While rent-sharing is known to vary according to worker characteristics, the impact of profits on the gender wage gap warrants closer examination. Most studies adopt a single-gender view, neglecting factors tied to bargaining power. Our paper aims to fill this gap by leveraging rich matched...

Euro area household wealth accumulation is commonly perceived to be impaired by negative return shocks, wealth-reducing policy measures and suboptimal investment behaviour. It is further assumed that poorer households are disproportionately affected, earn lower returns and that wealth inequality...

Do high-stakes exams widen gender gaps in academic performance? We study this question in early adolescence using Italy's lower-secondary exit exam. A 2017 reform removed the national standardized test from the final grade while preserving the requirement to take the same test, reducing stakes...