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An important paper by Chiappori et al. (2012) has proposed an elegant and parsimonious model of spousal matching over …
Persistent link: https://www.econbiz.de/10010501869
Positive assortative matching refers to the tendency of individuals with similar characteristics to form partnerships …. Measuring the extent to which assortative matching differs between two economies is challenging when the marginal distributions … of the characteristic along which sorting takes place (e.g., education) change for either or both sexes. We show how the …
Persistent link: https://www.econbiz.de/10015194999
Households’ and firms’ subjective inflation expectations play a central role in macroeconomic and intertemporal microeconomic models. We discuss how subjective inflation expectations are measured, the patterns they display, their determinants, and how they shape households’ and firms’...
Persistent link: https://www.econbiz.de/10014084157
The literature on inter vivos and intergenerational transfers has largely focused on the possible determinants of such transfers. Specifically, much of the empirical work has examined whether transfers are driven by altruistic relationship between "dynastic" households. However, the empirical...
Persistent link: https://www.econbiz.de/10014134468
Economists and social scientists have debated the relative importance of nature (one's genes) and nurture (one's environment) for decades, if not centuries. This debate can now be informed by the ready availability of genetic data in a growing number of social science datasets. This paper...
Persistent link: https://www.econbiz.de/10012887875
Growth theory can go a long way toward accounting for phenomena linked with U.S. economic development. Some examples are: (i) the secular decline in fertility between 1800 and 1980, (ii) the decline in agricultural employment and the rise in skill since 1800, (iii) the demise of child labor...
Persistent link: https://www.econbiz.de/10014023768
Households' and firms' subjective inflation expectations play a central role in macroeconomic and intertemporal microeconomic models. We discuss how subjective inflation expectations are measured, the patterns they display, their determinants, and how they shape households' and firms' economic...
Persistent link: https://www.econbiz.de/10014030510
The research on private financial transfers between generations lacks a longitudinal perspective. Gifts as intergenerational transfers inter vivos allow us to study the importance of life course events for the chances of receiving transfers. In Germany, gifts are highly private and leave more...
Persistent link: https://www.econbiz.de/10013154763
Why do some people think they will behave differently in the future? Building on research on dynamic inconsistency and age related preferences, this paper introduces the concept that inconsistent intertemporal preferences are directly related to age. In previous studies, standard socioeconomic...
Persistent link: https://www.econbiz.de/10010491691
This paper considers an economic analysis of intergenerational transition of ethnic and social trait. We consider the level of social traits chosen by parents and its effect on their children's choice of ethnic and social traits when reaching adulthood. We develop a theory that suggests that...
Persistent link: https://www.econbiz.de/10003344609