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This paper proposes a screening approach to explain why dating is associated with purchasing status products and conspicuous gift giving. A potential bride searching for a husband may seek to screen candidates whose income is only partially observable. Taking into account that she also bears...
Persistent link: https://www.econbiz.de/10010484412
fertile phase experience high unemployment rates. Based on these facts we investigate how marriage and fertility decisions in … likely to marry when they are unemployed during recession. Although we find effects on marriage we cannot observe any effects …
Persistent link: https://www.econbiz.de/10010487676
We study the effects of a labor-intensive health care sector within an R&D-driven growth model with overlapping generations. Health care increases longevity and labor participation/productivity. We examine under which conditions expanding health care enhances growth and welfare. Even if the...
Persistent link: https://www.econbiz.de/10010338973
Marriage is one of the most important determinants of economic prosperity, yet most existing theories of inequality … large marriage gap: married people earn on average 27 percent more income, and they hold 34 percent more net worth. To … bequests are key to explaining the marriage gap in earnings and wealth. A policy experiment of moving from joint tax filing for …
Persistent link: https://www.econbiz.de/10010489954
On June 4-5, 2014, SUERF and Baffi Finlawmetrics jointly organised a Colloquium/Conference "Money, Regulation and Growth: Financing New Growth in Europe" at Bocconi University, Milan. The present SUERF Study includes a selection of papers based on the authors’ contributions to the Milan event....
Persistent link: https://www.econbiz.de/10011711957
Income equality and trust seem to go along with several other ingredients of social capital as determinants of economic growth across the globe. In a large sample of countries, equality in the distribution of income as measured by the World Bank and by The Standardized World Income Inequality...
Persistent link: https://www.econbiz.de/10011966802
In this article we study the relation between the quality of contract enforcement and R&D investment across countries and industries. If companies invest successfully in R&D they are open for exploitation by their supplier if supply contracts are not enforceable. This hold-up problem can reduce...
Persistent link: https://www.econbiz.de/10010342222
which (i) marriage provides insurance against employment risk through the pooling of resources, and (ii) a woman does not …
Persistent link: https://www.econbiz.de/10010341641
We use a unique survey of Danes who have emigrated between 1987 and 2002 to study intra-family decision-making on international migration. Our survey reached 582 respondents with a Danish partner who was the same as before emigration. We model family decision-making in a bargaining framework and...
Persistent link: https://www.econbiz.de/10010484413
This study exploits longitudinal employer-employee matched data to investigate gender differences in the probability to climb the job ladder with focus on the effect of children. We attempt to disentangle whether children directly affect promotions, or whether the effect of children is...
Persistent link: https://www.econbiz.de/10010344629