Narrow search
Showing 1 - 10 of 215
Cover Image
Do financial reforms help stabilize inequality?
Christopoulos, Dimitris; McAdam, Peter - 2015
We explore the relationship between financial reforms and income inequality using a panel of 29 countries over 1975 …
Persistent link: https://www.econbiz.de/10011605825
Cover Image
Losers amongst the losers: The welfare effects of the Great Recession across cohorts
Ferrari, Alessandro - 2020
This paper studies the effect of deep recessions on intergenerational inequality by quantifying the welfare effects on …
Persistent link: https://www.econbiz.de/10012422171
Cover Image
Updating the retirement-consumption puzzle in Italy: Who are the most affected?
Marini, Andrea - 2024
In this paper I investigate the retirement-consumption puzzle in Italy for the period 2010-2016, using SHIW data. In order to address the endogeneity of the retirement decision, I estimate the effect of retirement by exploiting the exogeneity of pension eligibility in an instrumental variable...
Persistent link: https://www.econbiz.de/10014543593
Cover Image
Unraveling the skill premium
McAdam, Peter; Willman, Alpo - 2015
For the US the supply and wages of skilled labor relative to those of unskilled labor have grown over the postwar period. The literature has tended to explain this through “skill-biased technical change”. Empirical work has concentrated around two variants: (1) Capital-skill complementarity,...
Persistent link: https://www.econbiz.de/10011605845
Cover Image
Homeownership and portfolio choice over the generations
Paz Pardo, Gonzalo - 2021
Earnings are riskier and more unequal for households born in the 1960s and 1980s than for those born in the 1940s. Despite the improvements in financial conditions, younger generations are less likely to be living in their own homes than older generations at the same age. By using a life-cycle...
Persistent link: https://www.econbiz.de/10012515443
Cover Image
Insights Gained from Conversations with Labor Market Decision Makers
Bewley, Truman - 2007
I describe insights into wage dynamics and downward wage rigidity obtained from more than two hundred interviews with business people, labor leaders, and various labor market intermediaries and made in the early 1990s in the Northeast of the United States. I explain the morale explanation for...
Persistent link: https://www.econbiz.de/10012776547
Cover Image
Homeownership and Portfolio Choice Over the Generations
Paz-Pardo, Gonzalo - 2021
Earnings are riskier and more unequal for households born in the 1960s and 1980s than for those born in the 1940s. Despite the improvements in financial conditions, younger generations are less likely to be living in their own homes than older generations at the same age. By using a life-cycle...
Persistent link: https://www.econbiz.de/10013243806
Cover Image
Developing reconciled quarterly distributional national wealth: Insight into inequality and wealth structures
Engel, Janina; Riera, Pau Gayà; Grilli, Joseph; Sola, … - 2022
Distributional accounts for households enable measurement, study developments and identify drivers of inequality …
Persistent link: https://www.econbiz.de/10014278177
Cover Image
Inequality and relative saving rates at the top
Lieberknecht, Philipp; Vermeulen, Philip - 2018
to a reduction of the long-run gap between wealth and income inequality compared to the period before. In the short …-run, income inequality drives wealth inequality, while the converse link is weaker and slower. Using counterfactual simulations …, we find that the recent rise in wealth inequality in the US is largely attributable to the contemporary increase in …
Persistent link: https://www.econbiz.de/10012142048
Cover Image
Inequality and Relative Saving Rates at the Top
Lieberknecht, Philipp; Vermeulen, Philip - 2021
to a reduction of the long-run gap between wealth and income inequality compared to the period before. In the short …-run, income inequality drives wealth inequality, while the converse link is weaker and slower. Using counterfactual simulations …, we find that the recent rise in wealth inequality in the US is largely attributable to the contemporary increase in …
Persistent link: https://www.econbiz.de/10013315379