, household income, and household wealth - and the health outcomes investigated span multiple dimensions as well. International …-country differences in levels of income equality and mortality as among the most compelling evidence that unequal societies have negative … top. This social health gradient exists whether education, income, or financial wealth is used as the marker of SES. While …

In this paper we reassess the evidence on labor income risk. There are two leading views on the nature of the income … process in the current literature. The .first view, which we call the .Restricted Income Profiles.(RIP) process, holds that … individuals are subject to large and very persistent shocks, while facing similar life-cycle income profiles. The alternative view …

which measures of SES are used (income, wealth, or education), the evidence that this association is large is abundant …

aspects such as income or wealth or nonfinancial dimensions like education? Finally, is there a life course component to the …

This paper compares patterns of private school attendance in the UK and Australia. About 6.5% of school children in the … to model attendance at a private school at age 15 or 16 as a function of household income and other child and parental … characteristics. As one might expect, we observe a strong effect of household income on private school attendance. The addition of …

and unobservable characteristics aff ect children's decisions to drop out of high school. First, we document the strength … of observable socio-economic factors: our data suggest that teenage boys with two parents who are themselves high school … dropouts have a 16% chance of dropping out, compared to a dropout rate of less than 1% for boys whose parents both have a …

partial equilibrium under imperfect insurance. In this paper the assumption of i.i.d. income innovations used in previous … empirical studies is removed and the focus of the analysis placed on models for the conditional variance of income shocks, that … earnings determination that separate income shocks into idiosyncratic transitory and permanent components. We allow for …