Showing 1 - 10 of 58
the occurrence of life events in families (e.g., adult children leaving home, care for aging parents). It is noted that … home-leaving by adult children has been taking longer in recent years, and in many instances adult children return to their …
Persistent link: https://www.econbiz.de/10005181074
reductions in family earnings are strongly associated with labour force entry. Moreover, labour force transition probabilities …
Persistent link: https://www.econbiz.de/10005181093
The duration of spells of lone motherhood has important consequences for the economic well being of the members of such families and the cost of social programs. We use a large sample of linked income tax records to estimate a competing risk model of the impact of welfare benefits, language...
Persistent link: https://www.econbiz.de/10005404457
A model is developed in which economic agents learn to make price-setting, price-response, and resource allocation decisions in decentralized markets where all information and interaction is local. Computer simulation shows that it is possible for agents to act almost as if they had the...
Persistent link: https://www.econbiz.de/10005763341
The family investment hypothesis predicts that credit-constrained immigrant families adopt a household strategy for … granted a visa, dependent family members are automatically granted visas as well. Thus principal applicant status provides an … alternative way to identify primary and secondary workers in immigrant households. We exploit this idea to reevaluate the family …
Persistent link: https://www.econbiz.de/10005763362
The paper provides an analysis of the economic circumstances of Canadian cohorts in older phases of the life cycle. It begins by discussing the definition of "old" and the case for an upward revision of the traditional age-65 definition. It then goes on to consider changes in patterns of labour...
Persistent link: https://www.econbiz.de/10005763374
Do Registered Retirement Savings Plans (RRSPs) increase savings? It is unclear whether they are largely "savings-creating" (i.e. generate new savings) or are largely "savings-diverting" (i.e. the repository for shifted existing assets or for savings that would have been made without the plans)....
Persistent link: https://www.econbiz.de/10005763376
Survey of Consumer Finances (SCF) and The Family Expenditure Survey (FAMEX). We examine Income and Expenditure Patterns over …
Persistent link: https://www.econbiz.de/10005763382
While it is well known that demand elasticities calculated at the macro level will in general differ from those calculated at the micro level because of aggregation effects there remain the questions of how large the effects are, and how they vary with the degree of nonuniformity in the income...
Persistent link: https://www.econbiz.de/10005181102
Starting with a theoretical QUAIDS model at the micro level, an approximate aggregation is developed that allows the model to be applied to time series at the macro level (The approximated aggregation holds for a "representative" consumer with utility equal to the harmonic mean of the individual...
Persistent link: https://www.econbiz.de/10005405522