complementarities in skill formation. Investments in the human capital of children should expand relative to investment in older workers …

Monitoring Survey (RLMS) for 1994-2005. We analyze cross-sectional income and consumption inequality and find that inequality … decreased during the 2000-2005 economic recovery. The decrease appears to be driven by falling volatility of transitory income … shocks. The response of consumption to permanent and transitory income shocks becomes weaker later in the sample, consistent …

Using longitudinal income-tax registers, we study how past labour market outcomes affect current labour market … welfare/non-participation. Our main finding is that after longer periods of employment with high income, individuals …

We investigate the evolution of global welfare in two dimensions: income per capita and life expectancy. First, we … estimate the marginal distributions of income and life expectancy separately. More importantly, in contrast to previous … univariate approaches, we consider income and life expectancy jointly and estimate their bivariate global distribution for 137 …

income, indicating the size of survival gains from redistribution in favour of households below the poverty line. The poverty … elasticity declines over time after 1981. It is invariant to controlling for income inequality but diminished upon controlling …