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Persistent link: https://www.econbiz.de/10012061183
environments across the two areas, we find remarkably consistent results: in families with two or more children, second-born boys … the evidence rules out differences in health at birth and the quality of schools chosen for children. We do find that …
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Using birth certificates matched to schooling records for Florida children born 1992 - 2002, we assess whether family … gap in neonatal health. We conclude that the gender gap among black children is larger than among white children in … substantial part because black children are raised in more disadvantaged families. …
Persistent link: https://www.econbiz.de/10011482631
a regression discontinuity design, we document how a third grade retention policy affects both the target children and … their younger siblings. The policy improves test scores of both children while the spillover is up to 30% of the target … child effect size. The effects are particularly pronounced in families where one of the children is disabled, for boys, and …
Persistent link: https://www.econbiz.de/10014307094
We explore the benefits of intergenerational risk-sharing through both private funded pensions and via the public debt. We use a multi-period overlapping generations model with a PAYG pension pillar, a funded pension pillar and a government. Shocks are smoothed via the public debt and variations...
Persistent link: https://www.econbiz.de/10010238325
are generally non-negligible. They also differ rather widely for the various cohort/income groups. Our stochastic …
Persistent link: https://www.econbiz.de/10003883861
This paper explores the introduction of collective risk-sharing elements in defined contri-bution pension contracts. We consider status-contingent, age-contingent and asset contingent risk-sharing arrangements. All arrangements raise aggregate welfare, as measured by equiva- lent variations....
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