Narrow search
Showing 1 - 10 of 48,076
Cover Image
Families as roommates: Changes in US household size from 1850 to 2000
Salcedo, Alejandrina; Schoellman, Todd; Tertilt, Michèle - 2010
The size of the average American household has fallen dramatically - from six in 1850 to three in 2000. To explain this decline we model households as collections of roommates who share the costs of household public goods. If private goods are more income elastic than public goods, as we...
Persistent link: https://www.econbiz.de/10010322627
Cover Image
Families as roommates : changes in US household size from 1850 to 2000
Salcedo, Alejandrina; Schoellman, Todd; Tertilt, Michele - 2010
The size of the average American household has fallen dramatically -from six in 1850 to three in 2000. To explain this decline we model households as collections of roommates who share the costs of household public goods. If private goods are more income elastic than public goods, as we document...
Persistent link: https://www.econbiz.de/10008656731
Cover Image
Families as roommates : changes in U.S. household size from 1850 to 2000
Salcedo, Alejandrina; Schoellman, Todd; Tertilt, Michele - In: Quantitative economics : QE ; journal of the … 3 (2012) 1, pp. 133-175
Living arrangements have changed enormously over the last two centuries. While the average American today lives in a household of only three people, in 1850 household size was twice that figure. Furthermore, both the number of children and the number of adults in a household have fallen...
Persistent link: https://www.econbiz.de/10011756503
Cover Image
Families in macroeconomics
Doepke, Matthias; Tertilt, Michele - 2016
Much of macroeconomics is concerned with the allocation of physical capital, human capital, and labor over time and across people. The decisions on savings, education, and labor supply that generate these variables are made within families. Yet the family (and decision-making in families) is...
Persistent link: https://www.econbiz.de/10011454407
Cover Image
Gazelles as Job Creators: A Survey and Interpretation of the Evidence
Henrekson, Magnus; Johansson, Dan - 2008
It is often claimed that small and young firms account for a disproportionately large share of net employment growth. We conduct a meta analysis of the empirical evidence regarding whether net employment growth rather is generated by a few rapidly growing firms - so-called Gazelles - that are...
Persistent link: https://www.econbiz.de/10010320167
Cover Image
Economic Freedom, Entrepreneurship, & Income Levels : Some US State-Level Empirics
Wiseman, Travis - 2013
Recent literatures on entrepreneurship and economic growth estimate the empirical relationships between the following …) entrepreneurship and economic growth.This paper revisits each of these relationships using US state-level real GDP per capita, the … Economic Freedom of North America index, and the state-level productive and unproductive entrepreneurship scores provided by …
Persistent link: https://www.econbiz.de/10013093550
Cover Image
Life expectancy, labor supply, and long-run growth: Reconciling theory and evidence
Strulik, Holger; Werner, Katharina - 2012
We set up a simple overlapping generation model that allows us to distinguish between life expectancy and active life expectancy. We show that individuals optimally adjust to a longer active life by educating more and, if the labor supply elasticity is high enough, by supplying less labor. When...
Persistent link: https://www.econbiz.de/10010311688
Cover Image
Inequality in land ownership, the emergence of human capital promoting institutions, and the great divergence
Galor, Oded; Moav, Omer; Vollrath, Dietrich - 2006
This paper suggests that inequality in the distribution of land ownership adversely affected the emergence of human capital promoting institutions (e.g., public schooling) and thus the pace and the nature of the transition from an agricultural to an industrial economy, contributing to the...
Persistent link: https://www.econbiz.de/10010318968
Cover Image
Life expectancy, labor supply, and long-run growth : reconciling theory and evidence
Strulik, Holger; Werner, Katharina - 2012
We set up a simple overlapping generation model that allows us to distinguish between life expectancy and active life expectancy. We show that individuals optimally adjust to a longer active life by educating more and, if the labor supply elasticity is high enough, by supplying less labor. When...
Persistent link: https://www.econbiz.de/10009619090
Cover Image
Altruism, Macroeconomic Aggregates and the Cyclical Behavior of Fertility : Theory and Evidence from U.S. Data
Abo-Zaid, Salem M. - 2015
explained by an overlapping generations model with altruism, and that abstracting from altruism delivers results that are at …
Persistent link: https://www.econbiz.de/10013019995