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inequality. In high income countries, the evidence that income (wealth) does have a causal impact on health in adulthood is weak …
Persistent link: https://www.econbiz.de/10010224791
Netherlands to investigate the role of liquid wealth. Within five years of job loss, the likelihood of being a permanent worker … shock to job security. This effect is driven by workers with low liquid wealth, pointing to liquidity constraints as an …
Persistent link: https://www.econbiz.de/10014416055
wealth holdings of different cohorts. In comparison with the cohorts that lived without SocialSecurity for a portion of their …It is well-known that individuals born in different periods of time (cohorts)exhibit different wealth accumulation … accumulate wealth. The first one represents productivitydifferences across cohorts: the aggregate level of GNP per capita when …
Persistent link: https://www.econbiz.de/10011302136
I study the implications of climate change and adaptation on housing and income, and wealth. I embed climate change in … redistributive, as it amplifies both income and wealth inequality. Low-income workers experience a relatively larger decline in … wealth rises. Furthermore, I find that adapting to climate change is more challenging for lowincome households who are …
Persistent link: https://www.econbiz.de/10014233371
technological non convexity exists. It follows that certain households are poverty trapped, that the initial distribution of wealth … fully determines aggregate production and that wealth redistribution is equity and efficiency enhancing.Empirical evidence … respect to the distribution of wealth. It is shown that collaboration between farmers is an alternative to wealth …
Persistent link: https://www.econbiz.de/10011453277
Persistent link: https://www.econbiz.de/10009720506
wealth and CO2 benefits. Using a unique dataset from the Netherlands, we find that lower-income households are less likely to …% of median net wealth, with ex ante sorting explaining 65% of this effect. Although a policy that encourages lower …-income households to own energy-efficient homes reduces wealth inequality and poverty, it leaves 83% of the potential CO2 benefits …
Persistent link: https://www.econbiz.de/10014515965
Persistent link: https://www.econbiz.de/10009723017
Persistent link: https://www.econbiz.de/10003813787
This paper concerns estimating parameters in a high-dimensional dynamic factormodel by the method of maximum likelihood. To accommodate missing data in theanalysis, we propose a new model representation for the dynamic factor model. Itallows the Kalman filter and related smoothing methods to...
Persistent link: https://www.econbiz.de/10011377572