منابع مشابه
Heritability of lifetime ecstasy use.
BACKGROUND Ecstasy is a widely used psychoactive drug that users often take because they experience positive effects such as increased euphoria, sociability, elevated mood, and heightened sensations. Ecstasy use is not harmless and several immediate and long term side effects have been identified. Lifetime ecstasy use is likely to be partly influenced by genetic factors, but no twin study has d...
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This paper challenges the notion that on-the-job training investments are quantitatively important for workers’ welfare and argues that on-the-job training may not increase lifetime income by more than one percent. In particular, I argue that it is very difficult to reconcile the slowdown in wage growth late in a worker’s career with optimizing behavior unless the technology for learning on the...
متن کاملFraming Lifetime Income
We provide evidence that individuals optimize imperfectly when making annuity decisions, and this result is not driven by loss aversion. Life annuities are more attractive when presented in a consumption frame than in an investment frame. Highlighting the purchase price in the consumption frame does not alter this result. The level of habitual spending has little interaction with preferences fo...
متن کاملLifetime income redistribution by social security.
"This paper discusses the redistributive impact of the Dutch social security system on lifetime basis. Net benefits appear to be positive for the birth generations up to 1960. Social insurances show a declining net benefit, whereas for occupational pensions the reverse holds. It is generally assumed that flat-rated social security schemes are more redistributive ones than wage-related scheme...
متن کاملInequality in current and lifetime income
Standard theory of intertemporal choice predicts that people smooth out life-cycle changes in income by borrowing and saving, such that their standard of living in any given year depends more on lifetime income than on that year’s income. Yet, contemporary empirical studies of income inequality are typically based on observations of income for one or a few years. This empirical simplification i...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2013
ISSN: 1556-5068
DOI: 10.2139/ssrn.2253264