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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

The Power of the Pill : Oral Contraceptives and Women's Career and Marriage Decisions

Goldin, Claudia; Katz, Lawrence F. - National Bureau of Economic Research - 2000

The fraction of U.S. college graduate women entering professional programs increased substantially around 1970 and the age at first marriage among all U.S. college graduate women soared just after 1972. We explore the relationship between these two changes and how each was shaped by the...

Persistent link: https://www.econbiz.de/10012471247

Slowing Women's Labor Force Participation : The Role of Income Inequality

Albanesi, Stefania; Prados, María José - National Bureau of Economic Research - 2022

The entry of married women into the labor force and the rise in women's relative wages are amongst the most notable economic developments of the twentieth century. The growth in these indicators was particularly pronounced in the 1970s and 1980s, but it stalled since the early 1990s, especially...

Persistent link: https://www.econbiz.de/10012814450

Marriage Patterns in the United States

Bloom, David E. - 1985

This paper analyzes cohort marriage patterns in the United States in order to determine whether declining rates of first marriage are due to changes in the timing of marriage, the incidence of marriage, or both. Parametric models, which are well-suited to the analysis of censored or truncated...

Persistent link: https://www.econbiz.de/10012477379

Two Papers on the Recent Rise in U.S. Divorce Rate

Michael, Robert T. - 1977

This paper seeks to explain the recent rise in U.S. divorce rates using an economic framework. Annual time series data from1920 to 1974 are used in the empirical analysis. The estimated equation tracks the actual series quite well. It attributes the recent increase in divorce to improved...

Persistent link: https://www.econbiz.de/10012478931

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

Changes in Assortative Matching : Theory and Evidence for the US

Chiappori, Pierre-André - 2020

The extent to which like-with like marry is particularly important for inequality as well as for the outcomes of children that result from the union. In this paper we discuss approaches to the measurement of changes in assortative mating. We derive two key conditions that a well-defined measure...

Persistent link: https://www.econbiz.de/10012481890

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