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Microfirms and Innovation in the Service Sector

The Accumulation of Wealth in Marriage: Over-Time Change and Within-Couple Inequalities

This study examines the accumulation of personal wealth of husbands and wives and investigates the development of within-couple wealth inequalities over time in marriage. Going beyond previous re- search that mostly studied the marriage wealth premium using household-level wealth data and that conceptualized marriage as an instantaneous transition with uniform consequences over time, we argue that ...

Dehydration Predicts Longitudinal Decline in Cognitive Functioning and Well-Being Among Older Adults

Adequate hydration is essential for health, with even mild forms of dehydration often having negative effects on cognition and well-being. Despite evidence of higher risk for dehydration among older adults, links between dehydration and cognitive or well-being outcomes have not been established in old age. In this study, we used longitudinal data from the Berlin Aging Study II (age range 60–89) to ...

Transmission Network Investment Using Incentive Regulation: A Disjunctive Programming Approach

A well-planned electric transmission infrastructure is the foundation of a reliable and efficient power system, especially in the presence of large scale renewable generation. However, the current electricity market designs lack incentive mechanisms which can guarantee optimal transmission investments and ensure reliable integration of renewable generation such as wind. This paper first proposes a ...

Institutsional'nye faktory politicheskogo doveriya v sovremennoi Rossii

The aim of this study is to analyze and assess the impact of institutional factors on political trust in various levels of government (federal, regional and local) in modern Russia. Data and methods. The study is based on microdata from the European Bank for Reconstruction and Development (EBRD) “Life in Transition Survey” (LiTS). We examined such institutional factors of political trust as perceived ...

Mortality by Education, Occupational Class and Income in Finland in the 1990s and 2000s

Differences in mortality by socio-economic position (SEP) are well established, but there is uncertainty as to which dimension of SEP is most important in what context. This study compares the relationship between three SEP dimensions and mortality in Finland, during the periods 1990–97 and 2000–07, and to existing results for Sweden. We use an 11% random sample from the Finnish population with information ...

The Effects of a Parenting Program on Maternal Well-Being: Evidence from a Randomized Controlled Trial

This paper evaluates how a light-touch parenting program for parents of children below school entry age affects maternal family well-being. We analyze data from a randomized controlled trial focusing on non-disadvantaged parents. Overall, results show no short-term effects but a relatively large positive effect of the intervention on maternal family well-being in the medium term. With a 20- to 30-percent ...

On the Accuracy of Gravity-RAS Approaches Used for Inter-Regional Trade Estimation: Evidence Using the 2005 Inter-Regional Input–Output Table of Japan

In contrast to international trade, it is still difficult to find regionaltrade statistics within a nation. Given that the gravity model con-tinues to be very popular, we test two gravity-RAS approaches usedfor interregional trade estimation: a standard one and an extendedversion, which additionally estimates intra-regional flows. We assessthe accuracy with the help of two measures and for different ...

What Determines the Elasticity of Substitution between Capital and Labor? A Literature Review

This paper provides the first comprehensive review of the empirical and theoretical literature on the determinants of the elasticity of substitution between capital and labor. Our focus is on the two-input constant elasticity of substitution (CES) production function. We start by presenting four concise observations that summarize the empirical literature on the estimation of σ. Motivated by these observations, ...

Job Displacement, Family Dynamics and Spousal Labor Supply

We study the effectiveness of intrahousehold insurance among married couples when the husband loses his job due to a mass layoff or plant closure. Empirical results based on Austrian administrative data show that husbands suffer persistent employment and earnings losses, while wives' labor supply increases moderately due to extensive margin responses. Wives' earnings gains recover only a tiny fraction ...