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We use population data on capital income and wealth holdings for Norway to measure asset positions and wealth returns … and assortative mating on returns is as strong as that on wealth. Third, post-marriage returns on family wealth are … largely explained by the return of the spouse with the highest pre-marriage return. This suggests that family wealth is …
Persistent link: https://www.econbiz.de/10013190997
Democratic representation is constrained by the alternatives available to voters. In this paper, we develop a methodology to gauge the extent to which the "supply side" of politics hinders voter welfare. Using rich data on thousands of candidates in three Brazilian legislative elections, we...
Persistent link: https://www.econbiz.de/10013191060
stylized multidimensional matching model which adequately replicates the sorting pattern observed using marginal distributions … than labor income in explaining marriage choice. This quantitative result seems to characterize the expected lifetime … inheritance and labor income after marriage for Germany under the actual rate of return, growth rate, demographics as well as …
Persistent link: https://www.econbiz.de/10011874278
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income inequality. To these ends, we use rich data from the United States and Norway over the period 1980-2007. We find …
Persistent link: https://www.econbiz.de/10010404597
data from Norway's administrative tax records. We document a number of novel results. First, during our sample period …
Persistent link: https://www.econbiz.de/10011864456
Marriage is one of the most important determinants of economic prosperity, yet most existing theories of inequality … large marriage gap: married people earn on average 27 percent more income, and they hold 34 percent more net worth. To … version of the model, I show that positive assortative matching, an effective tax bonus for married couples and directed …
Persistent link: https://www.econbiz.de/10010489954
This paper describes trends in parental wealth homogamy among union cohorts formed between 1987 and 2013 in Denmark. Using high-quality register data on the wealth of parents during the year of partnering, we show that the correlation between partners' levels of parental wealth is considerably...
Persistent link: https://www.econbiz.de/10012178562
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