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How Family Status and Social Security Claiming Options Shape Optimal Life Cycle Portfolios

Mitchell, Olivia; Hubener, Andreas; Maurer, Raimond - National Bureau of Economic Research (NBER) - 2013

Household decisions are profoundly shaped by a complex set of financial options due to Social Security rules determining retirement, spousal, and survivor benefits, along with benefit adjustments that vary with the age at which these are claimed. These rules influence optimal household asset...

Persistent link: https://www.econbiz.de/10010951303

Bargaining Around the Hearth

Pollak, Robert A. - National Bureau of Economic Research (NBER) - 2007

In "Unpacking the Household: Informal Property Rights Around the Hearth" (Yale Law Journal, 2006) Robert Ellickson argues that as long as members of a household expect their relationship to continue, norms, rather than law, will determine allocations among them. More specifically, Ellickson...

Persistent link: https://www.econbiz.de/10005777404

On the Heterogeneity of Dowry Motives

Arunachalam, Raj; Logan, Trevon D. - National Bureau of Economic Research (NBER) - 2006

Dowries have been modeled as pre-mortem bequests to daughters or as groom-prices paid to in-laws. These two classes of models yield mutually exclusive predictions, but empirical tests of these predictions have been mixed. We argue that the heterogeneity of findings can be explained by a...

Persistent link: https://www.econbiz.de/10005710678

Migration to the US and Marital Mobility

Christopoulou, Rebekka; Lillard, Dean R. - National Bureau of Economic Research (NBER) - 2013

We combine survey data on British and German immigrants in the US with data on natives in Britain and Germany to estimate the causal effect of migration on educational mobility through cross-national marriage. To control for selective mating, we instrument educational attainment using government...

Persistent link: https://www.econbiz.de/10010821899

Ethnic Identification, Intermarriage, and Unmeasured Progress by Mexican Americans

Trejo, Stephen J.; Duncan, Brian - National Bureau of Economic Research (NBER) - 2005

Using Census and CPS data, we show that U.S.-born Mexican Americans who marry non-Mexicans are substantially more educated and English proficient, on average, than are Mexican Americans who marry co-ethnics (whether they be Mexican Americans or Mexican immigrants). In addition, the non-Mexican...

Persistent link: https://www.econbiz.de/10005085005

Women's Education and Family Behavior: Trends in Marriage, Divorce and Fertility

Isen, Adam; Stevenson, Betsey - National Bureau of Economic Research (NBER) - 2010

in their marriages and with their family life, and are not only the least likely to divorce, but have had the biggest …

Persistent link: https://www.econbiz.de/10008634700

Lifecycle Effects of a Recession on Health Behaviors: Boom, Bust, and Recovery in Iceland

Ásgeirsdóttir, Tinna Laufey; Corman, Hope; Noonan, Kelly - National Bureau of Economic Research (NBER) - 2015

This study uses individual-level longitudinal data from Iceland, a country that experienced a severe economic crisis in 2008 and substantial recovery by 2012, to investigate the extent to which the effects of a recession on health behaviors are lingering or short-lived and to explore...

Persistent link: https://www.econbiz.de/10011264922

Extended Families and Child Well-being

Thomas, Duncan; LaFave, Daniel - National Bureau of Economic Research (NBER) - 2014

family members. Drawing on theoretical models of collective decision-making, we use extremely rich data from Indonesia to … establish that child health- and education-related human capital outcomes are affected by resources of extended family members … who co-reside with the child and those who are not co-resident. Extended family members are not completely altruistic but …

Persistent link: https://www.econbiz.de/10011079875

Correlation, Consumption, Confusion, or Constraints: Why do Poor Children Perform so Poorly?

Caucutt, Elizabeth; Lochner, Lance; Park, Youngmin - National Bureau of Economic Research (NBER) - 2015

developing and persistent gaps in child achievement by family income and the importance of adolescent skill levels for … family income, we study four leading mechanisms thought to explain these gaps: an intergenerational correlation in ability, a … mechanisms influence family investments in children, we evaluate the extent to which these mechanisms also explain other …

Persistent link: https://www.econbiz.de/10011201895

Time is Money: Life Cycle Rational Inertia and Delegation of Investment Management

Mitchell, Olivia; Kim, Hugh Hoikwang; Maurer, Raimond - National Bureau of Economic Research (NBER) - 2013

This paper incorporates two empirically-grounded insights into a dynamic life cycle portfolio choice model: the fact that investors forego the opportunity to accumulate job-specific skills when they spend time managing their own money, and the observation that efficiency in financial decision...

Persistent link: https://www.econbiz.de/10011210995