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Documentation of the Research and Statistics Divisions Estimated DSGE Model of the U.S. Economy : 2006 Version
Edge, Rochelle M.; Kiley, Michael T.; Laforte, Jean-Philippe - 2007
aimed at developing a DSGE model that can be used to address practical policy questions and the model documented here is the …
Persistent link: https://www.econbiz.de/10014222384
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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
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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
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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
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Investing in Innovation : A Policy Framework for Attaining Sustainable Prosperity in the United States
Lazonick, William - 2022
household units, implementing the yet-to-be-passed American Families Act. Absent, however, is a policy agenda to encourage and … major U.S. business corporations, I argue that, unless Build Back Better includes an effective policy agenda to encourage … policy framework that could stop the looting of the business corporation and put in place social institutions that support …
Persistent link: https://www.econbiz.de/10014082107
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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
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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
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Does Culture Matter?
Fernández, Raquel - 2010
This paper reviews the literature on culture and economics, focusing primarily on the epidemiological approach. The epidemiological approach studies the variation in outcomes across different immigrant groups residing in the same country. Immigrants presumably differ in their cultures but share...
Persistent link: https://www.econbiz.de/10008810107
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The Human Perils of Scaling Smart Technologies : Evidence from Field Experiments
Brandon, Alec; Clapp, Christopher M.; List, John A.; … - National Bureau of Economic Research - 2022
Smart-home technologies have been heralded as an important way to increase energy conservation. While in vitro engineering estimates provide broad optimism, little has been done to explore whether such estimates scale beyond the lab. We estimate the causal impact of smart thermostats on energy...
Persistent link: https://www.econbiz.de/10013388838
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Challenging the myths of entrepreneurship? : editorial
Rehn, Alf; Brännback, Malin; Carsrud, Alan L.; … - In: Entrepreneurship and regional development : an … 25 (2013) 7/8, pp. 545-551
Persistent link: https://www.econbiz.de/10010189406