This paper studies the cyclicality of human capital accumulation by using a lifecycle RBC model with two types of heterogeneity: age and productivity in learning. Results show that individuals invest more in human capital during economic downturns. In particular, schooling acts as a buffer...

Abstract I take seriously the hypothesis that the wealthy lack time to consume to explain empirical evidence on old age asset decumulation and rich savings rates. Basic life-cycle theory predicts that households run down their assets toward the end of their life but evidence shows they do it at...

This paper explores implications of non-separable preferences with home production for international business cycles. Home production induces substitution effects that break the link between market consumption and its marginal utility and help explain several stylized facts of the open economy....

Higher birth order positions are often associated with poorer outcomes, possibly due to fewer resources received within the household. Using a sample of PSID-CDS children, we investigate whether the birth order effects in their outcomes are due to unequal allocation of the particular resource...

In this paper we develop a novel approach to measuring individual welfare within households, recognizing that individuals may have both different preferences (particularly regarding public consumption) and differential access to resources. We construct a money metric measure of welfare that...

En este trabajo evaluamos un esquema redistributivo alternativo para Uruguay. Concretamente analizamos los impactos que en términos de equidad y eficiencia tendría la sustitución del nuevo sistema de transferencias condicionadas (asignaciones familiares AFAM) y de los impuestos directos...

En este trabajo estudiamos los efectos indirectos del mayor Programa de Transferencias Condicionadas (PTC) en Colombia, Familias en Acción, sobre los niveles de criminalidad en el área urbana de la ciudad de Bogotá. Para realizar este estudio combinamos las siguientes dos fuentes de...

Leveraging the introduction of universal low-fee daycare in Québec in 1997, we assess the welfare effect of universal childcare provision. First, using novel data on local daycare coverage and a difference-in-differences design, we show that positive impacts on maternal labor supply and...

Der Artikel stellt die vorläufigen Ergebnisse des Forschungsprojekts "Employer Branding deutscher Arbeitgeber zur Gewinnung hochqualifizierter Geflüchteten aus der Ukraine" vor. Untersucht werden Möglichkeiten und Herausforderungen für Beschäftigung ukrainischer Flüchtlinge, die nach...

Mütter und Väter teilen sich die Erwerbs- und Sorgearbeit in Deutschland im Durchschnitt sehr ungleich auf. Frauen gehen oftmals nur in Teilzeit einer Erwerbstätigkeit nach - weitere geschlechtsspezifische Ungleichheiten auf dem Arbeitsmarkt sind die Folge. Aktuelle Auswertungen von Daten des...