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A hedonic study of residential house sales in Rawlins, Wyoming, was conducted to estimate the impact of an environmental shock from a new point source upon adjacent residential property values. We use a unique data base of house sale prices and associated house attributes, including structural...
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This paper uses a maximum likelihood procedure that accounts for unobserved heterogeneity in the sample to implement a preference-based model to assess factors that influence parents' likelihood of losing their composure and physically abusing their children. A basic supposition of the model is...
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We develop a dynamic model of intrahousehold allocation to examine how parental time and resource investment trade-offs combine intertemporally to affect child human-capital development. The model allows parents' endogenous child investments, labor supply, and leisure choices to be determined...
Persistent link: https://www.econbiz.de/10009206975
We use parents' decisions to treat their children's body burdens of lead to infer parental ex ante willingness to pay for reduced burdens. Willingness to pay is estimated with a data set containing 256 observations; the data were originally gathered to assess the impact of children's body lead...
Persistent link: https://www.econbiz.de/10008457636
This article discusses issues involved in inferring the economic value of children's health from estimates of the value of adult health. A central theme is that if health benefit transfers across individuals are to be useful to policy makers, they must be founded on analytical as well as...
Persistent link: https://www.econbiz.de/10005044885
Many production activities generate undesirable outputs in conjunction with the desirable outputs. In this paper we present the first estimates of a multiple-input, multiple-output directional distance function that relates good and bad inputs from home, school, and environment to good and bad...
Persistent link: https://www.econbiz.de/10005738732