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It is by now widely recognized that investment decisions play a major role in the determination of individual age-earnings profiles. The purpose of this paper is to present a simple life-cycle model of investment in human capital in which leisure choices are explicitly incorporated. In so doing,...
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We study the relationship between age and influence in a closed group of leading economists. We consider, as a measure of influence, monthly RePEc rankings and address the dynamics of rankings within the top group as a function of age. We find that the rankings peak at age 60 or 30 years after...
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We study the relationship between age and influence in a closed group of 1,000 leading economists. We consider, as a measurement of influence, monthly RePEc rankings. We find that the rankings are not related to age but are related to experience. The optimal level of experience is 30 years from...
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We study the rise in marriages between residents of HK and China following the handover of HK to China in 1997. Cross-boundary marriages accounted for almost half the marriages registered in HK in 2006. Because of large differences in male income between China and HK, marriages of HK men with...
Persistent link: https://www.econbiz.de/10010887063
We formulate and estimate a dynamic model of marriage, divorce and remarriage using 27 years old panel data for the enrire Danish cohort born in 1960. The marital surplus is identified from the probability of divorce, and the surplus shares of husband and wives from their willingness to enter...
Persistent link: https://www.econbiz.de/10010932918