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Title:Do labor market institutions matter for fertility? Author(s):CAMILLI, Andrea; LAGERBORG, Andresa
Date:2017Type:Working PaperSeries/Number:EUI ECO; 2017/07Abstract:Using annual data for 20 OECD countries over the period 1961-2014, we study whether labor market institutions (LMIs) not targeted to maternity impact the total fertility rate (TFR). We distinguish between employment ...

Title:A Test of Narrow Framing and Its Origin Author(s):GUISO, LuigiDate:2009Type:Working PaperSeries/Number:EUI ECO; 2009/02Abstract:I provide a test of narrow framing to explain why individuals turn down small positive expected value lotteries. Participants in a large survey have been asked whether they would accept a small lottery of winning 180 euros ...
Title:The price of growth : consumption insurance in China 1989-2009 Author(s):SANTAEULÀLIA-LLOPIS, Raül; ZHENG, Yu
Date:2016Type:Working PaperSeries/Number:EUI ECO; 2016/13Abstract:The welfare gains of economic growth hinge on the ability of households to insure consumption against the risks associated with growth. We exploit a novel and unique opportunity to study this question using China, an economy ...

Title:The Right Amount of Trust Author(s):BUTLER, Jeffrey V.; GIULIANO, Paola; GUISO, LuigiDate:2009Type:Working PaperSeries/Number:EUI ECO; 2009/33Abstract:A vast literature has investigated the relationship between trust and aggregate economic performance. We investigate the relationship between individual trust and individual economic performance. We find that individual ...
Title:Risk Aversion, Wealth, and Background Risk Author(s):GUISO, Luigi; PAIELLA, MonicaDate:2007Type:Working PaperSeries/Number:EUI ECO; 2007/47Abstract:We use household survey data to construct a direct measure of absolute risk aversion based on the maximum price a consumer is willing to pay for a risky security. We relate this measure to consumers.endowments and attributes ...
Title:Incomplete Cost Pass-Through Under Deep Habits Author(s):RAVN, Morten O.; SCHMITT-GROHE, Stephanie; URIBE, MartinDate:2008Type:Working PaperSeries/Number:EUI ECO; 2008/06Abstract:A number of empirical studies document that marginal cost shocks are not fully
passed through to prices at the firm level and that prices are substantially less volatile
than costs. We show that in the relative-deep-habits ...