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Alvarez-Cuadrado, Francisco; el Attar, Mayssun - 2012

Over the last three decades, average income for the bottom half of the US distribution increased by 8% while their average saving rate decreased by eight percentage points. Over the same period the US experienced a substantial increase in inequality and a continuous decrease in the aggregate...

Persistent link: https://www.econbiz.de/10010291404

Pensions, household saving, and welfare: A dynamic analysis

Blau, David M. - 2011

Empirical analyses of the effects of public and private pensions on household saving impose strong assumptions in order … household wealth is crowded out by pensions? (2) Can linear regression analysis accurately estimate the magnitude of crowdout … when the assumptions used in the empirical analysis are invalid? (3) How valuable are pensions to households? Simulation …

Persistent link: https://www.econbiz.de/10010278632

Shifts in US savings : long-run asset accumulation versus consumption smoothing

Tanner, Evan - In: Applied economics 29 (1997) 8, pp. 989-999

Persistent link: https://www.econbiz.de/10001227148

An age perspective on economic well-being and social protection in nine OECD countries

Dang, Thai-Thanh; Immervoll, Herwig; Mantovani, Daniela; … - 2006

This paper quantifies the economic well-being of different age groups and the extent of their reliance on incomes from public and private sources. The aim is to establish how social benefits, and the taxes needed to finance them, affect income levels and disparities across different age groups....

Persistent link: https://www.econbiz.de/10010267998

Minimizing bias in selection on observables estimators when unconfoundness fails

Millimet, Daniel L.; Tchernis, Rusty - 2008

We characterize the bias of propensity score based estimators of common average treatment effect parameters in the case of selection on unobservables. We then propose a new minimum biased estimator of the average treatment effect. We assess the finite sample performance of our estimator using...

Persistent link: https://www.econbiz.de/10010268598

Identification and estimation of causal mechanisms and net effects of a treatment under unconfoundedness

Flores, Carlos A.; Flores-Lagunes, Alfonso - 2009

An important goal when analyzing the causal effect of a treatment on an outcome is to understand the mechanisms through which the treatment causally works. We define a causal mechanism effect of a treatment and the causal effect net of that mechanism using the potential outcomes framework. These...

Persistent link: https://www.econbiz.de/10010269294

Exponent of cross-sectional dependence: Estimation and inference

Bailey, Natalia; Kapetanios, George; Pesaran, Hashem - 2012

An important issue in the analysis of cross-sectional dependence which has received renewed interest in the past few years is the need for a better understanding of the extent and nature of such cross dependencies. In this paper we focus on measures of cross-sectional dependence and how such...

Persistent link: https://www.econbiz.de/10010282124

Bounds on average and quantile treatment effects of job corps training on wages

Blanco, German; Flores, Carlos A.; Flores-Lagunes, Alfonso - 2011

We assess the effectiveness of Job Corps (JC), the largest job training program targeting disadvantaged youth in the United States, by constructing nonparametric bounds for the average and quantile treatment effects of the program on wages. Our preferred estimates point toward convincing...

Persistent link: https://www.econbiz.de/10010286884

Do the sick retire early? : chronic illness, asset accumulation and early retirement

Miah, M. Solaiman; Wilcox-Gök, Virginia Louise - In: Applied economics 39 (2007) 13/15, pp. 1921-1936

Persistent link: https://www.econbiz.de/10003535245

Sexual orientation and household savings: Do homosexual couples save more?

Negrusa, Brighita; Oreffice, Sonia - 2010

We analyze how sexual orientation is related to household savings using 2000 US Census data, and find that gay and … their married counterparts. In a household savings model, we interpret this homosexual-specific differential as due to the … than married ones. Evidence from homeowners' ratio of mortgage payments to house value exhibits the same pattern of savings …

Persistent link: https://www.econbiz.de/10010269903

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