Showing 1 - 10 of 2,253
over time. This is what we call "bargaining risk". To reduce this risk, the spouses may decide to over-invest in marriage … outside opportunities. This strat- egy is shown to be optimal. More suprisingly, over-investment in marriage- specific capital …
Persistent link: https://www.econbiz.de/10010542032
This paper studies the impact of permanent and transitory shocks to income on parental investments in children. We use panel data on family income, and an index of investments in children in time and goods, from the Children of the National Longitudinal Survey of Youth. Consistent with the...
Persistent link: https://www.econbiz.de/10010510508
capital ; consumption …
Persistent link: https://www.econbiz.de/10009688539
This paper studies the impact of permanent and transitory shocks to income on parental investments in children. We use panel data on family income, and an index of investments in children in time and goods, from the Children of the National Longitudinal Survey of Youth. Consistent with the...
Persistent link: https://www.econbiz.de/10010505849
stagnation of household consumption during the 1990s and find that the stagnation of household disposable income, the decline in …
Persistent link: https://www.econbiz.de/10010332277
This paper studies the impact of permanent and transitory shocks to income on parental investments in children. We use panel data on family income, and an index of investments in children in time and goods, from the Children of the National Longitudinal Survey of Youth. Consistent with the...
Persistent link: https://www.econbiz.de/10013023770
persistent current account surpluses were due primarily to Japan's large and persistent IS imbalances (the excess of saving over …
Persistent link: https://www.econbiz.de/10011311745
Persistent link: https://www.econbiz.de/10010223100
allocation for a mandatory retirement saving plan? We believe that the life-cycle model developed by economists over the last …
Persistent link: https://www.econbiz.de/10003713614
Heterogeneity in time discounting may reinforce the existing barriers to save and invest faced by rural populations in developing countries. We elicit a subjective discount rate for a varied sample of Ugandan villagers. In accordance with other studies, we have found the discount rate to...
Persistent link: https://www.econbiz.de/10003824853