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Is there evidence that households adjust their asset portfolios just prior to retirement in response to a means-tested public pension? We address this question by estimating a system of asset equations constrained to add up to net worth. We find little evidence that in 2006 healthy households or...
Persistent link: https://www.econbiz.de/10013134282
This paper examines whether men's and women's noncognitive skills influence their occupational attainment and, if so, whether this contributes to the disparity in their relative wages. We find that noncognitive skills have a substantial effect on the probability of employment in many, though not...
Persistent link: https://www.econbiz.de/10013134538
Legal cases are generally won or lost on the basis of statistical discrimination measures, but it is workers' perceptions of discriminatory behavior that are important for understanding many labor-supply decisions. Workers who believe that they have been discriminated against are more likely to...
Persistent link: https://www.econbiz.de/10013122682
Australia, Germany and the United States. Our results indicate that in Germany and the United States wealth differentials are … relatively small wealth gap between Australian- and foreign-born households exists because immigrants to Australia do not …
Persistent link: https://www.econbiz.de/10013317096