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saving plans when they face different income profiles. We find that for every income profile we consider, subjects on average … and any sudden drop in income reduces their lifetime utility. We conduct a specification search for a model to explain our …
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predators. Our theory predicts that, if producers choose choose the amount of guarding against predators, then the well endowed …
Persistent link: https://www.econbiz.de/10013221091
predators. Our theory predicts that, if producers choose choose the amount of guarding against predators, then the well endowed …
Persistent link: https://www.econbiz.de/10012472405
This paper provides estimates of the private financial return to education based on large samples of monozygotic (MZ) and dizygotic (DZ) twins which we obtain from Danish population registers. Our estimation exploits the fact that our data is a long panel. We show that the rising inequality,...
Persistent link: https://www.econbiz.de/10003869818
seats, and alter the relative competition between blacks and whites. We present a theory of AA in university admissions … an online mathematics website. Consistent with theory, AA increases average human capital investment and exam performance …
Persistent link: https://www.econbiz.de/10011333063
This paper assesses educational attainment of immigrant children, in particular evaluating whether naturalised parents invest more in their children's human capital than non-naturalised parents. Findings of the literature indicate that citizenship is associated with lower return migration...
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