Showing 1 - 10 of 2,165
panel data on family income, and an index of investments in children in time and goods, from the Children of the National … partial insurance of parental investments against permanent income shocks, but the magnitude of the estimated responses is …This paper studies the impact of permanent and transitory shocks to income on parental investments in children. We use …
Persistent link: https://www.econbiz.de/10010510508
10% of family income leads, at most, to an increase in investments of 1.3% of a standard deviation. -- insurance ; human … panel data on family income, and an index of investments in children in time and goods, from the Children of the National … partial insurance of parental investments against permanent income shocks, and we cannot reject the hypothesis full insurance …
Persistent link: https://www.econbiz.de/10009688539
To test whether transfers sent and received by regional migrants serve an insurance role, this paper estimates the … causal impact of income shocks at a migrant's origin and destination location on the bilateral transfer of funds. Using … rainfall shocks in rural Nicaragua, I find that migrants aged 15-21 years provide unilateral insurance to their origin …
Persistent link: https://www.econbiz.de/10011387156
Persistent link: https://www.econbiz.de/10011818482
Childhood disability is a major health shock that affects parents early in their working life. We estimate its impact on …, despite this financial shock, long term net worth of families is not affected or may be positively affected, potentially due to …
Persistent link: https://www.econbiz.de/10012023956
Persistent link: https://www.econbiz.de/10011480848
and car insurance using data from the UK. The main empirical results are: - higher labor income risk induces a higher … demand for car insurance. - the effects of increases in labor income risk after 1979 seem to be more than offset by a more … propensity to insure against independent marketable risks. We apply these predictions to the specific case of labor income risk …
Persistent link: https://www.econbiz.de/10011339678
, there is no evidence of an added-worker effect but government insurance and income pooling can mitigate the pass-through of …This paper documents earnings dynamics over the life-cycle and income level using a large administrative database from … normality. For the bottom earners, large income changes are driven equally by hours and wages which is consistent with …
Persistent link: https://www.econbiz.de/10012534545
Persistent link: https://www.econbiz.de/10014309660
contained in the joint dynamics of income, consumption and wealth to quantify the degree of insurance against income risk. The … of a permanent income shock. Compared to existing empirical estimates for the same dataset, our findings suggest that …We use the Italian Survey of Household Income and Wealth, a rather unique dataset with a long time dimension of panel …
Persistent link: https://www.econbiz.de/10011551036