. This paper studies the role of endogenous owner hours in shaping the wealth distribution among entrepreneurs. We introduce … levels and the dispersion of wealth among entrepreneurs. Long owner hours incentivize poor, highly productive individuals to … be owners and help the most productive owners to accumulate large quantities of wealth. On net, owners working long hours …

decades for Russia. We found no adaption to vulnerability for life satisfaction and subjective wealth, with longer … wealth, particularly for longer durations of vulnerability. Higher education levels generally exhibit a stronger lack of … adaptation. The lack of adaptation to vulnerability is, however, similar at different education levels for subjective wealth. We …

This paper describes trends in parental wealth homogamy among union cohorts formed between 1987 and 2013 in Denmark …. Using high-quality register data on the wealth of parents during the year of partnering, we show that the correlation … between partners' levels of parental wealth is considerably lower compared to estimates from earlier research on other …

affects job search behavior. We look at the effect of wealth at the entry into unemployment on the exit rate from unemployment … and illiquid parts, but also to decompose each of them into assets and liabilities. The decomposition of wealth into these … four components is key to understanding how wealth affects job finding rates. In particular, we show that liquid assets …

This paper analyzes the intra-household distribution of wealth and welfare in the United States, within a theoretical … leads to wealth inequalities. However, the intra-household processes appear to be efficient in terms of welfare, as … spouses' estimated indirect utility. Our results shed light on the spouses' wealth shares and the sharing rule guiding the …

focus of the paper is on transitional dynamics under different initial wealth levels. Whether an initially small business … toward the informal sector even though the initial wealth level is high. Lowering taxes on formal activity joined with strict …