The compensating behavior of smokers: taxes, tar, and nicotine
The 1979 and 1987 National Health Interview Survey (NHIS) show that smokers in states which impose higher cigarette excise taxes tend to consume cigarettes with higher tar and nicotine content. In connection with this, while higher taxes lessen the daily number of cigarettes consumed, the tar and nicotine intake per day is not reduced. On the other hand, smokers from ages 18 to 24 are more adept at responding to tax changes than older smokers. At such, after new taxes are imposed, the nicotine and tar intake of young smokers actually increase.
Publication Name: RAND Journal of Economics
Children and their parents' labor supply: evidence from exogenous variation in family size
An analysis of child-bearing consequences on labor supply reveals that children do contribute to a reduction in the female labor supply in both least squares estimates and instrumental variables analyses. The study also finds that child-bearing effects on college educated women and women whose husbands have high wages are smaller and possibly absent and that men change their labor-market behavior little to increases in family size.
Publication Name: American Economic Review
Data watch: research data in health economics
Sources of data for those studying health care in the US are examined in detail.
Publication Name: Journal of Economic Perspectives
- Abstracts: Incumbent behavior: vote-seeking, tax-setting, and yardstick competition. Medical compliance and income-health gradients
- Abstracts: Discrete time representation of stationary and non-stationary continuous time systems. Dynamic optimization and forward looking processes
- Abstracts: Precautionary portfolio behavior from a life-cycle perspective. On dynamic investment strategies
- Abstracts: The role of social norms in a model of marriage and divorce. Bounded rationality, social and cultural norms, and interdependence via reference groups
- Abstracts: Scientific, technical, and innovation activity in machine building. Sources of investment resources in Russia