Showing 1 - 10 of 115
This paper examines the determinants of informal sanctions by a large number of experiments.
Persistent link: https://www.econbiz.de/10005846433
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
. 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
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
The empirical evidence suggests that parents use inter vivos gifts (i.e., transfers of tangible and financial property) to compensate less well off children whereas post mortem bequests are divided equally among siblings. We study a theoretical model assuming, first, that the amounts given is...
Persistent link: https://www.econbiz.de/10010321811
Economic organization of the imaginary worlds depicted in popular literary works may be viewed as a mirror to public opinion on the economic organization of life. If a book becomes a best-seller, it is because the book conveys messages, feelings, and events the readers can relate to. In other...
Persistent link: https://www.econbiz.de/10013204751
This paper investigates the implications of an endogenous social work norm for the optimal welfare state program. Assuming that individual productivity is observable, the analysis finds that restrictions on program participation, implying a larger benefit to a smaller group of recipients, may be...
Persistent link: https://www.econbiz.de/10013208547
by work absence. The experiment altered the work absence incentives for half of all employees living in Göteborg, Sweden …
Persistent link: https://www.econbiz.de/10010273918