Taking advantage of a reform that made Chile's most popular conditional cash transfer program substantially more generous, I study its impact on mothers' labor supply using a difference-in-difference strategy. Previous research has focused on these effects near the inauguration of CCTs, never...

This paper provides an empirical investigation of the hypothesis that population shocks such as the repeated outbreaks of the plague affected the timing of the demographic transition. The empirical analysis uses disaggregate data from Germany and exploits geographic variation in the exposure to...

Economic development in industrialized countries is characterized by rising per capita GDP, increasing life expectancy, and an ever greater share of the population living in cities. We explain this pattern within a regional innovation-driven economic growth model with labor mobility and a...

We consider a risk model in discrete time with dividends and capital injections. The goal is to maximise the value of a dividend strategy. We show that the optimal strategy is of barrier type. That is, all capital above a certain threshold is paid as dividend. A second problem adds tax to the...

Insurers tend to misunderstand the perceptions of the policyholders and inevitably lose clients. In South Africa, very little research has investigated the perceptions and attitudes expressed by insurance policyholders. Therefore, to bridge this gap, the purpose of this research study is to...

The study analyses the demographic changes in five countries of the Western Balkans - Albania, Bosnia and Herzegovina, Montenegro, North Macedonia, and Serbia - which are associated with and are potential candidates for European Union (EU) member states. Due to a lack of data, Kosovo was...

We use high-quality administrative data from Austria to credibly identify the causal effect of parental death on daughters' fertility. To account for the endogeneity of parental death, we exploit the timing of deaths in a difference-in-differences research design. Parental death has no...

This paper studies whether household surveys precisely identify the LGBT population and are suitable to measure labor market discrimination in Colombia. We first quantify the size of the LGBT population and estimate labor market inequalities from these data, highlighting potential pitfalls from...

Abstract The pilot research is often intended to gather preliminary information and is usually based on a small set of observations to help decide how to conduct a more extensive study. The present pilot study is intended to provide preliminary results regarding various aspects of mobile...

As people age, their consumption and saving behavior tends to change. At the same time, the share of age-related public spending increases, leaving less resources for fiscal stimulus, especially if public debt ratio is already high. Using Finnish data in a Bayesian VAR model, we show that the...