The wealth gap has reached record highs. At the same time there has been substantial proliferation of 401(k) savings accounts as the dominant retirement savings vehicle, and these accounts make up an increasing proportion of overall wealth. In this paper we examine 401(k) saving behavior of...

In this paper, we investigate whether or not there is an equal opportunities dimension to regulating equal pay and conditions for temporary work. We develop a "buffer stock" model of temporary work that suggests a number of reasons why ethnic minorities and women may be more likely to be on...

In this paper, we investigate whether or not there is an equal opportunities dimension to regulating equal pay and conditions for temporary work. We develop a "buffer stock" model of temporary work that suggests a number of reasons why ethnic minorities and women may be more likely to be on...

We examine the consequences, of integrating large minorities into productivity-relevant majority ethno-linguistic norms, for distribution, ethnic conflict and crime. We develop a two-community model where such assimilation generates social gains by: (a) facilitating economic interaction, and (b)...

Progress in narrowing black-white earnings differences has been far from continuous, with some of the apparent progress resulting from labor force withdrawal among lower-skilled African Americans. This paper builds on prior research and documents racial and ethnic differences in male earnings...

Using data of households approaching retirement in the U.S., I perform quantile decompositions of the Whites' differences in saving rates with Mexican Americans (ethnic gap) and with African Americans (racial gap). The gaps are small at the bottom half of the distribution and widen at the top,...