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Money parents give their adult children may be important for the financing of a child's education or a first home, relaxing binding credit constraints or responding to a transitory income shock. Financial transfers however, may extend economic disparities across generations if the wealthy...
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Family composition has changed dramatically over the past 25 years. Divorce rates increased and remarriage rates declined. While considerable research established a link between marriage and earnings, far less is empirically understood about the effect of marriage on wealth although wealth is an...
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defined-contribution plan holders in the RAND American Life Panel (a probability sample of US households), the authors find …
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The U.S. government will need to proactively recruit, hire, screen, onboard, and provide continuous career-growth opportunities-while providing an exceptional candidate experience-to attract and retain new generations to the national security workforce. This report explores how existing...
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