Showing 1 - 10 of 22
Investing in human capital increases lifetime income, but these investments may involve substantial risk. In this paper we use a Finnish panel spanning 22 years to predict the mean, the variance and the skew of the present value of lifetime income, and to calculate certainty equivalent lifetime...
Persistent link: https://www.econbiz.de/10010960122
In this paper we estimate the effect of education on lifetime earnings in Europe, by distinguishing between individuals who lived in rural or urban areas during childhood and between individuals who had access to many or few books at age ten. We instrument years of education using reforms of...
Persistent link: https://www.econbiz.de/10009652526
This paper analyzes the evolution of tax progressivity in Sweden from both annual and lifetime perspectives. Using a rich micro panel with administrative records of incomes, taxes and benefits over the period 1968–2009, we calculate tax rates across the income distribution accounting for...
Persistent link: https://www.econbiz.de/10010553315
international bailout in 2010. Given the economic collapse, Ireland provides an ideal case-study of the link between wealth … this massive fall in wealth, measures of health and well-being remained broadly unchanged. However, expectations about …
Persistent link: https://www.econbiz.de/10010884281
increase individuals' financial literacy and that the relationship between financial literacy and wealth is largely …
Persistent link: https://www.econbiz.de/10010959735
particular interest to economists, namely income and wealth and (b) to discuss issues in relation to their use, in particular … with respect to missing data. We describe how the income and wealth data were collected. We assess the quality of the … consider the relationship between income/wealth and life satisfaction, another variable captured in TILDA. We find that income …
Persistent link: https://www.econbiz.de/10010960113
SIPP data are used to analyze the wealth of the U.S. foreign-born population. We find that the median wealth level of U ….S.-born couples is 2.3 times the median of foreign-born couples, while the median wealth level of U.S.-born singles is three times … that of foreign-born singles. Further, there is a great deal of diversity in wealth within the immigrant population …
Persistent link: https://www.econbiz.de/10005233806
This paper investigates how ethnic minorities in rural China are faring compared with the ethnic majority. The village is the unit of analysis and large surveys for 2002 are used. Minority villages in northeast China are found to have a somewhat better economic situation than the average...
Persistent link: https://www.econbiz.de/10005233816
a common framework. We illustrate this by analyzing the role of income and wealth as dimensions of multidimensional well … the country ranking depending on the measure. While in Germany wealth predominantly contributes to the intensity of …
Persistent link: https://www.econbiz.de/10009283567
This paper investigates the relationship between wealth, ageing and saving behaviour of private households by using … pooled cross sections of German consumption survey data. Different components of wealth are distinguished, as their impact on … wealth. In addition, the savings rate strongly responds to demographic trends. Besides the direct impact of the age structure …
Persistent link: https://www.econbiz.de/10010550528