Showing 1 - 10 of 529
In this paper we look at the relationship between health and income as mediated by "lifestyle" choices; that is, a set … that there are substantial differences between the permanent and transitory income determinants - also in terms of the … direction of the effects. Moreover, we find that income effects often differ significantly in size and sometimes sign according …
Persistent link: https://www.econbiz.de/10011307453
The predominant part of the literature states that women are more likely to donate tocharitable causes but men are more generous in terms of the amount given. The last resultgenerally derives from the focus on mean amount given...
Persistent link: https://www.econbiz.de/10005860771
Was the increase in income inequality in the US due to permanent shocks or merely to anincrease in the variance of … repeated cross-section data onconsumption and income to decompose idiosyncratic changes in income into predictable …
Persistent link: https://www.econbiz.de/10005861079
A Discrete Choice Experiment (DCE) in the health-care sector is used to test the lossaversion theory that is derived from reference-dependent preferences: The absolutesubjective value of a deviation from a reference point is generally greater when the deviationrepresents a loss than when the...
Persistent link: https://www.econbiz.de/10005861082
We develop new indices of skill and skill use, drawing on the alley of skill and skill-use questions in the Programme for the International Assessment of Adult Competencies (PIAAC). We demonstrate that the proposed skill and skill use indices explain the wage gap between males and females, as...
Persistent link: https://www.econbiz.de/10013351716
countries, the effect is broad-based, and similar across income groups. These findings provide a unique lens into the …
Persistent link: https://www.econbiz.de/10013351733
This paper studies the direct impact of households' debt on consumption over the business cycle. We use household-level panel data for Spain, and focus on a interesting period of analysis, 2002-2017, characterized by large variations in leverage, consumption, and asset prices. We find that debt...
Persistent link: https://www.econbiz.de/10013351761
collisions. The results are robust to several sensitivity exercises. There is no evidence of effect heterogeneity by income and …
Persistent link: https://www.econbiz.de/10013351815
In the standard neoclassical model consumers use all the available information and the demand for goods depends exclusively on preferences and prices whereas other spurious information do not play any role. In the market for books, we investigate if – in contrast to the standard model – the...
Persistent link: https://www.econbiz.de/10013426350
There have been more than 500,000 opioid overdose deaths since 2000. To analyze the opioid epidemic, a model is constructed where individuals choose whether to use opioids recreationally, knowing the probabilities of addiction and dying. These odds are functions of recreational opioid usage....
Persistent link: https://www.econbiz.de/10013426423