Showing 1 - 10 of 66
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 …
Persistent link: https://www.econbiz.de/10012840447
This paper applies multidimensional affluence measures to a new dataset on income and wealth in 15 Eurozone countries …. We start our analysis by examining the income and wealth distributions separately for each country, and extend it to a … multidimensional setting by considering the joint distribution of income and wealth. The results indicate that, with the exception of …
Persistent link: https://www.econbiz.de/10013016356
considered as rich in a multidimensional setting. We use this framework to analyze the role of wealth, health and education, in … driven by health and to a lesser extent by wealth …
Persistent link: https://www.econbiz.de/10013146473
A fundamental question in social sciences relates to the effect of wealth inequality on economic growth. Yet, in … and poverty. We find that wealth inequality reduces economic growth, but when we control for the fact that some … billionaires acquired wealth through political connections, the effect of politically connected wealth inequality is negative …
Persistent link: https://www.econbiz.de/10013061938
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 …
Persistent link: https://www.econbiz.de/10012829227
drastically after this point. They also apply a new instrument, changes in house prices, for wealth in the entry equation, and … show that instrumented wealth is not a significant determinant of entry. We reinterpret these findings: first, we …
Persistent link: https://www.econbiz.de/10013317539
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 … increases in any source of household income are associated with decreases in intra-household inequality, as measured by the …
Persistent link: https://www.econbiz.de/10012912744
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
mitigate wealth inequality … inequality. This paper uses administrative data for the population of Norway to examine the share of the Total Inflows (defined … Inflows; this is true across the distribution of Total Inflows, as well as at all levels of net wealth.Gifts and inheritances …
Persistent link: https://www.econbiz.de/10014083901
We study the causal relation between private wealth and retirement age. We propose two estimation strategies based on … heterogeneity in the disutility of work by using panel data techniques. Next, we exploit information on expected wealth accumulation … in order to identify the unexpected component in wealth accumulation. In line with the literature we find a small but …
Persistent link: https://www.econbiz.de/10013135647