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Learning to Take Risks? The Effect of Education on Risk-Taking in Financial Markets

Black, Sandra; Devereux, Paul J.; Lundborg, Petter; … - C.E.P.R. Discussion Papers - 2015

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/10011249373

Immigration and Australia's population in the 21st Century. Household Saving, Immigration and the Current Account.

Taslim, M.A. - Research School of Economics, College of Business and … - 1996

There is some concern that immigration contributes to a larger current account deficit in a net borrowing country like Australia. The reason is believed to be that the immigrants on balance have a lower net saving than those born in the country.

Persistent link: https://www.econbiz.de/10004971416

Inequality and Happiness: Are Europeans and Americans Different?

Alesina, Alberto F; Di Tella, Rafael; MacCulloch, Robert - C.E.P.R. Discussion Papers - 2001

The answer to the question posed in the title is ‘yes’. Using a total of 128,106 answers to a survey question about ‘happiness’, we find that there is a large, negative and significant effect of inequality on happiness in Europe but not in the US. There are two potential explanations....

Persistent link: https://www.econbiz.de/10005123800

Marry Your Like: Assortative Mating and Income Inequality

Greenwood, Jeremy; Guner, Nezih; Kocharkov, Georgi; … - C.E.P.R. Discussion Papers - 2014

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/10011084184

Wealth inequality and household structure: US vs. Spain

Bover, Olympia - C.E.P.R. Discussion Papers - 2008

We study the link between culturally inherited household structure and wealth distribution in international comparisons … distribution. Imposing the Spanish household structure to the US wealth distribution has little effect on summary measures of … between these wealth distribution differences and wealth composition. Finally, we present results for the within …

Persistent link: https://www.econbiz.de/10005136407

Flat Tax Reforms in the US: A Boon for the Income Poor

Díaz-Giménez, Javier; Pijoan-Mas, Josep - C.E.P.R. Discussion Papers - 2006

-tax reforms using a model economy that replicates the U.S. distributions of earnings, income and wealth in very much detail. We …

Persistent link: https://www.econbiz.de/10005662104

Cross Sectional Facts for Macroeconomists

Krueger, Dirk; Perri, Fabrizio; Pistaferri, Luigi; … - C.E.P.R. Discussion Papers - 2009

cycle, of several dimensions of economic inequality, including wages, labor earnings, income, consumption, and wealth. After …

Persistent link: https://www.econbiz.de/10008509469

Wealth Holdings and Portfolio Allocation of Older Couples: The Role of Spouses’ Marital History

Ulker, Aydogan - Research School of Economics, College of Business and … - 2004

This paper analyses the role of the elderly couples’ past marital history in determining their current wealth holdings … the life cycle. While the net cost of divorce in terms of household wealth accumulation is higher for men than it is for … couples’ marital history plays a minor role in explaining the dispersion in their wealth holdings near the end of the life …

Persistent link: https://www.econbiz.de/10004968013

The Evolution of the Racial Gap in Education and the Legacy of Slavery

Bertocchi, Graziella; Dimico, Arcangelo - C.E.P.R. Discussion Papers - 2011

We study the evolution of racial educational inequality across US states from 1940 to 2000. We show that throughout this period, despite evidence of convergence, the racial gap in attainment between blacks and whites has been persistently determined by the initial gap. We obtain these results...

Persistent link: https://www.econbiz.de/10009399722

The Tower of Babel in the Classroom: Immigrants and Natives in Italian Schools

Ballatore, Rosario Maria; Fort, Margherita; Ichino, Andrea - C.E.P.R. Discussion Papers - 2015

We exploit rules of class formation to identify the causal effect of increasing the number of immigrants in a classroom on natives test scores, keeping class size constant (Pure Composition Effect). We explain why this is a relevant policy parameter although it has been neglected so far. We show...

Persistent link: https://www.econbiz.de/10011145440

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