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This paper uses a rich Norwegian dataset to re-examine the causal relationship between family income and child outcomes. Motivated by theoretical predictions and OLS results that suggest a nonlinear relationship, we depart from previous studies in allowing the marginal effects on children's...
Persistent link: https://www.econbiz.de/10010269833
This paper uses a rich Norwegian dataset to re-examine the causal relationship between family income and child outcomes. Motivated by theoretical predictions and OLS results that suggest a nonlinear relationship, we depart from previous studies in allowing the marginal effects on children’s...
Persistent link: https://www.econbiz.de/10003969719
This paper uses a rich Norwegian dataset to re-examine the causal relationship between family income and child outcomes. Motivated by theoretical predictions and OLS results that suggest a nonlinear relationship, we depart from previous studies in allowing the marginal effects on children's...
Persistent link: https://www.econbiz.de/10013141749
of lottery wins. Our first contribution is to estimate the earnings responses to these windfall gains, finding …-tax labor earnings by about 50 cents, decreases total labor taxes by 10 cents, and increases consumption by 60 cents. These … reducing their earnings by a larger amount. Our second contribution is to develop and apply a rich life-cycle model in which …
Persistent link: https://www.econbiz.de/10013220867
Persistent link: https://www.econbiz.de/10011417659
Persistent link: https://www.econbiz.de/10012156718
A major difficulty faced by researchers who want to study the consumption and savings behavior of households is the lack of reliable panel data on household expenditures. One possibility is to use surveys that follow the same households over time, but such data are rare and they typically have...
Persistent link: https://www.econbiz.de/10012172449
Persistent link: https://www.econbiz.de/10010389613
What do labor income dynamics look like over the life-cycle? What is the relative importance of persistent shocks, transitory shocks and heterogeneous profiles? To what extent do taxes, transfers and the family attenuate these various factors in the evolution of life-cycle inequality? In this...
Persistent link: https://www.econbiz.de/10010238207
What do labor income dynamics look like over the life-cycle? What is the relative importance of persistent shocks, transitory shocks and heterogeneous profi les? To what extent do taxes, transfers and the family attenuate these various factors in the evolution of life-cycle inequality? In this...
Persistent link: https://www.econbiz.de/10010230961