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Bankruptcy and Investment : Evidence from Changes in Marital Property Laws in the U.S. South, 1840-1850

Koudijs, Peter - 2016

We study the impact of the introduction of a form of bankruptcy protection on household investment in the U.S. South in the 1840s, which predated modern bankruptcy laws. During this period, certain southern states passed laws that protected married women's property from seizure in the case of...

Persistent link: https://www.econbiz.de/10012456721

The Effect of Financial Resources on Homeownership, Marriage, and Fertility : Evidence from State Lotteries

Bulman, George; Goodman, Sarena; Isen, Adam - National Bureau of Economic Research - 2022

This paper leverages the universe of U.S. tax data and state lottery wins between 2000 and 2019 to estimate the causal effect of financial resources on three key lifecycle outcomes for young adults. We find large and persistent effects on homeownership, with a response function that exhibits...

Persistent link: https://www.econbiz.de/10013477235

A Head-to-Head Comparison of Augmented Wealth in Germany and the United States

Bönke, Timm - 2017

We provide levels of, compositions of, and inequalities in household augmented wealth - defined as the sum of net worth and pension wealth - for two countries: the United States and Germany. Pension wealth makes up a considerable portion of household wealth: about 48% in the United States and...

Persistent link: https://www.econbiz.de/10012455437

What Can Stockouts Tell Us About Inflation? Evidence from Online Micro Data

Cavallo, Alberto; Kryvtsov, Oleksiy - National Bureau of Economic Research - 2021

We use a detailed micro dataset on product availability to construct a direct high-frequency measure of consumer product shortages during the 2020-2021 pandemic. We document a widespread multi-fold rise in shortages in nearly all sectors early in the pandemic. Over time, the composition of...

Persistent link: https://www.econbiz.de/10012629429

Price Discounts and Cheapflation During the Post-Pandemic Inflation Surge

Cavallo, Alberto; Kryvtsov, Oleksiy - National Bureau of Economic Research - 2024

We study how within-store price variation changes with inflation, and whether households exploit it to attenuate the … inflation burden. We use micro price data for food products sold by 91 large multi-channel retailers in ten countries between … discounts grew at a much lower average rate than regular prices, helping to mitigate the inflation burden. By contrast …

Persistent link: https://www.econbiz.de/10014576655

Changes in Marital Sorting : Theory and Evidence from the US

Chiappori, Pierre-André; Dias, Mónica Costa; Meghir, … - National Bureau of Economic Research - 2025

Positive assortative matching refers to the tendency of individuals with similar characteristics to form partnerships. Measuring the extent to which assortative matching differs between two economies is challenging when the marginal distributions of the characteristic along which sorting takes...

Persistent link: https://www.econbiz.de/10015194999

Earnings, Marriage, and the Variance of Family Income by Age, Gender, and Cohort

Altonji, Joseph G.; Giraldo Páez, Daniel; Hynsjö, Disa M. - National Bureau of Economic Research - 2024

For birth cohorts 1935-44, 1945-62, and 1964-74, we estimate the contribution of education; permanent heterogeneity in wage rates, employment, and hours; labor market shocks; spouse characteristics and shocks; nonlabor income shocks; and marital histories to the age profiles of the variance of...

Persistent link: https://www.econbiz.de/10015145073

Long-term Changes in Married Couples' Labor Supply and Taxes : Evidence from the US and Europe Since the 1980s

Bick, Alexander - 2018

We document the time-series of employment rates and hours worked per employed by married couples in the US and seven European countries (Belgium, France, Germany, Italy, the Netherlands, Portugal, and the UK) from the early 1980s through 2016. Relying on a model of joint household labor supply...

Persistent link: https://www.econbiz.de/10012480648

From Assortative to Ashortative Coupling : Men's Height, Height Heterogamy, and Relationship Dynamics in the United States

Weitzman, Abigail - 2014

Studies of online dating suggest that physical attraction is a key factor in early relationship formation, but say little about the role of attractiveness in longer-term relationships. Meanwhile, assortative coupling and exchange models widely employed in demographic research overlook the...

Persistent link: https://www.econbiz.de/10012458264

Women's Income and Marriage Markets in the United States : Evidence from the Civil War Pension

Salisbury, Laura - 2014

Under the Civil War pension act of 1862, the widow of a Union Army soldier was entitled to a pension if her husband died as a direct result of his military service; however, she lost her right to the pension if she remarried. I analyze the effect this had on the rate of remarriage among these...

Persistent link: https://www.econbiz.de/10012458465