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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 ...
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...
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...
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...
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...
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...
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...
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...
Research on intergenerational income mobility is based on current income since data on lifetime income are typically not available for two generations. However, using snapshots of income over shorter ...
This study develops and applies a general framework for the analysis of the period quantum and tempo of life-cycle events, extending methods developed previously by the authors. The existence of tempo...
In this paper we apply optimal matching techniques to individual work-histories in the British Household Panel Survey (BHPS), with a two-fold objective. First, to explore the usefulness of this sequen...
In this paper we apply optimal matching techniques to individual work-histories in the British Household Panel Survey (BHPS), with a two-fold objective. First, to explore the usefulness of this sequen...
This chapter explores the consequences of Social Security reform for the inequality of consumption across individuals. The basic idea is that inequality is at least in part the consequence of individu...
This paper extends the standard model of life cycle consumption, saving and labor supply in a number of directions. First, it argues that consumption should be defined as expenditure on household prod...
This paper presents a life cycle model for the demand for health, and derives empirical specifications that distinguish between permanent and transitory wage responses. Using panel data, we estimate d...

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