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Effect of the family life cycle on the family farm scale in Southern China
farmland scale ordered Probit modelling rural Chinese households
2015/10/9
Th is study empirically analyses the impact of family life cycles on the family farm scale of rural households in
Southern China. Th e ordered Probit modelling is applied to examine the survey data ...
Implicit Contracts,Life Cycle Labor Supply and Intertemporal Substitution
Intertemporal Substitution Implicit Contracts Micro Data Symmetry Restriction Utility Theory
2015/9/18
The implicit contract model has been suggested as a serious alternative to the spot marketinterpretation of the labor market. However, its usefulness has been limited because the wage is unobserved in...
Innovation and the Challenge of Novelty:The Novelty-Confirmation-Transformation Cycle in Software and Science
Innovation and Invention Knowledge Acquisition Knowledge Use and Leverage Infrastructure Science Creativity Software Value
2015/4/24
Innovation requires sources of novelty, but the challenge is that not all sources lead to innovation, so its value needs to be determined. However, since ways of determining value stem from existing k...
The life cycle dimension of time transfers in Europe
intergenerational transfers time use
2014/11/25
Background: Reallocation of economic resources between generations and genders has important consequences for economic growth and inequality. Unpaid work is a relevant component of intergenerational t...
The Timing of Earnings Sampling over the Life-Cycle and IV Identification of the Return to Schooling
returns to schooling instrumental variable methods dynamic discrete choice dynamic programming
2012/10/23
We show that within a life-cycle skill accumulation model, IV identification of the return to schooling parameter is either achieved at any point in the life-cycle where the level of skills accumulate...
Understanding the Cycle: Childhood Maltreatment and Future Crime
Understanding Cycle Childhood Maltreatment Future Crime
2016/3/9
Child maltreatment is a major social problem. This paper focuses on measuring the relationship between child maltreatment and crime using data from the National Longitudinal Study of Adolescent Health...
Understanding the Cycle Childhood Maltreatment and Future Crime
Cycle Childhood Maltreatment Future Crime
2014/3/18
Child maltreatment is a major social problem. This paper focuses on measuring the relationship between child maltreatment and crime using data from the National Longitudinal Study of Adolescent Health...
Speeding Up the Product Cycle: The Role of Host Country Reforms
product cycle ownership structure contract environment export variety processing trade China
2012/10/22
We study the effects of policy reforms in the South on the decisions of intrafirm and arm's length production transfers by Northern firms. We show theoretically that relaxing ownership controls and im...
General Education, Vocational Education, and Labor-Market Outcomes over the Life-Cycle
vocational education apprenticeship employment wages life-cycle adult education International Adult Literacy Survey (IALS)
2012/10/22
Policy debates about the balance of vocational and general education programs focus on the school-to-work transition. But with rapid technological change, gains in youth employment from vocational edu...
A Continuous Labour Supply Model in Microsimulation: A Life-Cycle Modelling Approach with Heterogeneity and Uncertainty Extension
lifetime labour supply dynamic microsimulation
2012/10/22
This paper advances a structural inter-temporal model of labour supply that is able to simulate the dynamics of labour supply in a continuous setting and to circumvent two main drawbacks of most of th...
Business Cycle Effects of Credit and Technology Shocks in a DSGE Model with Firm Defaults
bank credit financial intermediation firm heterogeneity and defaults interest rate spread real financial linkages
2012/10/23
This paper proposes a theoretical framework to analyze the impacts of credit and technology shocks on business cycle dynamics, where firms rely on banks and households for capital financing. Firms are...
Job Re-grading, Real Wages, and the Cycle
real wage cyclicality spot wages job moves job re-grading
2012/10/24
This paper makes use of the British New Earnings Survey Panel Dataset between 1976 and 2010. It consists of individual-level payroll data and comprises a random sample of 1% of the entire male and fem...
Elasticity of Supply to the Firm and the Business Cycle
monopsony labor market frictions business cycles
2012/10/24
A body of recent empirical work has found strong evidence that the labor elasticity of supply to the firm is finite, implying that firms may have wage setting power. However, these studies capture onl...
Longevity, Life-Cycle Behavior and Pension Reform
life expectancy public pension reform retirement employment life-cycle models consumption tax and transfer system
2012/10/25
How can public pension systems be reformed to ensure fiscal stability in the face of increasing life expectancy? To address this pressing open question in public finance, we estimate a life-cycle mode...
Life-Cycle Bias and the Returns to Schooling in Current and Lifetime Earnings
returns to schooling life-cycle bias lifetime earnings current earnings errors-in-variables model
2012/10/26
This paper uses a unique data set with nearly career-long earnings histories to provide evidence on the returns to schooling in current and lifetime earnings. We use these results to assess the import...