Showing 1 - 10 of 445
Persistent link: https://www.econbiz.de/10000994348
Persistent link: https://www.econbiz.de/10001418804
Persistent link: https://www.econbiz.de/10009533492
Persistent link: https://www.econbiz.de/10003814089
Persistent link: https://www.econbiz.de/10008842289
Persistent link: https://www.econbiz.de/10001236494
Persistent link: https://www.econbiz.de/10011993547
Persistent link: https://www.econbiz.de/10003812624
This paper studies how the risk of divorce affects the human capital decisions of a young couple. We consider a setting … where complete specialization (one of the spouses uses up all the education resources) is optimal with no divorce risk … symmetric allocation will become more attractive as the probability of divorce increases, if risk aversion is high and/or labor …
Persistent link: https://www.econbiz.de/10009674949
This paper shows that the combination of habit formation - present consumption creating additional consumption needs in the future - and myopia may explain why some retirees are forced to "unretire", i.e., unexpectedly return to work. It also shows that when myopia about habit formation leads to...
Persistent link: https://www.econbiz.de/10003730377