Who is wealthy? This paper presents empirical estimates of household movements into and out of the top percents of the wealth distribution over individual life cycles. There are life-cycle motives and precautionary motives for wealth accumulation. The opportunities to accumulate wealth create...

We study risk behavior of Danish self-employed entrepreneurs, whose income risk may be driven by both exogenous factors and effort choice (moral hazard). Partial insurance is available through voluntary unemployment insurance (UI). Additional incentives to sign insurance contracts stem from a...

Who is wealthy? This paper presents empirical estimates of household movements into and out of the top percents of the wealth distribution over individual life cycles. There are life-cycle motives and precautionary motives for wealth accumulation. The opportunities to accumulate wealth create...

This paper uses micro data from four OECD countries (the United States, Spain, Italy, and the Netherlands), to assess the determinants of household debt holding and to investigate whether or not credit constraints are important for household debt holding. We extend the existing literature in...

This paper uses micro data from four OECD countries (the United States, Spain, Italy, and the Netherlands), to assess the determinants of household debt holding and to investigate whether or not credit constraints are important for household debt holding. We extend the existing literature in...

We conduct a lab experiment to assess whether gender of dictators and recipients, and distributional preferences affect allocations in a modified dictator game where both parties perform a cognitive task and the resulting pie to be split is the sum of both parties' earnings. Our key results are...

Agriculture is a main contributor to pro-poor growth in Africa, but gender inequalities in the sector hold back agricultural growth and affect household welfare negatively. The sector has been characterized by a lack of gender-disaggregated data and patchy gender-integration in policies and...

This paper examines the impact of foreign aid on gender equality in education outcomes in developing countries. Heterogeneity effects by type of aid received and by type of recipients are investigated using system GMM methods. The results indicate that aggregate aid disbursements to the...

Researchers have linked sub-Saharan Africa's (SSA) poor growth performance in recent decades to several factors, including geography, institutions, and low returns to investment. This literature has not yet integrated the research that identifies linkages between gender, economic development,...

This paper hypothesizes that adaptation to climate change is influenced by the gender of the decision maker of the household. Using a two-wave household panel survey dataset, choice of adaptation strategies employed by female- and male-headed households are examined. A multinomial logit model is...