"This paper models and estimates ex ante safety-net benefits at a sample of large banks in US and Europe during 2003-2008. Our results suggest that difficult-to-fail and unwind (DFU) banks enjoyed substantially higher ex ante benefits than other institutions. Safety-net benefits prove...

We study how fathers and mothers income satisfaction correlates with the income satisfaction of their sons and daughters, as well as with other economic and socio-demographic variables. We estimate these correlations using data on parents and children in households surveyed in the eight waves of...