Although intergenerational transfers of time in the form of grandparenting are substantial, little is known about their role and importance. In this paper, we calibrate an overlapping generations model extended to allow for both time and monetary transfers to the US economy. We use simulations to show that time transfers have important positive effects on labor supply and capital accumulation. ...

Subsidizing is usually controlled and provided by governments and NGOs in many countries, and is considered as a strategic service. Subsidizing is important because it provides a means for needy customers to obtain certain services, they cannot afford paying their original prices. The revolution in the technology used in mobile phones and the wide use of these mobile phones, have led to the ide...

Abstract All families in Finland have the freedom to choose between subsidized home care, universal public childcare, and private childcare. We study impact of introduction childcare subsidies Finland. Private causal effects on take-up but no care or employment among women with small children. Instead, services seem crowd out a socioeconomic gradient by mother’s education that steepens when sub...

We consider a two-period model. In the first period, individuals consume two goods: one is sinful and the other is not. The sin good brings pleasure but has a detrimental effect on second period health and individuals tend to underestimate this effect. In the second period, individuals can devote part of their saving to improve their health status and thus compensate for the damage caused by th...

In many states, the continuous improvement of incentive measures through state support and subsidizing agricultural industry is used as main approach affecting increase in productivity profitability it, ensuring availability food and, ultimately, reducing poverty stimulating economic growth country. The purpose to identify problems agriculture Kazakhstan scientific substantiation effective ways...