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This paper examines the effect of a decline in health on the savings and portfolio choice of young, working individuals … health, controlling for variables such as income, age, and out-of-pocket medical expenses. Unlike many previous papers, which … dismiss health and portfolio choice associations among retired individuals on the basis of unobserved heterogeneity, we find …
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employment changes of natives into different occupation groupings in response to an inflow of Mexican immigrants, confirms that … natives' employment in occupations where the average worker has a high school education increases in response to Mexican … employment changes of natives into different occupation groupings in response to an inflow of Mexican immigrants, confirms that …
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"This study investigates whether Hispanic immigrants assimilate in occupational status with natives and the factors that determine occupational status. A theoretical framework is proposed that models occupational status and convergence of Hispanics relative to U.S.-born non-Hispanics as a...
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"The roughly 9.5 percent of all U.S. families that are without some type of transaction account (unbanked) are disproportionately represented by minorities. The unbanked often must rely on alternative ways to carry out basic financial transactions such as cashing payroll checks and paying bills....
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