Showing 1 - 5 of 5
estimate a life-cycle model of marriage, labor supply and divorce under limited commitment to better understand the mechanisms …
Persistent link: https://www.econbiz.de/10011817475
be interpreted through a structural model of the marriage market; in particular, a crucial issue is how they relate to … variations in the economic surplus generated by marriage. We propose a very general criterion of increase in assortativeness, and … US over the last decades, and conclude that assortative matching has increased, particularly at the top of the education …
Persistent link: https://www.econbiz.de/10012209877
participation. We build an overlapping generations life cycle model with education, labor supply, and consumption/saving decisions …. Cognitive and non-cognitive skills of children depend on the cognitive skills and education of parents, and affect education … be used to fund education, supplementing grants, loans and the labor supply of the children themselves during college …
Persistent link: https://www.econbiz.de/10011880035
participation. We build an overlapping generations life-cycle, heterogeneous-agent, incomplete-markets model with education, labor … education. We find that the current financial aid system in the U.S. improves welfare, and removing it would reduce GDP by 4 …
Persistent link: https://www.econbiz.de/10011447151
education, labour supply, and consumption/saving decisions. Altruistic parents make inter vivos transfers to their children … of funding for college education. We find that the current financial aid system in the U.S. improves welfare, and …
Persistent link: https://www.econbiz.de/10009777700