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, just as own wealth does: the more the man earns and the wealthier the woman is, the longer it takes for her to find a job … the husband finds a job. This is so despite the fact that greater own wealth also prolongs unemployment spells for men …. These findings are hard to reconcile with the traditional economic model of the family. -- gender asymmetries ; wealth …
Persistent link: https://www.econbiz.de/10002815989
. -- Stochastic dominance ; empirical likelihood ; Canada ; income distribution …
Persistent link: https://www.econbiz.de/10003777918
This paper examines the effect of wealth on labour market behaviour. Providing convincing evidence on this relationship … is challenging since wealth and labour supply may be endogenously determined. We overcome this by looking at wealth … theoretical framework which outlines how an individual's labour market behaviour may be expected to react to a wealth shock under …
Persistent link: https://www.econbiz.de/10011455568
that have relatively similar backgrounds and tax systems: Australia, Canada, New Zealand, the UK, and the US. The first … ; taxation ; Australia ; Canada ; New Zealand ; United Kingdom ; United States …
Persistent link: https://www.econbiz.de/10003962818
Using harmonized wealth data and a novel decomposition approach in this literature, we show that cohort effects exist … in the income profiles of asset and debt portfolios for a sample of European countries, the U.S. and Canada. We find that … the association between household wealth portfolios at the intensive margin (the level of assets) and household …
Persistent link: https://www.econbiz.de/10010379932
drastically after this point. They also apply a new instrument, changes in house prices, for wealth in the entry equation, and … show that instrumented wealth is not a significant determinant of entry. We reinterpret these findings: first, we …
Persistent link: https://www.econbiz.de/10003344611
associated with between 1 and 2 years of extra longevity. Greater wealth, as measured by the real value of the Prize, does not …
Persistent link: https://www.econbiz.de/10003527566
been made in the US labour market, using a dynamic panel probit model. The estimated income effect of higher housing wealth … is virtually zero and that of financial assets wealth is positive, increasing the retirement probability. The … reinforced by wealth and earned income. …
Persistent link: https://www.econbiz.de/10010239270
While most studies on wealth inequality focus on the inequality between households, this paper examines the … distribution of wealth within couples. For this purpose, we make use of unique individual level micro data from the German Socio … partnership) that might explain this wealth gap. We find that all factors contribute to the explanation of the wealth gap within …
Persistent link: https://www.econbiz.de/10010195489
Estimates of UK income inequality trends differ substantially according to whether estimates are based on household survey data (used for official statistics) or tax return data (used in the top incomes literature). We reconcile differences in variable definitions and combine survey and tax...
Persistent link: https://www.econbiz.de/10011452217