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inequality, the role of marriage as a mechanism for social mobility, and the extent of cross-group interactions within a society … study the degree to which spouses sort on the basis of parental wealth. We find that the estimated correlation in parental … wealth among married spouses, after controlling for race and age, is about .4. Importantly, we show that controlling for …
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measure of well-being, with relevance for wealth accumulation among other economic and social outcomes, but they are under …
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We examine racial disparities in key labor market outcomes for men and women over the past four decades, with a special emphasis on their evolution over the business cycle. Blacks have substantially higher and more cyclical unemployment rates than whites, and observable characteristics can...
Persistent link: https://www.econbiz.de/10011710085
measure of well-being, with relevance for wealth accumulation among other economic and social outcomes, but they are under …
Persistent link: https://www.econbiz.de/10014444421
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financial literacy and business ownership for the increase in wealth inequality between college and non-college households. …Using new long-run microdata, this paper studies wealth and income trends of college and noncollege households in the … United States since 1956. We document the emergence of a substantial college wealth premium since the 1980s, which is …
Persistent link: https://www.econbiz.de/10012031017
greater wealth inequality. …, 19th century weight was higher in states with greater average wealth and population density and lower in states with …
Persistent link: https://www.econbiz.de/10011392586