Showing 1 - 10 of 149
According to the demonstration effect theory, parents make intergenerational transfers to their elders in order to elicit a symmetric future behavior from their children. In this paper we show that upstream transfers are expected to increase with low returns from alternative financial assets and...
Persistent link: https://www.econbiz.de/10011257916
Children may receive monetary transfers from their parents to realize the dream of homeownership. This raises the question of whether transfers received decrease if governments also provide a homeownership-related subsidy. The purpose of this paper is to empirically examine this question, using...
Persistent link: https://www.econbiz.de/10011114373
This paper aims to characterize the behavior of economic agents on Sub-Saharan Africa’s credit market in order to understand the financial exclusion of poor households. Through its theoretical approach, it gives a description of the functioning of the credit market. By considering the social...
Persistent link: https://www.econbiz.de/10011259545
Whereas the supply of redistribution is relatively easy to measure, the determinants of the demand for redistribution are controversially discussed in international literature. Economic theory typically models redistribution as the result of a voting mechanism; this is only inadequately...
Persistent link: https://www.econbiz.de/10011259582
East Germany's unemployment rate still doubles that of West Germany and for the last decade its economic growth has been below that of other transition countries. Policy makers often point to the lack of entrepreneurship as one of East Germany's main problems. This paper addresses the question...
Persistent link: https://www.econbiz.de/10011114077
Steven Barnett and Clive Belfield examine the effects of preschool education on social mobility in the United States. They note that under current policy three- and four-year-old children from economically and educationally disadvantaged families have higher preschool attendance rates than other...
Persistent link: https://www.econbiz.de/10005786931
Evidence suggests the average ability of teachers to have progressively declined in developed countries over the last decades. Many explanations have been proposed, all suggesting the idea of a lower attractiveness of teaching professions (both in monetary and non monetary terms) with respect to...
Persistent link: https://www.econbiz.de/10005040703
their interplay with income inequality. We identify a positive interaction of perceived social mobility that mitigates its … overall impact of income inequality that is SWB lowering, while for low social mobility the effect of inequality is positive …. These interactions hold stronger for pre-transfer than post-transfer income inequality. Actual social mobility appears to be …
Persistent link: https://www.econbiz.de/10005061673
effects, particularly in their interplay with income inequality. We identify a positive interaction of perceived social … mobility that mitigates the overall SWB lowering effect of income inequality. In contrast to expectations, a high degree of … actual social mobility yields an overall impact of income inequality that is SWB lowering, while for low social mobility the …
Persistent link: https://www.econbiz.de/10005109561
This paper analyses the implications of classical liberal and libertarian approaches for distributive justice in the context of social welfare orderings. An axiom capturing a liberal non-interfering view of society, named the Weak Harm Principle, is studied, whose roots can be traced back to...
Persistent link: https://www.econbiz.de/10011107417