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This paper examines U.S. family exchange and support, its levels and trends. The paper points out the importance of … demographics and geographic mobility in affecting the amount and form of family exchange. It then considers family economic … family altruism and risk sharing. The paper paints a very pessimistic picture. Demographic, geographic, and economic …
Persistent link: https://www.econbiz.de/10012474899
This paper examines U.S. family exchange and support, its levels and trends. The paper points out the importance of … demographics and geographic mobility in affecting the amount and form of family exchange. It then considers family economic … family altruism and risk sharing. The paper paints a very pessimistic picture. Demographic, geographic, and economic …
Persistent link: https://www.econbiz.de/10013245522
We develop, apply, and test a new measure of the marriage tax - the reduction in future spending from getting married - using SCF and ACS data. Our measure incorporates all major and most minor U.S. tax and benefit programs. And it assumes clone marriage - marrying oneself - to ensure the...
Persistent link: https://www.econbiz.de/10013334378
The model predicts a near doubling of the ratio of high- to low-skilled wages over the century. Increasing wage inequality arises from a traditional source -- a rising worldwide relative supply of unskilled labor, reflecting Chinese and Indian productivity improvements. But China's and India's...
Persistent link: https://www.econbiz.de/10012464120
Will incomes of low and high skilled workers continue to diverge? Yes says our paper's dynamic, six-good, five-region -- U.S., Europe, N.E. Asia (Japan, Korea, Taiwan, Hong Kong), China, and India -- general equilibrium, life-cycle model.The model predicts a near doubling of the ratio of high-...
Persistent link: https://www.econbiz.de/10013240647
may not otherwise be available. Within the family there is a degree of trust and a level of information which alleviates … families can provide insurance against uncertain dates of death. Death risk sharing family arrangements effectively constitute … in annuities, these risk sharing arrangements provide powerful economic incentives for marriage and family formation. The …
Persistent link: https://www.econbiz.de/10012478786