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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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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
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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
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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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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
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On the demand for grandchildren : tied transfers and the demonstration effect
Cox, Donald; Stark, Oded - 2004
Most private giving between living generations takes the form of "tied" transfers, such as help with housing downpayments. We argue that parents provide help with downpayments in order to encourage the production of grandchildren, and that such a subsidization emanates from the "demonstration...
Persistent link: https://www.econbiz.de/10009728981
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On the demand for grandchildren : tied transfers and the demonstration effect
Cox, Donald; Stark, Oded - 2004
Persistent link: https://www.econbiz.de/10002085529
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A new test of borrowing constraints for education
Brown, Meta; Scholz, John Karl; Seshadri, Ananth - 2009
Persistent link: https://www.econbiz.de/10003835453
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Proximity and coresidence of adult children and their parents in the United States : description and correlates
Compton, Janice; Pollak, Robert A. - 2013
In this paper we provide an overview of the patterns of intergenerational proximity and coresidence of adult children and their mothers in the U.S., using data from the National Survey of Families and Households (NSFH) and the U.S. Census. We highlight the importance of three specification and...
Persistent link: https://www.econbiz.de/10009754902