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This chapter is concerned with the identification and estimation of models of labor supply. The focus is on the key issues that arise from unobserved heterogeneity, nonparticipation and dynamics. We examine the simple “static” labor supply model with proportional taxes and highlight the...
Persistent link: https://www.econbiz.de/10014024946
Ghana has seen notable poverty reduction alongside improvements in school participation since 1991. This paper examines the role of education in determining welfare and poverty and its reciprocal, the role of welfare and other aspects of economic privilege in the determination of school...
Persistent link: https://www.econbiz.de/10008876249
remittances and other types of income on consumption, production expenditures is evaluated. The econometric models used in this … consumption, but not as much as local wages and that there is no difference in the impact on agricultural production spending … remittance and their impacts on both consumption and production activities of Chinese rural households. …
Persistent link: https://www.econbiz.de/10009366455
In this paper we empirically analyse the impact of retirement benefits on consumption and personal saving in South … show that the introduction of retirement programs crowds out discretionary household saving and consumption of contributors … to such programs. There against, benefits paid by these programs contribute positively to consumption with a concomitant …
Persistent link: https://www.econbiz.de/10005773163
Using a unique administrative level dataset from a large and diverse U.S. financial institution, we test the impact of rewards on credit card spending and debt. Specifically, we study the impact of cash-back rewards on individuals before and during their enrollment in the program. We find that...
Persistent link: https://www.econbiz.de/10010292197
We use micro data on young married households from the Japanese Panel Survey of Consumers in order to analyze the importance of borrowing constraints in Japan. We find (1) that 8 to 15 percent of young married Japanese households are borrowing-constrained, (2) that household assets and the...
Persistent link: https://www.econbiz.de/10010332375
economic shocks, and it also explores how people may react by changing their consumption, saving and investment, work and … both short- and long-term consumption, boost work effort, and defer retirement. Younger cohorts will initially reduce their … work hours, consumption, saving, and equity exposure; later in life, they will work more, retire later, consume less …
Persistent link: https://www.econbiz.de/10009305828
Improving diet quality has been a major target of public health policy. Governments have encouraged consumers to make healthier food choices and firms to reformulate food products. Evaluation of such policies has focused on the impact on consumer behaviour; firm behaviour has been less well...
Persistent link: https://www.econbiz.de/10010381370
This document tries to quantify the possible impacts, on the natural gas consumption, of changes in the flat sale price …
Persistent link: https://www.econbiz.de/10013038381
We measure how different the shapes of Engel curves are across 59 commodity groups. The same analysis is carried out for their derivatives and variances. While Engel curves possess a relatively homogeneous shape, significantly more heterogeneity is present in derivatives and when particular...
Persistent link: https://www.econbiz.de/10008562820