Similar Search Results

Revisiting the Role of Home Production in Life-Cycle Labor Supply

Faberman, R. Jason - Federal Reserve Bank of Chicago - 2015

This paper examines the role of home production in estimating life-cycle labor supply. I show that, consistent with previous studies, ignoring an individual’s time spent on home production when estimating the Frisch elasticity of labor supply biases its estimate downwards. I also show,...

Persistent link: https://www.econbiz.de/10011273718

Inter-industry contagion and the competitive effects of financial distress announcements : evidence from commercial banks and life insurance companies

Brewer, Elijah (contributor); … - 2002 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10001761426

The cost of business cycles under endogenous growth

Barlevy, Gadi (contributor) - 2003 - [Elektronische Ressource]

"In his famous 1987 monograph, Robert Lucas argued that further stabilizing the business cycles that persisted in the post-War era was pointless, because these cycles had a negligible effect on societal well- being. In particular, Lucas demonstrated that society should be willing to pay only a...

Persistent link: https://www.econbiz.de/10001915579

Prospects for immigrant-native wealth assimilation: evidence from financial market participation

Osili, Una Okonkwo; Paulson, Anna - Federal Reserve Bank of Chicago - 2005

Because financial transactions are important for wealth accumulation, and rely on trust and confidence in institutions …

Persistent link: https://www.econbiz.de/10010723898

Wealth creation

Chinloy, Peter - Federal Reserve Bank of Chicago - 2001

Persistent link: https://www.econbiz.de/10010724336

Estate taxation, entrepreneurship, and wealth

Cagetti, Marco; Nardi, Mariacristina De - Federal Reserve Bank of Chicago - 2007

features that policy makers are worried about: business investment, borrowing constraints, estate transmission, and wealth …

Persistent link: https://www.econbiz.de/10005419954

Savings of young parents

Lusardi, Annamaria; Cossa, Ricardo; Krupka, Erin L. - Federal Reserve Bank of Chicago - 2000

with several problems in measuring wealth. While many respondents report owning assets and liabilities, they often do not … calculate household wealth for the whole sample. We examine household wealth holdings by considering several measures of … families own. Overall, there is much heterogeneity in wealth holdings not only across but also within demographic groups. This …

Persistent link: https://www.econbiz.de/10005419999

Wealth inequality: data and models

Cagetti, Marco; Nardi, Mariacristina De - Federal Reserve Bank of Chicago - 2005

In the United States wealth is highly concentrated and very unequally distributed: the richest 1% hold one third of the … total wealth in the economy. Understanding the determinants of wealth inequality is a challenge for many economic models. We … summarize some key facts about the wealth distribution and what economic models have been able to explain so far. …

Persistent link: https://www.econbiz.de/10005420000

The effects of health, wealth, and wages on labor supply and retirement behavior

French, Eric - Federal Reserve Bank of Chicago - 2000

This paper analyzes the effects of wages and the Social Security System on labor supply over the life cycle. I present a model of labor supply and retirement behavior that includes a saving decision, uncertainty, and a non-negativity constraint on assets. Using data from the Panel Study of...

Persistent link: https://www.econbiz.de/10005420006

Prospects for immigrant-native wealth assimilation: evidence from financial market participation

Osili, Una Okonkwo; Paulson, Anna - Federal Reserve Bank of Chicago - 2004

Because financial transactions are important for wealth accumulation, and rely on trust and confidence in institutions …

Persistent link: https://www.econbiz.de/10005520013