Results 241 to 250 of about 7,285 (279)
Pension Systems (Un)sustainability and Fiscal Constraints: A Comparative Analysis
Oxford Bulletin of Economics and Statistics, EarlyView.ABSTRACT Using an overlapping generations model, two new indicators of public pension system sustainability are proposed: the pension space, which measures the capacity to pay for pension expenditures out of labour taxation, and the pension space exhaustion probability reflecting demographic uncertainties.
Burkhard Heer +2 more
wiley +1 more source
Inequality of Opportunity in a Multiperiod Framework
Oxford Bulletin of Economics and Statistics, EarlyView.ABSTRACT This paper offers a simple model to evaluate and measure inequality of opportunity in a multiperiod framework, in which both circumstances and effort may change over time. We adopt a norm‐based approach and an axiomatic methodology: we first characterise two alternative definitions of a ‘fair distribution’, associated respectively with the ex ...
Domenico Moramarco +2 more
wiley +1 more source
Population and Development Review, EarlyView.Abstract It is well established that women's labor force participation drops markedly with marriage and childbearing, however, little is known about women's labor market transitions, especially in developing countries. This article uses the Indonesian Family Life Survey to track the employment histories of over 5000 women for more than 20 years ...
Lisa Cameron +2 more
wiley +1 more source
Women's Empowerment and Intra‐Household Bargaining Power
Review of Development Economics, EarlyView.ABSTRACT We assess the effectiveness of the Abbreviated Women's Empowerment in Agriculture Index (A‐WEAI) in predicting intra‐household bargaining power. We conducted a lab‐in‐the‐field experiment with agricultural households, where spouses made decisions about money allocations.
Marina Nacka +2 more
wiley +1 more source
Natural Resources and Political Patronage in Africa: An Ethnicity Level Analysis
Review of Development Economics, EarlyView.ABSTRACT We investigate the effect of resource discoveries on ethnicity‐level political patronage in Africa using a large geospatial dataset of 254 ethnic groups in 15 countries over the period 1960–2004. We find that the first (or single first) resource discovery in a virgin ethnic homeland increases the share of cabinet posts of that ethnicity.
Sambit Bhattacharyya, Nemera Mamo
wiley +1 more source
Tariff: The Most Beautiful Word in the Dictionary?
Review of International Economics, EarlyView.ABSTRACT We consider the welfare impacts of US tariff policy at levels proposed by President Donald J. Trump. General‐equilibrium simulations under a widely used transparent one‐sector trade model reveal sizable US welfare losses. When we extend the model to include bilateral firm selection and high resolution input–output linkages, the US losses ...
Edward J. Balistreri +2 more
wiley +1 more source
Does Openness Amplify Money‐Financed Fiscal Stimulus? A Fiscal Theory Perspective
Review of International Economics, EarlyView.ABSTRACT Does economic openness enhance or diminish the effectiveness of money‐financed (MF) fiscal stimulus? This study re‐examines this question within a small open economy framework, emphasizing the fiscal regime governing government debt valuation. While the authors of an earlier study show that MF fiscal expansions generate larger output responses
Eiji Okano, Chikafumi Nakamura
wiley +1 more source
The effect of risk on intertemporal choice
Journal of Risk Research, 2010 The strong similarities between intertemporal and risky choice raised the possibility that risk and time delay were psychologically interchangeable in the way they influence preference.
Yan Sun, Shu Li
exaly +2 more sources
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Anomalies in Intertemporal Choice?
SSRN Electronic Journal, 2007This paper argues that observations of non-stationary choice behavior need not necessarily imply specific properties of the individual's discount function. As we show, the observed "anomalies" in intertemporal choice can alternatively be explained by an individual's perception of the risk that is involved whenever an outcome is to be received in the ...
Anke Gerber, Kirsten I.M. Rohde
openaire +2 more sources
Empirical determinants of intertemporal choice [PDF]
Journal of Financial Economics, 2015 Abstract We provide new evidence on the empirical determinants of intertemporal financial decisions. We use an exogenously imposed choice affecting nearly all Croatian retirees to study characteristics associated with choosing a larger, deferred stream of payments over a smaller, more immediate payment.
Jeffrey R. Brown +2 more
openaire +1 more source