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We empirically study the determinants of intra-household decision power with respect to economic and financial choices using a suitable direct measure provided in the 1989-2010 Bank of Italy Survey of Household Income and Wealth. Focusing on a sample of couples, we evaluate the effect of each...
Persistent link: https://www.econbiz.de/10011084102
We analyse the impact on schooling outcomes of growing up in a family headed by a single mother. Growing up in a non-intact family in Germany is associated with worse outcomes in models that do not control for possible correlations between common unobserved determinants of family structure and...
Persistent link: https://www.econbiz.de/10005498067
Using data from the Health and Retirement Study (HRS), we make two contributions to the literature on end-of-life transfers. First, we show that unequal bequests are much more common than generally recognized, with one-third of parents with wills planning to divide their estates unequally among...
Persistent link: https://www.econbiz.de/10011165653
-cycle model in which agents make consumption, saving, labor force participation (LFP), and marriage and divorce decisions subject …
Persistent link: https://www.econbiz.de/10011084705
, personal attributes and marriage variables) was employed to test for the determinants of this decision. It was found that the …
Persistent link: https://www.econbiz.de/10005656201
Our paper is concerned with the impact of tax reductions on the demand for services in the home. For that purpose, we consider the particular case of the French legislation voted in 1991. This law allows households employing paid help in the home to deduct from their income tax 50% of the sums...
Persistent link: https://www.econbiz.de/10005666573
. This paper derives the implications of this observation for the pattern of matching in marriage markets, the dynamics of … marriage markets will naturally tend to be hypergamous - that is, a marriage is more likely to be beneficial to both parties … goes up. The model sheds light on how marriage affects the returns to human capital for men and women. Absent marriage …
Persistent link: https://www.econbiz.de/10005123619
We develop and estimate a model of dynamic interactions where commitment is limited and contracts are incomplete to explain the patterns of income and consumption growth in village economies of less developed countries. Households can insure through both formal contracts and informal agreements,...
Persistent link: https://www.econbiz.de/10005504414
We develop and estimate a model of dynamic interactions in which commitment is limited and contracts are incomplete to explain the patterns of income and consumption growth in village economies of less developed countries. Households can insure each other through both formal contracts and...
Persistent link: https://www.econbiz.de/10005123633
Women born in 1935 went to college significantly less than their male counterparts and married women's labor force participation (LFP) averaged 40% between the ages of thirty and forty. The cohort born twenty years later behaved very dierently. The education gender gap was eliminated and married...
Persistent link: https://www.econbiz.de/10009359486