Showing 1 - 10 of 2,450
Persistent link: https://www.econbiz.de/10002200539
This paper studies the mechanisms and the extent to which parental wage risk passes through to children's skill … not work at all, time spent with children, and child-related expenditures, we find that income risk impacts skill … accumulation, permanently lowering children's skill levels. To the extent that making up for cognitive skill losses during …
Persistent link: https://www.econbiz.de/10014457814
We analyze general equilibrium relationships between trade policy and the household distribution of income, decomposing social welfare into real income level and variance components through Gini and Atkinson indexes. We embed these inequality-adjusted social welfare functions in a general...
Persistent link: https://www.econbiz.de/10011337398
points in the proportion of children chronically malnourished (stunted). We estimate the extent to which changes in the … of children stunted is explained by changes in the distributions of covariates and 35% is explained by change in the …
Persistent link: https://www.econbiz.de/10011350368
stronger assortative mating on skills of parents and more polarized skill and earnings distributions of children. Swedish data … more skilled partners and more skilled children. Exploiting college expansions, we find that better college access … increases both skill sorting in couples and skill and earnings inequality among their children. All findings support the notion …
Persistent link: https://www.econbiz.de/10013472300
We investigate the importance of aggregate and consumer-specific or idiosyncratic labour income risk for aggregate consumption changes in the US over the period 1952-2001. Theoretically, the effect of labour income risk on consumption changes is decomposed into an aggregate and into an...
Persistent link: https://www.econbiz.de/10011372981
Persistent link: https://www.econbiz.de/10003233485
Persistent link: https://www.econbiz.de/10000925497
We investigate whether US households possess advance information about their future income and what this means for consumption insurance. Based on insights from a theoretical model, we propose a new test to detect advance information, which requires only panel data on consumption and income....
Persistent link: https://www.econbiz.de/10013186823
In recent years there has been a growing interest in the impact of inequality on economic growth. Both theoretical and empirical approaches have produced ambiguous results on sign and size of this relationship. Although there is a considerable part of the literature that considers inequality...
Persistent link: https://www.econbiz.de/10011349190