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Using a collective model of consumption, we characterize optimal commodity taxes aimed at targeting specific individuals within the household. The main message is that distortionary indirect taxation can circumvent the agency problem of the household. Essentially, taxation should discourage less...
Persistent link: https://www.econbiz.de/10009730373
We study the impacts of COVID-19 on domestic violence and family stress. Our empirical analysis relies on a unique online survey, the Canadian Perspective Survey Series, which allows us to investigate the mechanisms through which COVID-19 may affect family stress and domestic violence. We find...
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This paper investigates parental time investment in children prior to formal schooling as a source of intergenerational income persistence in the U.S. I develop a dynamic general equilibrium model where lifetime income endogenously persists across generations through multiple channels. My model...
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Risk-taking behavior is highly correlated between parents and their children; however, little is known about the extent to which these relationships are genetic or determined by environmental factors. We use data on stock market participation of Swedish adoptees and relate this to the investment...
Persistent link: https://www.econbiz.de/10011297344
Wealth is highly correlated between parents and their children; however, little is known about the extent to which these relationships are genetic or determined by environmental factors. We use administrative data on the net wealth of a large sample of Swedish adoptees merged with similar...
Persistent link: https://www.econbiz.de/10011297345
While recent research finds strong evidence that birth order affects children's outcomes such as education, IQ scores, and earnings, the evidence for effects on health is more limited. This paper uses a large dataset on the population of Norway and focuses on the effect of birth order on a range...
Persistent link: https://www.econbiz.de/10011297348