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I will consider three questions. First, how inefficient is the global allocation of workers and how large are the gains from increased international migration? How do you measure these gains? We will see that standard GDP comparisons are not sufficient. Second, how would reallocating high-skill...
Persistent link: https://www.econbiz.de/10004993820
In this paper, we address the issues of whether reductions in fertility increase human capital investments per child and whether twinning can identify the quantity-quality (Q-Q) trade-off. We show that estimates of the effects of twinning at higher parities on the outcomes of older children in...
Persistent link: https://www.econbiz.de/10005005156
How do the decisions of farmers, financial institutions, and government agencies interact and affect agricultural investment and output in a region - and to what extent are these"actors"influenced by a region's location and agroclimactic endowments (for example, rainfall or the soil's...
Persistent link: https://www.econbiz.de/10005080179
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Although forests have diminished globally over the past 400 years, forest cover has increased in some areas, including India in the last two decades. Aggregate time-series evidence on forest growth rates and income growth across countries and within India and a newly assembled data set that...
Persistent link: https://www.econbiz.de/10005690665
New survey-based data on siblings are used to assess potential roles of bequests in redistributing income among siblings as implied by prominent models. The data are not focused on the upper tail of the wealth distribution and include both own and sib reports on own and sib's bequests, enabling...
Persistent link: https://www.econbiz.de/10005692626
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In this paper, we examine empirically whether risk pooling is more advantageous among altruistic compared to selfish agents in a framework where individuals cannot make binding commitments. In particular, we incorporate altuism into a model of risk sharing under imperfect commitment and use...
Persistent link: https://www.econbiz.de/10005815589