Showing 1 - 10 of 86
This paper is a quantitatively-oriented theoretical study into the interaction between housing prices, aggregate production, and household behavior over a lifetime. We develop a life-cycle model of a production economy in which land and capital are used to build residential and commercial real...
Persistent link: https://www.econbiz.de/10011083522
It has been widely documented that the poor spend a significant proportion of their income on gifts even at the expense of basic consumption. We test three competing explanations of this phenomenon--peer effect, status concern, and risk pooling--based on a census-type primary household survey in...
Persistent link: https://www.econbiz.de/10011084405
Using detailed geographical and household survey data from Nepal, this article investigates the relationship between isolation and subjective welfare. This is achieved by examining how distance to markets and proximity to large urban centers affect responses to questions about income and...
Persistent link: https://www.econbiz.de/10005123751
This paper is an empirical study of the motives for charitable donations, based on a unique data set of the English National Opera. Merging all their box office and fundraising data, our data set not only contains individuals’ donations, but also their opera attendance and all the fringe...
Persistent link: https://www.econbiz.de/10005504511
This paper uses mortgage data to construct a measure of terms on which households access to external finance, and relates it to consumption at both the aggregate and cohort levels. The Household External Finance (HEF) index is based on the spread paid by risky borrowers in the mortgage market....
Persistent link: https://www.econbiz.de/10005498065
This paper documents a strong positive relationship between individual reported trust levels (obtained from the US General Social Survey) and the competitiveness of the sector in which an individual works (obtained from the US census of firms). This correlation is robust to the inclusion of all...
Persistent link: https://www.econbiz.de/10004973968
This paper provides evidence on household responses to the relaxation of one barrier constraining adoption of health practices - lack of information - in a resource constrained setting. It examines the effects of a randomized intervention in Malawi which provides mothers with information on...
Persistent link: https://www.econbiz.de/10011083256
We ask how much the advent of the `one child policy' can explain the sharp rise in China's household saving rate. In a life-cycle model with endogenous fertility, intergenerational transfers and human capital accumulation, we show a macroeconomic and a microeconomic channel through which...
Persistent link: https://www.econbiz.de/10011083661
We develop a theory of intergenerational transmission of preferences that rationalizes the choice between alternative …. Parenting style, in turn, feeds back into the children's welfare and economic success. The theory is consistent with the decline …
Persistent link: https://www.econbiz.de/10011083685
India's child stunting rate is among the highest in the world, exceeding that of many poorer African countries. In this paper, we analyze data for over 174,000 Indian and Sub-Saharan African children to show that Indian firstborns are taller than African firstborns; the Indian height...
Persistent link: https://www.econbiz.de/10011207396