Showing 1 - 10 of 479
This paper investigates the relationship between income satisfaction of adult children and their relative economic … children appear to compare their actual economic status with that of their parents, deriving large satisfaction gains from an …
Persistent link: https://www.econbiz.de/10010315482
It has long been recognized that there is considerable heterogeneity in individual risk taking behavior but little is known about the distribution of risk taking types. We present a parsimonious characterization of risk taking behavior by estimating a finite mixture regression model for three...
Persistent link: https://www.econbiz.de/10014207351
Economics rests upon a set of presumptions about how human beings are affected by income. Yet causal evidence is scant. This paper reports a longitudinal study of randomly selected lottery winners. Remarkably, we show that it takes almost three years before they enjoy their money. We develop a...
Persistent link: https://www.econbiz.de/10010315565
Serious life events, such as the loss or the onset of a chronic condition may influence cognitive functioning. We examine whether the cognitive impact of such events is stronger if conditions very early in life were adverse, using Dutch lnogitudinal data of older persons. We exploit exogenous...
Persistent link: https://www.econbiz.de/10010273982
general life satisfaction question, differs between youths living in intact and non-intact families, holding many other …
Persistent link: https://www.econbiz.de/10010315518
This paper interprets accidents occurring on the way to and from work as negative health shocks to identify the causal … effect of health on labor market outcomes. We argue that in our sample of exactly matched treated and control workers, these … health shocks are quasi-randomly assigned. A fixed-effects difference-in-differences approach estimates a negative and …
Persistent link: https://www.econbiz.de/10010294889
This paper provides new estimates of the medium and long-term impacts of Head Start on the health and behavioral … neighboring a single discontinuity). Participation in the program reduces the incidence of behavioral problems, serious health …
Persistent link: https://www.econbiz.de/10010321475
This paper studies the evolution of life satisfaction over the life course in Germany. It clarifies the causal … and time effects. The empirical part analyzes the distribution of life satisfaction over the life course at the aggregated …, subgroup and individual level. To the findings: On average, life satisfaction is mildly decreasing up to age fifty …
Persistent link: https://www.econbiz.de/10010316897
In this paper, we examine whether adult education delays retirement and increases labour force participation among the … exit from the workforce is assessed by non-parametric estimation of survival rates in the labour force. The results … indicate no effects of adult education on the timing of retirement. …
Persistent link: https://www.econbiz.de/10010273961
deepening, and indirect effects, working through changes of taxes, government spending components and the retirement age in …. The closed-form solutions of the model predict taxation and the retirement age in OECD economies to increase in response … to demographic ageing and per-capita growth to accelerate. If the retirement age were held constant, the growth rate in …
Persistent link: https://www.econbiz.de/10011430084