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Mortality Differentials, the Racial and Ethnic Retirement Wealth Gap, and the Great Pandemic
Wolff, Edward N. - National Bureau of Economic Research - 2023
Using the Survey of Consumer Finances, I find that the Black/white gap in standard net worth widened from 1989 to 2019 but narrowed between Hispanics and (non-Hispanic) whites. When the definition of wealth is expanded to incorporate Social Security and defined benefit pension wealth (both the...
Persistent link: https://www.econbiz.de/10014250217
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Heterogenous Rates of Return on Homes and Other Real Estate : Do the Rich Do Better? Do Black Households Do Worse?
Wolff, Edward N. - National Bureau of Economic Research - 2022
Recent work on wealth inequality based on the capitalization method wherein aggregate wealth totals are distributed in …
Persistent link: https://www.econbiz.de/10013435105
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The Racial Wealth Gap, Financial Aid, and College Access
Levine, Phillip B.; Ritter, Dubravka - National Bureau of Economic Research - 2022
We examine how the racial wealth gap interacts with financial aid in American higher education to generate a disparate impact on college access and outcomes. Retirement savings and home equity are excluded from the formula used to estimate the amount a family can afford to pay. All else equal,...
Persistent link: https://www.econbiz.de/10013388846
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Is There Really an Inflation Tax? Not For the Middle Class and the Ultra-Wealthy
Wolff, Edward N. - National Bureau of Economic Research - 2023
inequality, and the racial wealth gap. The results show that inflation boosted the real income of the middle wealth quintile by a … income. Inflation also boosted mean and especially median real wealth growth, reduced wealth inequality, and lowered the …
Persistent link: https://www.econbiz.de/10014421200
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Top Wealth in America : A Reexamination
Saez, Emmanuel; Zucman, Gabriel - National Bureau of Economic Research - 2022
share of Smith et al. (2022) is close to the one found in Saez and Zucman (2020) and estimates of US wealth inequality are …
Persistent link: https://www.econbiz.de/10013362050
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The Impact of Intergenerational Transfers on the Distribution of Wealth : An International Comparison
Horioka, Charles - National Bureau of Economic Research - 2024
In this paper, I analyze detailed data on intergenerational transfers in 4 countries (China, India, Japan, and the United States) from the "Japan Household Panel Survey on Consumer Preferences and Satisfaction (JHPS-CPS)" which has been conducted by the Institute of Social and Economic Research...
Persistent link: https://www.econbiz.de/10015094857
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Language Models and Cognitive Automation for Economic Research
Korinek, Anton - National Bureau of Economic Research - 2023
Large language models (LLMs) such as ChatGPT have the potential to revolutionize research in economics and other disciplines. I describe 25 use cases along six domains in which LLMs are starting to become useful as both research assistants and tutors: ideation, writing, background research, data...
Persistent link: https://www.econbiz.de/10014226154
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AGING IN STYLE : Seniority and Sentiment in Scholarly Writing
Kosnik, Lea-Rachel; Hamermesh, Daniel S. - National Bureau of Economic Research - 2023
The scholarly impact of academic research matters for academic promotions, influence, relevance to public policy, and others. Focusing on writing style in top-level professional journals, we examine how it changes with age, and how stylistic differences and age affect impact. As top-level...
Persistent link: https://www.econbiz.de/10014250168
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Privatization and nationalization cycles
Chang, Roberto - 2009
"This paper studies the cycles of nationalization and privatization in resource-rich economies. We discuss available evidence on the drivers and consequences of privatization and nationalization, review the existing literature, and present illustrative case studies. Our main contribution is then...
Persistent link: https://www.econbiz.de/10011394323
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Measuring ancient inequality
Milanovic, Branko - 2007
"Is inequality largely the result of the Industrial Revolution? Or, were pre-industrial incomes and life expectancies … inequality for 14 ancient, pre-industrial societies using what are known as social tables, stretching from the Roman Empire 14 AD … applies two new concepts in making those assessments -- what we call the inequality possibility frontier and the inequality …
Persistent link: https://www.econbiz.de/10010521497