We develop and estimate a model of family job search and wealth accumulation. Individuals' job finding and job … separations depend on their partners' job turnover and wages as well as common wealth. We fit this model to data from the Survey … children in the household. We also show that excluding wealth and savings from the analysis and estimation leads to …

Preferences over jobs depend on wages and non-wage aspects. Variation in wealth may change the importance of income as … a motivation for working. Higher wealth levels may make good non-wage characteristics relatively more important. This … work in itself") is found to increase significantly after large windfall wealth gains in British panel data. Thus, wealth …