Showing 1 - 10 of 350
Using novel data on 50,000 Norwegian men, we study the effect of wealth on the probability of internal or international … do so by exploiting variation in parental wealth and in expected inheritance by birth order, gender composition of … siblings, and region. We find that wealth discouraged migration in this era, suggesting that the poor could be more likely to …
Persistent link: https://www.econbiz.de/10013101829
in New York City, suggesting that similar image data can be used to map wealth and poverty in previously unmeasured areas …
Persistent link: https://www.econbiz.de/10013010715
used to assess economic well-being and poverty rates. Yet, because households can use wealth to consume more than income … use data from the Health and Retirement Study to find income-based poverty rates which we compare with poverty rates as … measured in the Current Population Survey. We use HRS consumption data to calculate a consumption-based poverty rate and study …
Persistent link: https://www.econbiz.de/10012752074
This paper studies the causal mechanisms behind persistent poverty. Using original data on Boran pastoralists of … southern Ethiopia, we find that heterogeneous and nonlinear wealth dynamics arise purely in adverse states of nature. In … exhibit multiple stable dynamic wealth equilibria …
Persistent link: https://www.econbiz.de/10012983431
paper builds on a growing literature that seeks to better document how and why wealth and SES are related. Specifically, we …-differences identification strategy. We estimate a parameter for acute illnesses (which should have a causal effect on wave-to-wave wealth … should be less causally related to wealth differences year-to-year). Additionally, we interact these health indicators with …
Persistent link: https://www.econbiz.de/10013128892
wealth transfer and these accounted for about a quarter of their net worth. Over the lifetime, about 30 percent of households … could expect to receive a wealth transfer and these would account for close to 40 percent of their net worth near time of … the SCF reporting a wealth transfer fell by 2.5 percentage points. The average value of inheritances received among all …
Persistent link: https://www.econbiz.de/10013129119
wealth and investment in health. Financial literacy is also correlated with wealth though it appears to be a weaker predictor …
Persistent link: https://www.econbiz.de/10013130966
Some commentators have argued that the housing crisis may harm labor markets because homeowners who owe more than their homes are worth are less likely to move to places that have productive job opportunities. I show that, in the available data, negative equity does not make homeowners less...
Persistent link: https://www.econbiz.de/10013131307
with sustaining well-being over time. The framework focuses on whether a comprehensive measure of wealth - one that … exception of Venezuela, significant increases in human capital enable comprehensive wealth to be maintained (and sustainability … per-capita comprehensive wealth …
Persistent link: https://www.econbiz.de/10013135234
found in the literature between cognitive ability, and in particular numeracy, and wealth, income constant. We have a number … suggest that causality is more likely to run from pension wealth to pension knowledge, rather than the other way around … forms of wealth. Rather, counting pensions in total wealth, those with more valuable pensions save more for retirement …
Persistent link: https://www.econbiz.de/10013136556