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measurement of quality of life. We find that under a canonical parameterization, mobility frictions—generated by idiosyncratic … tastes and local ties—dominate trade frictions—generated by trade costs and non-tradable services—as a source of measurement … error in the Rosen-Roback framework. This non-classical measurement error leads to a downward bias in es-timates of the …
Persistent link: https://www.econbiz.de/10015164620
We focus on the housing market and examine why nonlocal home buyers (NLBs) pay 15 percent more for houses than local home buyers (LBs). We estimate a housing demand model that returns heterogeneous willingness to pay parameters for housing attributes. Our results show that NLBs are willing to...
Persistent link: https://www.econbiz.de/10012225430
economically and statistically significant bias in the measurement of prices and real output. We combine theoretical insights from …
Persistent link: https://www.econbiz.de/10011977187
This paper explores (dis-)economies of scale in property value assessment via cooperative agreements among small tax assessing jurisdictions without consolidation. New York State incentivizes small neighboring towns to unify their assessment function while maintaining respective tax authority;...
Persistent link: https://www.econbiz.de/10012120249
Norwegian parents of preschool children make their care choices from a completely different choice set compared to what their predecessor did, say, two decades ago. Now, there is essentially only one type of nonparental care, center-based care, and at the parental side fathers take a more...
Persistent link: https://www.econbiz.de/10011721562
Flexible work schedules and telecommuting may help to improve the combination of work and family. This is arguably most important in households with (young) children. An open question is whether job flexibility can increase the well-being of the children, which depends, in part, on the time...
Persistent link: https://www.econbiz.de/10015154420
In Germany, formal child care coverage rates have increased markedly over the past few decades. The present paper is concerned with how mothers ́mental and physical health is affected by whether they place their child in formal day care or not. Furthermore, the effects of formal child care...
Persistent link: https://www.econbiz.de/10009764447
In this paper we develop an overlapping generations model in which child care matters for human capital accumulation. We investigate whether an increase in labor supply brought about by a reduction in taxes is always associated with a reduction in parental time devoted to children, which...
Persistent link: https://www.econbiz.de/10010256101
In a model with endogenous fertility and labor supply three instruments of family policies are analyzed: child benefits, subsidies for external child care, and parental leave payments. We compare the impact on the quantity and quality of children, the secondary earner's labor supply and welfare....
Persistent link: https://www.econbiz.de/10010388733
This paper presents the properties of optimal piecewise linear tax systems for two-earner households, based on joint and individual incomes respectively. A key contribution is the analysis of the interaction between second earner wage differences, variation in the price of child care and...
Persistent link: https://www.econbiz.de/10010229858