divorce and use it to … study the impact of two mechanisms on labor supply: (i) differences in marriage stability and (ii) differences in tax … systems, and as we replace the U.S. divorce and marriage rates with their European equivalents. We find that the divorce and …
Persistent link: https://www.econbiz.de/10010321445
Economic integration in South Asia is governed by India's relations with the other economies of the region and it is also at the helm of all trade facilitation and transit issues of the region. Concessions given by India under SAFTA for LDCs have greatly benefitted Bangladesh and concessions to...
Persistent link: https://www.econbiz.de/10011807669
This paper examines the impact of the recent wave of trade liberalization and economic reform on employment. Four alternative measures of openness and four measures of the real exchange rate are used to measure the impact of trade reforms on manufacturing and economy-wide employment. Across a...
Persistent link: https://www.econbiz.de/10010326980
Este trabajo intenta responder a la pregunta de cuál ha sido el efecto de la liberalización comercial y financiera sobre la desigualdad y la pobreza en América Latina. Para esto, proponemos una metodología para estimar el efecto de la liberalización económica sobre la desigualdad y la...
Persistent link: https://www.econbiz.de/10010327139
Since the mid-1980s a profound change of direction in the structural policies of the region has taken place. The development model based on protecting national markets and state intervention was replaced by a set of policies aimed primarily at seeking to improve efficiency, facilitate the...
Persistent link: https://www.econbiz.de/10010327166
Este documento es una actualización del trabajo original, y tiene como objeto describir y medir el avance de las reformas estructurales, utilizando para ello un índice de políticas estructurales que resume el estado de progreso de las políticas en las áreas comercial, financiera,...
Persistent link: https://www.econbiz.de/10010327186