This paper examines the influence of parental wealth and income on children's college attendance and parental financing … parents and children. We find that higher levels of parents' wealth and income increase the likelihood that children attend … college with financial support relative to not attending college, and that parental wealth increases the likelihood that …

wealth-income ratios previously found by Piketty and Zucman (2014) for some very rich and large Western economies extend to … lower wealth levels than the rest of Europe, and the main explanation is that the Swedes were too poor to save their income … political institutions for the long-run evolution of wealth-income ratios …

olds, we estimate similar health gradients in income and wealth in both countries, but for 70-80 year old, we find no … income gradient in UK. Standard behavioral risk factors (work, marriage, obesity, exercise, and smoking) almost fully explain … income gradients among 55-64 years old in both countries and a significant part among Americans 70-80 years old. The most …

-called wealth hypothesis. On the other hand, Attanasio, Blow, Hamilton, and Leicester (2009) find that house prices have the same …

We develop a new approach to the decomposition of income risk within a nonstationary model of intertemporal choice. The … approach allows for changes in income risk over the life-cycle and with the business cycle. It requires only repeated cross …-section data and can allow for mixtures of persistent and transitory components in the dynamic process for income. Evidence from a …

We develop an estimator of unreported income, perhaps due to tax evasion, that does not depend on as strict identifying …-employed underreport income whereas wage and salary workers do not is likely to fail in countries where employees are often paid under the … table or engage in corrupt activities. Assuming that evading individuals have a higher consumption-income gap than non …

This paper tries to document the presence of unreported income among public sector employees in India. We investigate … hypothesis that despite a lower level of public sector income in some of the quantiles, if the level of durable goods consumption … income among the public sector workers. The 2004-05 survey of income and consumption by workers in both private and public …