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gradient in wealth. We show that individuals with lower genetic scores are more prone to reporting "extreme beliefs" (e … wealth might therefore exacerbate the consequences of labor market inequality … attainment independently predict household wealth in the Health and Retirement Study (HRS). This relationship is partly explained …
Persistent link: https://www.econbiz.de/10012962275
We examine the gender wealth gap with a focus on pension wealth and statutory pension rights. By taking into account … rights reduces the gender wealth gap. The data for our analysis come from the German Socio-Economic Panel (SOEP), one of the … few surveys collecting information on wealth and pension entitlements at the individual level. Pension wealth data are …
Persistent link: https://www.econbiz.de/10014076713
types of inequality/discrimination, e.g. based on gender, race or sexual orientation. An inquiry into the mechanisms of the …
Persistent link: https://www.econbiz.de/10012960256
There is a burgeoning literature on the significance and distribution of wealth in the rich world. It mainly focuses on … the top. Wealth remains remarkably absent from the analysis of poverty and the redistributive effectiveness of welfare …
Persistent link: https://www.econbiz.de/10012945240
This paper examines two behavioral factors that diminish people's ability to value a life-time income stream or annuity, drawing on a survey of about 4,000 adults in a U.S. nationally representative sample. By experimentally varying the degree of complexity, we provide the first causal evidence...
Persistent link: https://www.econbiz.de/10012870224
This paper quantifies the extent of heterogeneity in consumption responses to changes in real interest rates and house prices in the four largest economies in the euro area: France, Germany, Italy, and Spain. We first calibrate a life-cycle incomplete-markets model with a financial asset and...
Persistent link: https://www.econbiz.de/10012859309
This study aims to fill the gap in our understanding about exposure to particulate matters with diameter less than 2.5 μm (PM2.5) and attributable risks and economic costs of mental disorders (MDs). We identify the relationship between PM2.5 and risk of hospital admissions (HAs) for MDs in...
Persistent link: https://www.econbiz.de/10012840459
Cognitive functioning is critical as in our daily life a host of real-world complex decisions in high-stakes markets have to be made. The decision-making process can be vulnerable to environmental stressors. Summarizing the growing economic and epidemiologic evidence linking air pollution,...
Persistent link: https://www.econbiz.de/10012907831
We examine the health impacts of early access to public pension wealth by exploiting a unique policy in Singapore … monthly panel data, we find that early access to pension wealth improves self-reported overall health …
Persistent link: https://www.econbiz.de/10012835190
This study examines the relationship between financial literacy and political orientation in Great Britain. Using novel data from the British Election Survey in 2014, we employ two distinct measures of political orientation, capturing individual self-assessment on a left-right axis and party...
Persistent link: https://www.econbiz.de/10012980326