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and women, compared to non-Jews, with additional analyses of earnings, self-employment, and wealth. The Jews in Colonial …-employed professionals. The high level of human wealth of contemporary American Jews is not at the expense of non-human wealth. Overall, and … even when other variables including schooling are held constant, Jews have higher levels of wealth and higher rates of …
Persistent link: https://www.econbiz.de/10010269403
for fluctuations in income and out-of-pocket medical expenses, as well as financial wealth sufficient to buffer against …
Persistent link: https://www.econbiz.de/10010289981
(HILDA) Survey, this paper demonstrates that wealth, which can be viewed as providing a degree of economic security, is at …
Persistent link: https://www.econbiz.de/10010261799
countries wealth affects life satisfaction more than income. In the countries for which consumption data are available (Britain …, results from panel regression fixed effects models indicate that changes in wealth, income and consumption all produce …
Persistent link: https://www.econbiz.de/10010261968
This paper investigates the relationship between wealth, ageing and saving behaviour of private households by using … pooled cross sections of German consumption survey data. Different components of wealth are distinguished, as their impact on … wealth. In addition, the savings rate strongly responds to demographic trends. Besides the direct impact of the age structure …
Persistent link: https://www.econbiz.de/10010282619
increase individuals' financial literacy and that the relationship between financial literacy and wealth is largely …
Persistent link: https://www.econbiz.de/10010289931
Our research addresses fundamental long-standing concerns in the compensating wage differentials literature and its public policy implications: the econometric properties of estimates of the value of statistical life (VSL) and the wide range of such estimates from about $0.5 million to about $21...
Persistent link: https://www.econbiz.de/10010277313
We examine differences in the value of statistical life (VSL) across potential wage levels in panel data using quantile regressions with intercept heterogeneity. Latent heterogeneity is econometrically important and affects the estimated VSL. Our findings indicate that a reasonable average cost...
Persistent link: https://www.econbiz.de/10010277335
We measure the impact of individuals' looks on their life satisfaction or happiness. Using five data sets from the U.S., Canada, the U.K., and Germany, we construct beauty measures in different ways that allow putting a lower bound on the true effects of beauty on happiness. Personal beauty...
Persistent link: https://www.econbiz.de/10010278626
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 … function of individual wealth while the introduction of start-up costs tends to flatten this relationship. The theoretical …
Persistent link: https://www.econbiz.de/10010268364