Women born later experience greater earnings growth volatility at given ages than the next older cohort. This alone … document a moderation in higher-order earnings risk: Both men and women born later face higher skewness in earnings changes …, driven by greater lower-tail earnings risk, whereas younger women were much less affected. …

Women born later experience greater earnings growth volatility at given ages than older cohorts. This implies a welfare …-order earnings risk: Men and women born later face higher skewness in earnings changes, indicating fewer large decreases than …, males' skewness dropped sharply; younger women were unaffected. …

underlying mechanisms of the intergenerational income mobility. By applying descriptive and structural decomposition methods, we … intergenerational income mobility in Germany, endowments account for solely 30 percent in the United States. Nonlinearities in the … transmission channels along the income distribution in the United States indicate that the endowment effect slightly decreases in …