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We document that home ownership of households with heads aged 25-44 years fell substantially between 1980 and 2000 and recovered only partially during the 2001{2005 housing boom. The 1980{2000 decline in young home ownership occurred as improvements in mortgage opportunities made it easier to...
Persistent link: https://www.econbiz.de/10010275729
assess the benefits of marriage and consequences of other family structures. The study begins by describing theoretical … also discusses models of the determinants of marriage. The study then overviews specific statistical techniques that have … been applied in empirical analyses of the effects of marriage, including standard regression, instrumental variables …
Persistent link: https://www.econbiz.de/10010261768
Parents in several cultures 'discipline' their daughters to inculcate the supposedly feminine virtues. The measures taken by parents range from the benign to the brutal across societies. The paper formalizes the idea that this process can be understood as an equilibrium outcome of a signaling...
Persistent link: https://www.econbiz.de/10010263838
We document that home ownership of households with 'heads' aged 25-44 years fell substantially between 1980 and 2000 and recovered only partially during the 2001-2005 housing boom. The 1980-2000 decline in young home ownership occurred as improvements in mortgage opportunities seemingly made it...
Persistent link: https://www.econbiz.de/10010292126
This paper develops the theoretical foundations and the testable implications of the various mechanisms that have been proposed as possible triggers for the demographic transition. Moreover, it examines the empirical validity of each of the theories and their significance for the understanding...
Persistent link: https://www.econbiz.de/10010282290
This paper develops the theoretical foundations and the testable implications of the various mechanisms that have been proposed as possible triggers for the demographic transition. Moreover, it examines the empirical validity of each of the theories and their significance for the understanding...
Persistent link: https://www.econbiz.de/10010284073
We examine the long-run relationship between fertility, mortality, and income using panel cointegration techniques and … the available data for the last century. Our main result is that mortality changes and growth of income per capita account … for a major part of the fertility change characterizing the demographic transition. The change of mortality alone, however …
Persistent link: https://www.econbiz.de/10010289008
This paper shows how a shorter fecundity horizon for females (a biological constraint) leads to age and educational disparities between husbands and wives. Empirical support is based on data from a natural experiment commencing before and ending after China's 1980 one-child law. The results...
Persistent link: https://www.econbiz.de/10010435271
The leading evidence against the unitary household models is that "who gets what" is significantly dependent upon "who earns how much." However, it is difficult to pin down the causal effect of relative earnings on intra-household resource allocation because households jointly decide both labor...
Persistent link: https://www.econbiz.de/10010262001
In 1958 Jacob Mincer pioneered an important approach to understand how earnings are distributed across the population. In the years since Mincer's seminal work, he as well as his students and colleagues extended the original human capital model, reaching important conclusions about a whole array...
Persistent link: https://www.econbiz.de/10010268458