Showing 1 - 10 of 3,976
innumeracy decline with income and explain 43 percent of lottery spending. In our model, current multi-state lottery designs … increase welfare but may harm heavy-spending low-income people …
Persistent link: https://www.econbiz.de/10012585459
We find consistent evidence of negative autocorrelation in decision-making that is unrelated to the merits of the cases considered in three separate high-stakes field settings: refugee asylum court decisions, loan application reviews, and major league baseball umpire pitch calls. The evidence is...
Persistent link: https://www.econbiz.de/10012026883
responses among higher-income individuals. Resources generate persistent increases in marriage for single men and women but do …
Persistent link: https://www.econbiz.de/10013477235
Income volatility and wealth volatility are central objects of investigation for the literature on income and wealth … significantly higher values than income volatility, the effect being mostly driven by changes in the market value of real estate …
Persistent link: https://www.econbiz.de/10012480471
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 … before 1982, but mitigate its increase thereafter. Taxes and transfers compress the level of income inequality, especially at …
Persistent link: https://www.econbiz.de/10012463166
-family relations and focus on households as collections of roommates. The model's mechanism is that rising income leads to a falling … size, consumption patterns, and income in the cross-section at the end of the 20th century. We then project the model back … to 1850 by changing income. We find that our proposed mechanism can account for 37 percent of the decline in the number …
Persistent link: https://www.econbiz.de/10012463172
This paper studies long-term trends in the labor market performance of immigrants in the United States, using the 1960-2000 PUMS and 1994-2009 CPS. While there was a continuous decline in the earnings of new immigrants 1960-1990, the trend reversed in the 1990s, with newcomers doing as well in...
Persistent link: https://www.econbiz.de/10012463243
places within countries needs to consider population, income and housing prices simultaneously. Housing supply elasticity …, national income accounts, public economics and housing prices …
Persistent link: https://www.econbiz.de/10012463841
This paper assesses the relative importance of various explanations for the gender gap in career outcomes for highly-educated workers in the U.S. corporate and financial sectors. The careers of MBAs, who graduated between 1990 and 2006 from a top U.S. business school, are studied to understand...
Persistent link: https://www.econbiz.de/10012463966
Height trends since World War II are analyzed using the most recent NHANES survey released in 2006. After declining for about a generation, the height of adult white men and women began to increase among the birth cohorts of c. 1975-1986, i.e., those who reached adulthood within the past decade...
Persistent link: https://www.econbiz.de/10012464014