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increased heterogeneity with age. For example, work motivation does not generally decline with age but becomes increasingly task … age heterogeneity with regard to current life satisfaction and life satisfaction domains (measured as satisfaction with … collected as part of a representative German longitudinal data study (SOEP). We find increasing heterogeneity in current life …
Persistent link: https://www.econbiz.de/10011301386
income on independent living as well as considerable heterogeneity. The elderly with easy access to their adult children …
Persistent link: https://www.econbiz.de/10011307335
In the last decades, countries in Latin America and the Caribbean have experienced a dramatic increase in the levels of higher education enrollment. Using administrative data from Chile and Colombia, we find that this phenomenon is not always associated with higher private individual returns. In...
Persistent link: https://www.econbiz.de/10011314201
In this paper we consider a model with two industrialised countries and immigrants that come from "the rest of the world". The countries are distinguished on the basis of three parameters: population size, bias towards immigrants, and production complementarity between native population and...
Persistent link: https://www.econbiz.de/10011324879
We propose a framework to analyze coalition formation with heterogeneous agents. Existing literature defines stability conditions that do not ensure that, once an agent decides to sign an agreement, the enlarged coalition is feasible. Defining the concepts of refraction and exchanging, we set up...
Persistent link: https://www.econbiz.de/10011324949
factors have been included to account for potentially correlated heterogeneity in the bilateral dimension that is … unobserved heterogeneity in all three dimensions results in appreciably lower magnitudes of all coefficients (except the one on …
Persistent link: https://www.econbiz.de/10011332366
This paper seeks to contribute to the ongoing debate concerning the role of heterogeneity for the GC competitive … advantage. With this aim, we focus on different sources of heterogeneity and study how the different level of heterogeneity … affects the performance of GCs. Specifically, we consider the GC heterogeneity due to: 1) the variety in the firms …
Persistent link: https://www.econbiz.de/10011332743
A stochastic discrete choice model and its related estimation method are presented which allow to disentangle non-linear externalities from the intrinsic features of the objects of choice and from the idiosyncratic preferences of agents. Having veried for the ergodicity of the underlying...
Persistent link: https://www.econbiz.de/10011335910
This paper sheds new light on the interactions between business cycles and the consumption distribution. We use Consumer Expenditure Survey data and a factor model to characterize the cyclical dynamics of the consumption distribution. We first establish that our approach is able to closely match...
Persistent link: https://www.econbiz.de/10011340992
This short note seeks to replicate the quantile regression analysis in Binder and Coad (2011), but taking into account individual-specific fixed effects (using the BHPS data set). It finds declining effects of the four main variables of interest (health, social life, income, education) over the...
Persistent link: https://www.econbiz.de/10011348219