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to college households in terms of welfare. Chapter 2 disentangles the effect of demographic change on returns to risk …. Chapter 3 develops a method for computing transitional dynamics in heterogeneous agent models with aggregate risk if these …
Persistent link: https://www.econbiz.de/10011432257
is a function of the risk preference of the household head. This paper estimates the effect of parental risk preference … on child labour decisions in the household using recall information on child labour and a risk elicitation question. We …The literature suggests that the household invests in the human capital of a child member not only for altruistic …
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We develop a rationale for the payment by firms of a wage premium on marginal, or overtime, weekly hours. We examine wage-hours contracts within the framework of a two-period specific human capital model with asymmetric information. The wage premium serves to achieve contract efficiency. For...
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in educational outcomes might be attributed to an uneven allocation of household resources towards the schooling of boys …
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This paper is a first attempt to provide a quantitative evaluation of the welfare gains resulting from the introduction of flat income taxation in Bulgaria in 2008. Using a calibrated micro-founded endogenous growth model with physical and human capital accumulation to Bulgarian data, a...
Persistent link: https://www.econbiz.de/10011518440
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