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This paper reviews the evidence on growth and saving, considering various models in turn, and summarizing the extent to which they appear to be consistent with the facts. These reviews are necessarily brief, and apart from the first two sections, I focus on models of house-hold behavior that...
Persistent link: https://www.econbiz.de/10005647182
Persistent link: https://www.econbiz.de/10005647183
In our earlier work, we used data from the National Health Interview Survey (NHIS) to examine life-cycle patterns in health status and in the joint distribution of health status and income (Deaton and Paxson, 1998). In this paper we summarize and extend those results, and provide new evidence...
Persistent link: https://www.econbiz.de/10005647184
Persistent link: https://www.econbiz.de/10005647185
Persistent link: https://www.econbiz.de/10005647186
This paper examines the impact of political compet ition on b lock grants from federal to sub-federal levels of government. We model the extent and direction of income redistribution as determined proximately by the political agendas of central decisionmakers and, at a deeper level, by the...
Persistent link: https://www.econbiz.de/10005647187
In this paper we examine the relationship between educational inputs and school outcomes in South Africa immediately before the end of apartheid government and, in doing so, we add to what is known about the impact of exogenous changes in school quality on child outcomes. There are three...
Persistent link: https://www.econbiz.de/10005647188
In recent years, in much of the World Bank's operational work as well as in applied research, consumption aggregates constructed from survey data have been used to measure poverty, to analyse changes in living standards, over time, and to assess the distributional impacts of various programs and...
Persistent link: https://www.econbiz.de/10005647189
While this is typically ignored, the properties of the stochastic process followed by aggregate consumption affect the estimates of the costs of fluctuations. This paper pursues two approaches to modelling aggregate consumption dynamics and to measuring how much society dislikes fluctuations,...
Persistent link: https://www.econbiz.de/10005738444
Alcohol consumption patterns vary across Europe. Northern Europeans frequently engage in excessive drinking in social situations (EDSS), behavior less common in southern Europe. We develop a model to explore whether these behavioral differences could be rooted in genetic variations across Europe...
Persistent link: https://www.econbiz.de/10005738445