result in income or health gains …

ratio of the income elasticity of labor supply to the wage elasticity, holding fixed the degree of complementarity between … stochastic. Using a large set of existing estimates of wage and income elasticities, I find a mean estimate of g = 1. I also give …

and agriculture), and an increase in profit. But this increase in profit was offset by a reduction in income from casual … labor, so overall there was no gain in measured income or consumption. We find suggestive evidence that these results are …

We study the sources of racial disparities in income using anonymized longitudinal data covering nearly the entire U … on parent income, the black-white income gap is driven by differences in wages and employment rates between black and … mobility more similar to whites than blacks, leading the Hispanic-white income gap to shrink across generations. Second …

utility model. I derive a formula for the coefficient of relative risk aversion (g) in terms of (1) the ratio of the income …

income at the national level. The conditional expectation of child income given parent income is linear in percentile ranks …. On average, a 10 percentile increase in parent income is associated with a 3.4 percentile increase in a child's income … child reaches the top quintile of the national income distribution starting from a family in the bottom quintile is 4.4% in …