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| Pushkarskaya, Helen N.; Marshall, Maria I.. |
| Our study uses the data collected during the implementation of the tobacco buyout program in Kentucky to evaluate how rural households, diverse in income, age, family structure, location, education level, and other characteristics, made a choice between annuities and a lump-sum payment. Subjects in our field experiment did not have to retire or change their employment, as did subjects in many field studies of the choice between annuities and lump-sum payments, which allowed us to evaluate the relationship between the option choice and a decision whether to exit the tobacco market. Our results suggest that while discounted utility theory gives acceptable predictions of the farmers’ behavior, other factors have to be taken into consideration. First, there... |
| Tipo: Journal Article |
Palavras-chave: Annuity; Family business system; Intertemporal choice; Lump sum; Tobacco buyout; Agribusiness; Consumer/Household Economics; Institutional and Behavioral Economics; Marketing; G11; H31; J10. |
| Ano: 2009 |
URL: http://purl.umn.edu/56647 |
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| Schultz, T. Paul. |
| Economic explanations for the fertility transition focus on the role of returns to schooling, especially for women, which have encouraged women to obtain more education and facilitated the rise in womens wages relative to mens. The private opportunity costs of children have therefore increased, and parents have been motivated to substitute child schooling for additional births Declines in fertility have proceeded unevenly, first across the high income countries, and more recently across the low income countries. The cross sectional differentials in fertility are also frequently analyzed in household surveys, suggesting parallels with the cross-country comparisons. At an aggregate level, states have simultaneously legislated socialized support for the... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Fertility transition; Womens schooling; Womens wages; Child mortality; Labor and Human Capital; D19; J10; J13; N30. |
| Ano: 2001 |
URL: http://purl.umn.edu/28471 |
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| Yamano, Takashi; Jayne, Thomas S.. |
| The rapid increase in adult mortality due to the AIDS epidemic in sub-Saharan Africa raises great concern about potential intergenerational effects on children. This article estimates the impact of AIDS-related adult mortality on primary school attendance in rural Kenya using a panel of 1,266 households surveyed in 1997, 2000, and 2002. The paper distinguishes between effects on boys’ and girls’ education to understand potential gender differences resulting from adult mortality. We also estimate how adult mortality affects child schooling before as well as after the death occurs. The paper also estimates the importance of households’ initial asset levels in influencing the relationship between adult mortality and child school attendance. We find that all... |
| Tipo: Working or Discussion Paper |
Palavras-chave: HIV/AIDS; Kenya; Education; Health Economics and Policy; Labor and Human Capital; O12; O15; J10; Q12. |
| Ano: 2004 |
URL: http://purl.umn.edu/55159 |
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