Showing 1 - 10 of 95
This paper is a quantitatively-oriented theoretical study into the interaction between housing prices, aggregate … value of real estates is large, housing prices react more to an exogenous change in expected productivity or the world …, however, has limited effects on housing prices. …
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
The determinants of marital instability is an important area of research for demography, sociology and economics, with a host of public policy outcomes being significantly affected by family breakdown. This paper improves our understanding of the issue through the use of rich longitudinal data...
Persistent link: https://www.econbiz.de/10008487313
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
Wealthy individuals often voluntarily provide public goods that the poor also consume. Such philanthropy is perceived as legitimizing one’s wealth. Governments routinely exempt the rich from taxation on grounds of their charitable expenditure. We examine the normative logic of this exemption....
Persistent link: https://www.econbiz.de/10005504401
There is a large econometric literature that examines the economic assimilation of immigrants in the United States and elsewhere. On the whole immigrants are seen as atomistic individuals assimilating in a largely anonymous labour market, a view that runs counter to the spirit of the equally...
Persistent link: https://www.econbiz.de/10004971352
In this chapter, we provide an overview on the literature on key players in networks. We first introduce the theoretical concept of the key player, which is the agent that should be targeted by the planner so that, once removed, she will generate the highest level of reduction in total activity....
Persistent link: https://www.econbiz.de/10011096104
We survey the literatures on the economic consequences of the structure of social networks. We develop a taxonomy of 'macro' and 'micro' characteristics of social inter-action networks and discuss both the theoretical and empirical findings concerning the role of those characteristics in...
Persistent link: https://www.econbiz.de/10011165640
This study explores the effect of several personal religion-related variables on social behaviour, using three paradigmatic economic games: the dictator (DG), ultimatum (UG), and trust (TG) games. A large carefully designed sample of a Spanish urban adult population (N=766) is employed. From...
Persistent link: https://www.econbiz.de/10011083371
Can we identify the members of a community who are best- placed to diffuse information simply by asking a random sample of in- dividuals? We show that boundedly-rational individuals can, simply by tracking sources of gossip, identify those who are most central in a network according to...
Persistent link: https://www.econbiz.de/10011083579