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This paper describes the transmission of income inequality into consumption inequality and in so doing investigates the degree of insurance to income shocks. It combines panel data on income from the PSID with consumption data from repeated CEX cross-sections and distinguishes between permanent...
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This paper examines how the economic well-being of households changes after a male household member exits the labor force. We examine, in four countries, labor force exits at various ages and present evidence on household income from various sources before and after the exit occurs. We focus on...
Persistent link: https://www.econbiz.de/10010377515
My research examines within-nation differences as well as cross-national differences in socially stratified outcomes, specifically the distribution of household incomes. I build on the considerable empirical evidence suggesting that group memberships are important factors in shaping one' s life...
Persistent link: https://www.econbiz.de/10010377517