Many studies indicate that the share of homeowners among young Millennials born in the 1980s is consistently lower across Europe than among Generation X, primarily born in the 1970s, at the same age. The reasons for this disparity - whether it rather stems from increased economic constraints...

We use data from the Istanbul court registers spanning from the 16th-19th centuries to establish, for the first time, long-term trends in intergenerational mobility in a major premodern city. The dataset contains information on over 270,000 individuals who appeared in court in various roles,...

This paper examines reform measures for the National Pension System, analyzing their fiscal impacts. Despite past reforms adjusting contribution and replacement rates, the system faces ongoing sustainability challenges. We forecast that the reserve fund, peaking at 1,972.0 trillion KRW in 2039,...

Drawing on two data sources from across Europe, we show that both bequest motives of parents and children’s gender composition shape unequal divisions of bequests. First, the Survey on Health, Ageing and Retirement in Europe reveals that observed bequests are divided unequally when children...

Using an artefactual field experiment, we elicit revealed preferences for solidarity of different age groups toward the same and other age groups among a large, diverse Dutch population sample. Preferences are measured with a solidarity game and linked to a unique administrative database,...

Using an artefactual field experiment, we elicit revealed preferences for solidarity of different age groups towards the same and other age groups among a large and heterogeneous sample of the Dutch population. Preferences are elicited with a solidarity game and linked to a rich and unique...