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This paper examines the effects of family structure on the economic resources available to children, using family fixed-effects to control for unobservable characteristics of the family. The effects of divorce on the income and consumption of children born to two-parent households, and the...
Persistent link: https://www.econbiz.de/10013220780
Metropolitan Statistical Areas (MSAs) on the incidence of single motherhood and headship for young women. A contribution of the …
Persistent link: https://www.econbiz.de/10013220386
The paper considers the effect on widows' poverty of changes in Social Security survivorship benefits, by a reduction …, for example, would reduce the 1989 poverty rate of widows aged 65 to 69 by about twenty-four percent, from 0.25 to 0 ….19. The poverty rate of couples would be increased by about thirty-three percent, from about 0.06 to about 0.08 …
Persistent link: https://www.econbiz.de/10013220945
We use data from the national longitudinal Fragile Families and Child Wellbeing Study to estimate the effect of poor child health on father presence. We look at whether parents live in the same household 12-18 months after the child's birth and also at how their relationships changed along a...
Persistent link: https://www.econbiz.de/10013235264
I estimate the fraction of widows that will be in poverty by projecting the economic status, as measured in 1979, of a … consumption-based measure of poverty status that, I believe, is more appropriate for the elderly than the usual income …-based measure. According to the projections, the fraction of widows in poverty should not increase substantially as the 1979 cohort …
Persistent link: https://www.econbiz.de/10013228744
In this paper we examine the link between wage inequality and consumption inequality using a life cycle model that incorporates household consumption and family labor supply decisions. We derive analytical expressions based on approximations for the dynamics of consumption, hours, and earnings...
Persistent link: https://www.econbiz.de/10013099814
Families in constrained economic circumstances resulting from economic shocks face difficult choices regarding how best to spend their diminished resources. As families strive to preserve their living standards, decisions regarding health care use and its allocation among family members may...
Persistent link: https://www.econbiz.de/10013049695
We provide evidence on the nature of the monetary transmission mechanism. To identify policy shocks in a setting with both economic and financial variables, we combine traditional monetary vector autoregression (VAR) analysis with high frequency identification (HFI) of monetary policy shocks. We...
Persistent link: https://www.econbiz.de/10013052498
amplify and propagate a macroeconomic shock. We focus on the U.S. Great Recession of 2007-2009 and proceed in two steps. First … an aggregate shock, and it does so if the distribution features a sufficiently large fraction of households with very …
Persistent link: https://www.econbiz.de/10012989141
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 Saporta-Eksten (2016) in U.S. data. With additively...
Persistent link: https://www.econbiz.de/10012922969