Using harmonized wealth data and a novel decomposition approach in this literature, we show that cohort effects exist in the income profiles of asset and debt portfolios for a sample of European countries, the United States, and Canada. We find that the association between household wealth...

It is a well-established view amongst economists that goodlooking people have a better chance of employment and can earn more than those who are less physically attractive. A "beauty premium" is particularly apparent in jobs where there is a productivity gain associated with good looks, though...