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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
Cyprus, France, Italy and Slovenia, less than 10% of households are affluent in both income and net wealth. Investigating the … joint distributions of income and net wealth confirms that France demonstrates a more homogenous distribution of richness …This paper applies multidimensional affluence measures to a new dataset on income and wealth in 15 Eurozone countries …
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 … tackling the question, researchers have had to use income as a proxy for wealth. We derive a global measure of wealth … and poverty. We find that wealth inequality reduces economic growth, but when we control for the fact that some …
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 … spouses' estimated indirect utility. Our results shed light on the spouses' wealth shares and the sharing rule guiding 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
Inflows; this is true across the distribution of Total Inflows, as well as at all levels of net wealth.Gifts and inheritances … mitigate wealth inequality …
Persistent link: https://www.econbiz.de/10014083901
France have flatter wealth gradients …We study the effects of liquidity constraints and start-up costs on the relationship between wealth and the fraction of … entrepreneurs in an economy. We develop a dynamic occupational choice model with endogenous wealth and entry into entrepreneurship …
Persistent link: https://www.econbiz.de/10013316960