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Dynasties and destiny : on the roles of altruism and impatience in the evolution of consumption and bequests
Stark, Oded; Falk, Ita - 2000
Persistent link: https://www.econbiz.de/10001583851
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Dynasties and destiny : on the roles of altruism and impatience in the evolution of consumption and bequests
Stark, Oded; Falk, Ita - 2000
We study the joint role of altruism and impatience, and the impact of evolution in the formation of long-term time preferences and in the determination of optimal consumption and optimal bequests. We show how the consumption paths of dynasties relate to altruism and to impatience and we reason...
Persistent link: https://www.econbiz.de/10009724435
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Relative deprivation as a cause of risky behaviors
Stark, Oded - 2019
Combining a standard measure of concern about low relative wealth and a standard measure of relative risk aversion … economists. We obtain two results: (1) Holding individual i's wealth and his rank in the wealth distribution constant, the … wealth of the individuals who are wealthier than he is. (2) If relative deprivation enters the individual's utility function …
Persistent link: https://www.econbiz.de/10012131590
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Relative deprivation as a cause of risky behaviors
Stark, Oded - 2019
Combining a standard measure of concern about low relative wealth and a standard measure of relative risk aversion … economists. We obtain two results: (1) Holding individual i’s wealth and his rank in the wealth distribution constant, the … wealth of the individuals who are wealthier than he is. (2) If relative deprivation enters the individual’s utility function …
Persistent link: https://www.econbiz.de/10012136176
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Relative deprivation as a cause of risky behaviors
Stark, Oded - 2019
We estimate the long-term effects of start-up subsidies (SUS) for the unemployed on subjective outcome indicators of well-being, as measured by the participants' satisfaction in different domains. This extends previous analyses of the current German SUS program ("Gründungszuschuss") that...
Persistent link: https://www.econbiz.de/10012136864
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Can the evolution of joint savings agreements counter the effect of higher costs of migration on its intensity?
Stark, Oded; Jakubek, Marcin - 2022
In this paper we consider a population of would-be migrants in a developing country. To begin with, this population is divided into two sets: those who save by themselves to pay for the cost of their migration, and those who pool their savings with the savings of another would-be migrant to pay...
Persistent link: https://www.econbiz.de/10013480239
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Risk-laden migration as a response to relative deprivation: A hypothesis
Stark, Oded - 2022
Received migration research has it that higher relative deprivation strengthens the incentive for people to migrate, and that migration is often a risky enterprise. Relative deprivation has been seen as a push factor in migration, and the level of risk involved in migration has been understood...
Persistent link: https://www.econbiz.de/10013480243
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Risk-laden Migration as a Response to Relative Deprivation: A Hypothesis
Stark, Oded - 2023
Received migration research has it that higher relative deprivation strengthens the incentive for people to migrate, and that migration is often a risky enterprise. Relative deprivation has been seen as a push factor in migration, and the level of risk involved in migration has been understood...
Persistent link: https://www.econbiz.de/10014296652
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On a Tendency in Health Economics to Dwell on Income Inequality and Underestimate Social Stress
Stark, Oded - 2023
Social stress can cause physical and mental harm. It is therefore not surprising that public health policy makers have sought to identify and implement policies aimed at tackling this social ill. A frequently prescribed remedy is to reduce social stress by reducing income inequality, which is...
Persistent link: https://www.econbiz.de/10014296874
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On a tendency in health economics to dwell on income inequality and underestimate social stress
Stark, Oded - 2023
Social stress can cause physical and mental harm. It is therefore not surprising that public health policy makers have sought to identify and implement policies aimed at tackling this social ill. A frequently prescribed remedy is to reduce social stress by reducing income inequality, which is...
Persistent link: https://www.econbiz.de/10014471688