Showing 1 - 6 of 6
Prior research has uncovered a large and positive correlation between education and health. This paper examines whether education has a causal impact on health. I follow synthetic cohorts using successive U.S. censuses to estimate the impact of educational attainment on mortality rates. I use...
Persistent link: https://www.econbiz.de/10005251054
Prior research has uncovered a large and positive correlation between education and health. This paper examines whether education has a causal impact on health. I follow synthetic cohorts using successive U.S. censuses to estimate the impact of educational attainment on mortality rates. I use...
Persistent link: https://www.econbiz.de/10010638205
This paper applies the standard rational expectations competitive storage model to the study of thirteen commodities. It explains the skewness and the existence of rare, but violent, explosions in prices coupled with a high degree of price autocorrelation in more normal times. A feature of the...
Persistent link: https://www.econbiz.de/10005312639
Persistent link: https://www.econbiz.de/10005312756
Persistent link: https://www.econbiz.de/10005251045
For thirty years it has been accepted that consumption is smooth because permanent income is smoother than measured income. This paper considers the evidence for the contrary position--that permanent income is in fact less smooth than measured income, so that the smoothness of consumption cannot...
Persistent link: https://www.econbiz.de/10005672756