This paper uses data on anticipated bequests from two waves of the Health and Retirement Study and the Asset and Health Dynamics of the Oldest Old (AHEAD), and on actual bequests from AHEAD. Actual bequests were measured in exit interviews given by proxy respondents for 774 AHEAD respondents who...

Dimensions of cognitive skills are potentially important but often neglected determinants of the central economic outcomes that shape overall well-being over the life course. There exists enormous variation among households in their rates of wealth accumulation, their holdings of financial...

Matched retrospective life history data collected from the same individuals in two waves of the Malaysian Family Life Survey provide a unique opportunity to evaluate the quality of long-term recall data in a rapidly changing developing country. Recall quality, measured by consistency of...

How is the economic status of the elderly changing and what are their prospects for the future? My portrait tells us how well off they are on average, but also about the vast disparities that exist among them. This description includes an often neglected measure of their economic well-being--the...

There is renewed interest in why people of lower socio-economic status (SES) have worse health outcomes. No matter which measures of SES are used (income, wealth, or education), the evidence that this association is large is abundant (Marmot (1999), Smith (1999)). The relation between SES and...

This chapter deals with several salient issues about immigrants to the US and their education. These issues include a comparison of the schooling accomplishments of immigrants compared to the native-born both contemporaneously as well as over time. These comparisons emphasize the considerable...

The once-again rapidly expanding numbers of immigrants in the American labor market has not escaped the attention of labor economists. In this paper, the author deals with two issues concerning immigrants on which labor economists have made significant contributions over the last few decades....

This paper explores the relationship between household type and asset accumulation. Householders are distinguished principally along standard demographic lines--whether they marry, divorce, separate, or become widowed. Recently, new data have become available that place far more emphasis on the...