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We allow for differential effects of physical appearance across the wage distribution using a technique traditionally used in the finance literature. We find an average beauty premium of 2%–4% for women, which is concentrated at the bottom of the wage distribution. The average beauty premium...
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This report looks at the extent to which household net worth and disposable income are correlated across individuals. After having briefly discussed the importance of better information on household wealth for social policies, the paper describes the main features of the Luxembourg Wealth Study...
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In many countries, low and stable inflation is the focus of monetary policy. Recent empirical evidence from developing countries indicates, however, that the costs of reducing inflation are disproportionately borne by women. This paper seeks to determine whether a similar pattern is evident in...
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