The Allocation of Time and Goods Over the Life Cycle
Author: Gilbert R. Ghez
Publisher:
Published: 1975
Total Pages: 172
ISBN-13: 9780598172938
DOWNLOAD EBOOKRead and Download eBook Full
Author: Gilbert R. Ghez
Publisher:
Published: 1975
Total Pages: 172
ISBN-13: 9780598172938
DOWNLOAD EBOOKAuthor: Gilbert R. Ghez
Publisher: Columbia University Press
Published: 1975
Total Pages: 180
ISBN-13:
DOWNLOAD EBOOKThere is a belief now that family behavior over the life cycle can be analyzed by economic methods. This study deals with allocation of resources by families over time.
Author: Jeremy Greenwood
Publisher:
Published: 1990
Total Pages: 52
ISBN-13:
DOWNLOAD EBOOKAuthor: Francis T. Juster
Publisher:
Published: 1974
Total Pages: 466
ISBN-13: 9780608185552
DOWNLOAD EBOOKAuthor: B. Douglas Bernheim
Publisher: University of Chicago Press
Published: 1991-05
Total Pages: 408
ISBN-13: 9780226044040
DOWNLOAD EBOOK"... Papers presented at a conference held at the Stouffer Wailea Hotel, Maui, Hawaii, January 6-7, 1989. ... part of the Research on Taxation program of the National Bureau of Economic Research." -- p. ix.
Author: Martin Browning
Publisher: Cambridge University Press
Published: 2014-06-05
Total Pages: 511
ISBN-13: 1107728924
DOWNLOAD EBOOKThe family is a complex decision unit in which partners with potentially different objectives make consumption, work and fertility decisions. Couples marry and divorce partly based on their ability to coordinate these activities, which in turn depends on how well they are matched. This book provides a comprehensive, modern and self-contained account of the research in the growing area of family economics. The first half of the book develops several alternative models of family decision making. Particular attention is paid to the collective model and its testable implications. The second half discusses household formation and dissolution and who marries whom. Matching models with and without frictions are analyzed and the important role of within-family transfers is explained. The implications for marriage, divorce and fertility are discussed. The book is intended for graduate students in economics and for researchers in other fields interested in the economic approach to the family.
Author: United Nations Environment Programme
Publisher: UNEP/Earthprint
Published: 2009
Total Pages: 104
ISBN-13: 9789280730210
DOWNLOAD EBOOKThe Guidelines for Social Life Cycle Assessment of Products provides a map, a skeleton and a flash light for stakeholders engaging in the assessment of social and socio-economic impacts of products life cycle. The map describes the context, the key concepts, the broader field in which tools and techniques are getting developed and their scope of application. The skeleton presents key elements to consider and provide guidance for the goal and scope, inventory, impact assessment and interpretation phases of a social life cycle assessment. The flash light highlights areas where further research is needed. Social Life Cycle Assessment is a technique available to account for stories and inform systematically on impacts that otherwise would be lost in the vast and fast moving sea of our modern world. May it help stakeholders to effectively and efficiently engage to improve social and socio-economic conditions of production and consumption
Author: National Research Council
Publisher: National Academies Press
Published: 1988-02-01
Total Pages: 301
ISBN-13: 0309037492
DOWNLOAD EBOOKThis volume explores the scientific frontiers and leading edges of research across the fields of anthropology, economics, political science, psychology, sociology, history, business, education, geography, law, and psychiatry, as well as the newer, more specialized areas of artificial intelligence, child development, cognitive science, communications, demography, linguistics, and management and decision science. It includes recommendations concerning new resources, facilities, and programs that may be needed over the next several years to ensure rapid progress and provide a high level of returns to basic research.
Author: Daniel Shaviro
Publisher:
Published: 2023
Total Pages: 0
ISBN-13:
DOWNLOAD EBOOKWhat time periods should we use in tax and other fiscal policy to evaluate people's circumstances, and thus to determine either how they are being treated, or how they ought to be? This question is both fundamental and pervasive.Standard economic reasoning offers grounds for entirely basing one's thinking on lifetime models. In particular, the closely related permanent income and life cycle hypotheses support employing a purely lifetime perspective in evaluating people's circumstances and treatment. The resulting model posits that people make decisions on a lifetime basis, seeking to optimize lifetime utility in the face of both (1) period-specific declining marginal utility of consumption, and (2) whatever preferences they happen to have as between consumption in different periods. Accordingly, in the presence of complete markets (including a lack of borrowing constraints), the question of when one earns a given dollar ostensibly makes no difference regarding when one spends it on consumption. And equivalently, when one pays a given dollar of tax will make no difference regarding how much one spends in any period.This model applies the same basic logic as a two-goods model in an Economics 101 casebook (featuring, say, pizza and movies), but in a far more complex setting in which its application is considerably more challenging. Despite its ruthless simplification, it likely has some degree of descriptive accuracy. People surely do make some plans across very long time horizons, such as early-life career choice, and subsequent planning (however imperfect it may be) for retirement.Yet the factors that undermine life cycle view's accuracy and normative relevance are not limited to borrowing constraints. Also of crucial importance are people's tendency to treat different periods as effectively separate, and a number of other constraints that would prevent them (even if so minded) from equalizing the marginal utility of consumption as between periods.In sum, therefore, the life cycle model is not sufficiently descriptively accurate to be treated as more than an important orienting benchmark. Like such other “it doesn't matter” theories as the Coase Theorem, the Efficient Markets Hypothesis, and the Modigliani-Miller Theorem, its value lies more in its showing us where to look for falsifying conditions, than in its actual empirical validity.
Author: Timothy F. Bresnahan
Publisher: University of Chicago Press
Published: 2008-04-15
Total Pages: 508
ISBN-13: 0226074188
DOWNLOAD EBOOKNew goods are at the heart of economic progress. The eleven essays in this volume include historical treatments of new goods and their diffusion; practical exercises in measurement addressed to recent and ongoing innovations; and real-world methods of devising quantitative adjustments for quality change. The lead article in Part I contains a striking analysis of the history of light over two millenia. Other essays in Part I develop new price indexes for automobiles back to 1906; trace the role of the air conditioner in the development of the American south; and treat the germ theory of disease as an economic innovation. In Part II essays measure the economic impact of more recent innovations, including anti-ulcer drugs, new breakfast cereals, and computers. Part III explores methods and defects in the treatment of quality change in the official price data of the United States, Canada, and Japan. This pathbreaking volume will interest anyone who studies economic growth, productivity, and the American standard of living.