This paper studies the transmission of preferences in an overlapping-generations model with heterogeneous mature agents characterized by different degrees of inflation aversion. We show how the dynamics of a society's degree of inflation aversion and the implied degree of central bank...

This paper aims at examining the impact of different transfers on the income distribution in European countries. Therefore an empirical analysis using generalised Lorenz curve comparisons is carried out. The obtained results are investigated by relating them to a classification of European...

This paper applies a multidimensional approach to poverty measurement based on fuzzy set theory, and its decomposition properties, in order to measure the deprivation level in Luxembourg and to identify the different characteristics of poverty between natives and immigrants (knowing that almost...

Previous attempts to analyse international differences in patterns of worker absenteeism have not been convincing because of the difficulty in obtaining internationally comparable data. In this paper, we apply the technique described by Barmby, Ercolani and Treble(1999) to data on full-time...

In this paper, I estimate, for US households, age-wealth profiles which allow for cohort effects. I use these to reexamine one of the central empirical propositions simple life-cycle models: dissaving after retirement. The analysis employs a data set which has not been previously examined in...

The dissolution of the sexual division of labour remains, in Hochschild's (1989) words, a 'stalled' revolution. While more and more married women participate in paid work, men have not equalized the division of labour by appreciably increasing the time they devote to unpaid domestic tasks. The...

The paper presents a comparison between an unidimensional approach to the measurement of poverty, obtained as a function of observable income, and a multidimensional approach, defined on the basis of economic, social, demographic and cultural indicators. The comparison is carried out by means of...

Nous soutenons que pour étudier le fonctionnement réel des économies capitalistes, il ne suffit pas de considérer l'innovation comme un processus de destruction créatrice. Il est aussi nécessaire de supposer que les agents de ces économies adoptent une institution ou règle nommée...

In this paper, we estimate labour participation equations for married women for eleven European countries, using data from the European Community Household Panel corresponding to the years 1994, 1995 and 1996. The main objective of our study is to test whether the 'added worker effect' holds....

There is extensive debate in the literature about the practical significance of the concept of ex-ante moral hazard. This paper uses data from the 1999-2003 PSID waves to estimate a structural model of individual choice of insurance coverage and four life style related decisions: heavy smoking,...