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This paper provides the first in-depth investigation into the evolution of the wealth gap between CCP and non … premiums of party membership across the wealth distribution. Our results show that although the average wealth gap between CCP … the returns structure of party membership over time. Prior to the housing reform in the 1990s, the highest wealth premiums …
Persistent link: https://www.econbiz.de/10014471768
Countries with high income inequality also show a strong association between parents ́and childrenś economic well … higher inequality in childhood has a negative effect on intergenerational mobility as adults. Furthermore, the influence of …
Persistent link: https://www.econbiz.de/10011440819
Persistent link: https://www.econbiz.de/10014293803
Persistent link: https://www.econbiz.de/10012509953
That historical inequality can affect long run macroeconomic performance has been argued by a large literature on … endogenous inequality using models of indivisibilities in occupational choice, in the presence of borrowing constraints. These …
Persistent link: https://www.econbiz.de/10012502955
rates, intergenerational mobility of education, and long-run earnings inequality in eight countries Sub-Saharan Africa. On …. disadvantaged children, earnings inequality could increase between one and four Gini points, depending on the assumptions. …
Persistent link: https://www.econbiz.de/10013275358
The causes and consequences of the intergenerational persistence of inequality are a topic of great interest among … observed and are associated with income inequality, poverty, economic growth, public educational expenditures and assortative …
Persistent link: https://www.econbiz.de/10011698232
inequality in household wealth in all 8 countries. … intergenerational wealth transfers on the net worth distribution in 8 European countries and compare it to recent findings for the US …
Persistent link: https://www.econbiz.de/10011573797
Households regularly fail to make optimal financial decisions. But what are the underlying reasons for this? Using two conceptually distinct measures of time inconsistency based on bank account transaction data and behavioral measurement experiments, we show that the excessive use of bank...
Persistent link: https://www.econbiz.de/10013205579
In this paper, we study the relationship between intrahousehold bargaining styles, bar-gaining power and individual pension contributions and expected standard of living in retirement, using microdata from the German Panel on Household Finances (PHF) survey. The paper builds on a theoretical...
Persistent link: https://www.econbiz.de/10012697947