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This paper studies the economic benefits of home ownership. Exploiting a quasi-experiment surrounding privatization decisions of municipally-owned apartment buildings, we obtain random variation in home ownership for otherwise similar buildings with similar tenants. We link the tenants to their...
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Study (HRS), as well as the Survey of Income and Program Participation (SIPP), this paper investigates whether household … consumption declines when kids leave the home and, if so, by how much. Because consumption data are noisy and savings is the flip … side of consumption, this paper examines whether savings in 401(k) plans increase when the kids leave home. The paper also …
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Studies noticed that individuals' cognitive, psychological, and behavioral limitations always have some influence in their everyday decision making. And the financial decisions are no exceptions. Perhaps it can be affirmed that individual financial decisions do have cognitive influence. This is...
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human capital accumulation using household and individual data from China, Indonesia, Côte d’Ivoire and Ghana. Household …This paper examines the relationship between household structures, the institutions that shape them and physical and … share of the population live in extended households and/or polygamous ones. Such household structures are the exception or …
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