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Will women save more than men? A theoretical model of savings and marriage
TLDR
In this paper, the authors present an inter-temporal model of individual behavior with uncertainty about marriage and divorce and which accommodates the possible presence of economies or diseconomies of scale from marriage.Abstract:
This paper presents an inter-temporal model of individual behavior with uncertainty about marriage and divorce and which accommodates the possible presence of economies or diseconomies of scale from marriage. We show that a scenario of higher marriage rates and higher divorce rates will be associated with higher savings rates in the presence of economies of marriage and with lower savings rates in the presence of diseconomies of marriage. In the context of traditional gender roles, this implies higher saving rates by young men and lower saving rates by young women than in less traditional countries, the opposite being the case with saving rates of married women relative to those of married men. We establish the relevance of traditional gender roles and marital status to understanding cross-country variation in gender differentials in savings behavior.read more
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Subjective Well-Being, Income, Economic Development and Growth
TL;DR: This paper explored the relationship between subjective well-being and income, as seen across individuals within a given country, between countries in a given year, and as a country grows through time.
Journal ArticleDOI
Justifying social discounting: the rank-discounted utilitarian approach
Stéphane Zuber,Geir B. Asheim +1 more
TL;DR: It is shown that more inequality averse RDU societies have higher social discount rates when future generations are better-off, and it is proved that it promotes sustainable policies maximizing discounted utility.
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Nineteenth Century US African-American and White Female Statures: Insight from US Prison Records
TL;DR: In this paper, the biological living conditions of comparable US African-American and white female statures during economic development were compared using a new source of 19th century state prison records.
Journal ArticleDOI
Cross-Country Evidence on Teacher Performance Pay.
TL;DR: This article found that the use of teacher salary adjustments for outstanding performance is significantly associated with math, science, and reading achievement across countries, and that performance-related pay is about one quarter standard deviations higher.
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Inefficient Group Organization as Optimal Adaption to Dominant Environments
TL;DR: In this paper, a costless incentive scheme that entirely avoids free-riding within a group might not be desirable, neither individually nor socially, in contests among two groups, and a relatively weak (i.e., small or unproductive) group will optimally not implement them because they compound strength differences between groups.
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Natural Resources: Curse or Blessing?
TL;DR: This paper surveys a variety of hypotheses and supporting evidence for why some countries benefit and others lose from the presence of natural resources and offers some welfare-based fiscal rules for harnessing resource windfalls in developed and developing economies.
Journal ArticleDOI
The Economics of Roscas and Intrahousehold Resource Allocation
Siwan Anderson,Jean-Marie Baland +1 more
TL;DR: Investigation of individual motives to participate in rotating savings and credit associations in Kenya suggests that most roscas are predominantly composed of women, particularly those living in a couple and earning an independent income.
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The Impact of Teacher Subject Knowledge on Student Achievement: Evidence from Within-Teacher Within-Student Variation
TL;DR: In this paper, the causal effect of teacher subject knowledge on student achievement using within-teacher within-student variation was estimated using a unique Peruvian 6th-grade dataset that tested both students and their teachers in two subjects.
Book ChapterDOI
Marriage, Assets, and Savings
Joseph P. Lupton,James P. Smith +1 more
TL;DR: Browning and Lusardi as discussed by the authors explored the relationship between household type and asset accumulation using two household surveys: the Health and Retirement Survey (HRS) and the Panel Study of Income Dynamics (PSID).