adulthood in worse health and with less education than wealthier children, these results indicate that a key determinant of …We quantify the lasting effects of childhood health and economic circumstances on adult health and earnings, using data …, educations and social status, that children who experience poor health have significantly lower educational attainment, and …

process using two data sets: the Panel Study of Income Dynamics and a large, synthetic, data set that matches the dynamics of … the data and better fits the savings of the households at the bottom 60% of the wealth distribution …

of an agent's level of consumption depends on his legal income and initial level of wealth, as conspicuous consumption by … consumption monitoring and wealth is observed, the effect of higher wealth on equilibrium bribes is ambiguous (and that the …

This paper examines the influence of parental wealth and income on children's college attendance and parental financing … parents and children. We find that higher levels of parents' wealth and income increase the likelihood that children attend … college with financial support relative to not attending college, and that parental wealth increases the likelihood that …

Business income is important in the upper tail of the personal income distribution, but the extent to which it is … captured by measures of personal income varies substantially across tax regimes. Using linked individual and firm data from … Norway, we are able to attribute business income to personal owners as it accrues rather than when it is realized. This …

used to improve the study and function of cities. We first show how Google Street View images can be used to predict income … in New York City, suggesting that similar image data can be used to map wealth and poverty in previously unmeasured areas …

Income volatility and wealth volatility are central objects of investigation for the literature on income and wealth … U.S. over the last two decades. Contrary to our expectations, we find that in both countries wealth volatility reaches … significantly higher values than income volatility, the effect being mostly driven by changes in the market value of real estate …

We use the 1988 PSID to study the effects of income and wealth on transfers of money and time between individuals and … in the cross section or in the analysis using siblings that parental income or wealth raises time transfers from children … transfers are only weakly related to income differences. Richer siblings give more to parents and receive less. Among parents …

This article studies the optimal use of fines and imprisonment when an offender's level of wealth is private … information that cannot be observed by the enforcement authority. In a model in which there are two levels of wealth, I derive the … optimal alternative imprisonment sentence is sufficiently high that high-wealth individuals prefer to pay a fine exceeding the …