We evaluate a temporary public sector employment program targeted at individuals with weak labor market attachment, applying dynamic inverse probability weighting to account for dynamic selection. We show that the program is successful in increasing employment and reducing social assistance....

In order to shed light on the patterns of economic development characterized by sustained growth and persistent wealth inequality, we develop an agent-based model in which generations overlap and parents leave bequests to offspring. The model shows how neighborhood effects influence the long-run...

The selfish life-cycle model or hypothesis is, together with the dynasty or altruism model, the most widely used theoretical model of household behavior in economics, but does this model apply in the case of a country like Japan, which is said to have closer family ties than other countries? In...