Expectations are central for housing decisions and heterogeneity in expectations is a robust feature of survey data. We study the implications of heterogeneity in house price growth expectations for the level of house prices. We feed the joint empirical distributions of income, wealth and...

We find that women sorting into lower wage firms explains nearly half of the gender wage gap in South Africa, using matched employer-employee panel data covering the universe of formal sector workers. Sorting varies considerably over the life cycle: the firm-wage gender gap is negligible for the...

We analyse the complex dynamic feedback effects between different life domains over the life course, providing a quantification of the direct (not mediated) and indirect (mediated) effects. To extend the analysis in scope and time beyond the limitations of existing data, we use a rich dynamic...