Who is wealthy? This paper presents empirical estimates of household movements into and out of the top percents of the wealth distribution over individual life cycles. There are life-cycle motives and precautionary motives for wealth accumulation. The opportunities to accumulate wealth create...

We study risk behavior of Danish self-employed entrepreneurs, whose income risk may be driven by both exogenous factors and effort choice (moral hazard). Partial insurance is available through voluntary unemployment insurance (UI). Additional incentives to sign insurance contracts stem from a...

Who is wealthy? This paper presents empirical estimates of household movements into and out of the top percents of the wealth distribution over individual life cycles. There are life-cycle motives and precautionary motives for wealth accumulation. The opportunities to accumulate wealth create...

This paper uses micro data from four OECD countries (the United States, Spain, Italy, and the Netherlands), to assess the determinants of household debt holding and to investigate whether or not credit constraints are important for household debt holding. We extend the existing literature in...

This paper uses micro data from four OECD countries (the United States, Spain, Italy, and the Netherlands), to assess the determinants of household debt holding and to investigate whether or not credit constraints are important for household debt holding. We extend the existing literature in...

We examine how multitasking affects performance and check whether women are indeed better at multitasking. Subjects in our experiment perform two different tasks according to three treatments: one where they perform the tasks sequentially, one where they are forced to multitask, and one where...

We address the issues raised by commentators on our paper in the symposium “Why few women in economics.†The commentators suggest that economics is gendered, a male subject reflecting basic differences in men’s and women’s life preferences and abilities. We find that,...

This paper comments on the lead symposium article, “Reaching the Top?–On Gender Balance in the Economics Profession,†by Christina Jonung and Ann-Charlotte Ståhlberg. Using evidence from brain scans, mental ability tests, personality tests, and DNA, I show that the representation of...

Economics will always have few women so long as Max U rules the roost.

This paper comments on the lead symposium article, “Reaching the Top?–On Gender Balance in the Economics Profession,†by Christina Jonung and Ann-Charlotte Ståhlberg. Jonung and Ståhlberg demonstrate that the economics profession recruits few women even in (or especially in)...