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Since 1950 the sources of the gains from marriage have changed radically. As the educational attainment of women overtook and surpassed that of men and the ratio of men's to women's wage rates fell, traditional patterns of gender specialization in work weakened. The primary source of the gains...
Persistent link: https://www.econbiz.de/10010969382
This paper considers the role that high levels of income inequality and low rates of social mobility play in driving the educational attainment of youth in low-income households in the United States. Using high school degree status from five individual-level surveys, our analysis reveals that...
Persistent link: https://www.econbiz.de/10010951422
education arising from a Swedish compulsory schooling reform in the 1950s and 1960s, and the wealth holdings of the population …
Persistent link: https://www.econbiz.de/10011213644
We investigate the pattern of educational assortative mating, its evolution over time, and its impact on household income inequality. To these ends, we use rich data from the U.S. and Norway over the period 1980-2007. We find evidence of positive assortative mating at all levels of education in...
Persistent link: https://www.econbiz.de/10010796671
Studies using data from the early 1990s suggested that while the progressive Social Security benefit formula succeeded in redistributing benefits from individuals with high earnings to individuals with low earnings, it was much less successful in redistributing benefits from households with high...
Persistent link: https://www.econbiz.de/10009323436
Has there been an increase in positive assortative mating? Does assortative mating contribute to household income inequality? Data from the United States Census Bureau suggests there has been a rise in assortative mating. Additionally, assortative mating affects household income inequality. In...
Persistent link: https://www.econbiz.de/10010821896
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 … options. Together these differences substantially impact the level of 401(k) balances accumulated and therefore overall wealth …
Persistent link: https://www.econbiz.de/10011165131
Education policy makers have struggled for decades with the question of how to best serve high ability K‐12 students. As in the debate over selective college admissions, a key issue is targeting. Should gifted and talented programs be allocated on the basis of cognitive ability, or a broader...
Persistent link: https://www.econbiz.de/10010969246
This paper analyzes the impact of student loans for higher education on enrollment, dropout decisions, and earnings. We investigate the massive State Guaranteed Loan (SGL) program implemented in Chile in 2006. Our empirical analysis is based on the estimation of a sequential schooling decision...
Persistent link: https://www.econbiz.de/10010969251
The immense literature on discrimination treats outcomes as relative: One group suffers compared to another. But does a difference arise because agents discriminate against others--are exophobic--or because they favor their own kind--are endophilic? This difference matters, as the relative...
Persistent link: https://www.econbiz.de/10010969283