We exploit the changes in the distribution of family income to estimate the effect of parental resources on college … education. Our strategy exploits the fact that families at the bottom of the income distribution were much poorer in the 1990s … suggest large effects of family income on enrollments. For example, we find that a 10 percent increase in family income is …

incorporates household consumption and family labor supply decisions. We derive analytical expressions based on approximations for … and find strong evidence of smoothing of males and females permanent shocks to wages. Once family labor supply, assets and …

We show that a calibrated life-cycle two-earner household model with endogenous labor supply can rationalize the extent … of consumption insurance against shocks to male and female wages, as estimated empirically by Blundell, Pistaferri and …

sector bias of sbtc during the 1970s and 1980s. The hypothesis is also strongly supported by more structural estimation on U …

investigates the effect of wives' earnings on family income distribution. This effect depends on the in-equality of women …'s earnings as compared with other sources of income, on the correlation between the two and on the woman's share in total income … correlation between the various sources of income has an unambiguous effect on inequality, the effects of the other factors …

follow the mapping suggested by the household budget constraint from individual wages to individual earnings, to household … Current Population Survey, the Panel Study of Income Dynamics, the Consumer Expenditure Survey, and the Survey of Consumer … earnings, to disposable income, and, ultimately, to consumption and wealth. We document a continuous and sizable increase in …

by a high cost of housing. When I deflate nominal wages using a location-specific CPI, I find that the difference between …

The incomes and wages of college-educated Americans have become significantly more dispersed since 1970. This paper …