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The growing literature on precautionary saving clearly indicates the need for measurement of income uncertainty. In this paper we empirically analyze subjective income uncertainty in the Netherlands. Data come from the Dutch VSB panel. We measure income uncertainty directly by asking questions...
Persistent link: https://www.econbiz.de/10011091934
This paper investigates whether cannabis use aects physical and mental health. To do so, information on prime aged individuals living in Amsterdam in 1994 is used. Dutch data offer a clear advantage in estimating the health impacts of cannabis use because the legal status of cannabis in the...
Persistent link: https://www.econbiz.de/10011092097
This paper uses a unique dataset collected among inhabitants of Amsterdam, to study the dynamics in the consumption of cannabis and cocaine.If people start using these drugs they are most likely to do so at age 18-20 for cannabis and age 20-25 for cocaine.An analysis of the starting rates shows...
Persistent link: https://www.econbiz.de/10011092107
Euler equation estimation of intertemporal consumption models requires many, often unverifiable assumptions. These include assumptions on expectations and preferences. We aim at reducing some of these requirements by using direct subjective information on respondents’ preferences and...
Persistent link: https://www.econbiz.de/10011092114
Persistent link: https://www.econbiz.de/10011092260
Household surveys often elicit respondents' intentions or predictions of future outcomes. The survey questions may ask respondents to choose among a selection of (ordered) response categories. If panel data or repeated cross-sections are available, predictions may be compared with realized...
Persistent link: https://www.econbiz.de/10011092312
We present a household consumption model that accounts for caring house- hold members, while allowing for noncooperative behavior in decisions on pub- lic goods. The intrahousehold consumption outcome critically depends on the degree of caring between the household members. By varying the degree...
Persistent link: https://www.econbiz.de/10011092325
Item non-response in household survey data on economic variables such as income, assets or consumption is a well-known problem.Follow-up unfolding bracket questions have been used as a tool to collect partial information on respondents that do not answer an open-ended question.It is also known,...
Persistent link: https://www.econbiz.de/10011092409
It is unlikely that husbands and wives always agree on exactly what public goods to buy. Nor do they necessarily agree on how many hours to work with obvious consequences for the household budget. We therefore model consumption and labor supply behavior of a couple in a non-cooperative setting...
Persistent link: https://www.econbiz.de/10011092533
An overview is presented of some parametric and semi-parametric models, estimators, and specification tests that can be used to analyze ordered response variables.In particular, limited dependent variable models that generalize or-dered probit are compared to regression models that generalize...
Persistent link: https://www.econbiz.de/10011092565