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Turnover and Price in the Housing Market: Causation, Association or Independence?
Hallberg, Daniel; Johansson, Per - 2002
We give general conditions for the data generating process to facilitate the testing of structural dependence of turnover on the average (or median) price in the homogenous housing market. Furthermore, the implications of aggregation over sub-markets is studied. A plausible explanation of the...
Persistent link: https://www.econbiz.de/10010321828
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Portfolios of the rich
Carroll, Christopher D. - 2000
perhaps there is exogenous variation in risk tolerance so that highly risk tolerant households engage in high-risk high …-return activities and the risk-lovers who are lucky constitute the rich A second possibility is that capital market imperfections a la … utility of anticipated bequests) implying that risk aversion declines as wealth rises The paper concludes that the overall …
Persistent link: https://www.econbiz.de/10010293507
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Estate division: Equal sharing as choice, social norm, and legal requirement
Erixson, Oscar; Ohlsson, Henry - 2014
The objective of this essay is to study to what extent parents divide their estates unequally between their children and the determinants of this decision. We use a new dataset based on the estate reports for almost 70,000 Swedish widows, widowers, divorcees and unmarried individuals who died...
Persistent link: https://www.econbiz.de/10011396725
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The equal division puzzle - empirical evidence on intergenerational transfers in Sweden
Ohlsson, Henry - 2007
The objective of this paper is to study to what extent parents divide their estates unequally between their children. Unequal sharing of parental transfers is, for example, a necessary condition for theories of altruistic (dynastic) behavior to hold. I use a new data set based on the estate...
Persistent link: https://www.econbiz.de/10010321579
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Tax Avoidance and Intra-Family Transfers
Nordblom, Katarina; Ohlsson, Henry - 2005
To what extent do people avoid taxes on intra-family transfers (bequests and gifts), and how would integration (unification) of the different transfers taxes affect tax avoidance? These issues are important for families and their welfare, as well as for governments and their possibilities of...
Persistent link: https://www.econbiz.de/10010321612
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Carnegie visits Nobel: Do inheritances affect labor and capital income?
Elinder, Mikael; Erixson, Oscar; Ohlsson, Henry - 2011
The objective of this paper is to study when and how much labor supply and savings of heirs respond to inheritances. We estimate fixed effects models following direct heirs, inheriting in 2004, during the years 2000 - 2008 using Swedish panel data. Our first main result is that the more the heir...
Persistent link: https://www.econbiz.de/10010321389
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Economic or non-economic factors: What empowers women?
Swain, Ranjula Bali; Wallentin, Fang Yang - 2008
Microfinance programs like Self Help Group Bank linkage program (SHG), aim to empower women through provision of financial services. We investigate this further to determine whether it is the economic or the non-economic factors that have a greater impact on empowering women. Using household...
Persistent link: https://www.econbiz.de/10010321453
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Are some athletes more cognitive skilled than others when choosing their opponents in skiing-sprint elimination tournaments?
Karlsson, Niklas; Lunander, Anders - 2022
estimation methods to investigate whether some athletes are found to be more tactical skilled in their decision making. Our …
Persistent link: https://www.econbiz.de/10014331151
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Solving consumption models with multiplicative habits
Carroll, Christopher D. - 2000
CRRA 'outer' utility function either for a microeconomic problem with both labor income risk and rate-of-return risk or for …
Persistent link: https://www.econbiz.de/10010293504
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Population and economic growth: Ancient and moderns
Brezis, Elise S.; Young, Warren - 2013
This paper focuses on the evolution of the relationship between population and economic growth from Hume to New Growth Theory. In the paper, we show that there were two main views on the subject. There were those who assumed that the relationship between fertility rates and income was positive....
Persistent link: https://www.econbiz.de/10010336007