Showing 1 - 10 of 356
We document new facts on the dynamics of male wages and earnings, household earnings, and before- and after-tax income … Netherlands. Family and government insurance reduce, but do not eliminate non-linearities in household disposable income by age … relatively high at the beginning and end of one's working life, and for those in the lower and upper parts of the income …
Persistent link: https://www.econbiz.de/10012479781
This paper examines how labor income volatility and social security benefits can influence lifecycle household … annuities, and stocks as well as bonds. Higher labor income uncertainty and lower old-age benefits boost demand for stable … income in retirement, but also when young. In addition, a declining equity glide path with age is appropriate for the worker …
Persistent link: https://www.econbiz.de/10012462970
household of only three people, in 1850 household size was twice that figure. Further, both the number of children and the … number of adults in a household have fallen dramatically. We develop a simple theory of household size where living with … others is beneficial solely because the costs of household public goods can be shared. In other words, we abstract from intra …
Persistent link: https://www.econbiz.de/10012463172
We study the demand for household water connections in urban Morocco, and the effect of such connections on household … subset was offered a simplified procedure to purchase a household connection on credit (at a zero percent interest rate … located fairly close to their homes), household connections did not lead to any improvement in the quality of the water …
Persistent link: https://www.econbiz.de/10012461724
service on health and income. This research has shown that effects of veteran status on mortality and earnings that appeared …: household and family life. In the present study we use the same IV approach to model the causal impact of Vietnam- era military …
Persistent link: https://www.econbiz.de/10012461986
We document a large increase in the cyclicality of the incomes of high-income households, coinciding with the rise in … their share of aggregate income. In the U.S., since top income shares began to rise rapidly in the early 1980s, incomes of … those in the top 1 percent of the income distribution have averaged 14 times average income and been 2.4 times more cyclical …
Persistent link: https://www.econbiz.de/10012462080
with similar tenants. We link the tenants to their tax records to obtain information on demographics, income, mobility … negative income shocks, evidencing a collateral effect …
Persistent link: https://www.econbiz.de/10012455798
supermarket entry on household welfare. The richness of the microdata allows us to estimate a general expression for the gains … large and significant welfare gains for the average household that are mainly driven by a reduction in the cost of living … workers. We also show that the gains from retail FDI are on average positive for all income groups but regressive, and …
Persistent link: https://www.econbiz.de/10012457491
developing and persistent gaps in child achievement by family income and the importance of adolescent skill levels for … family income, we study four leading mechanisms thought to explain these gaps: an intergenerational correlation in ability, a … important stylized facts related to the marginal returns on investments and the effects of parental income on child investments …
Persistent link: https://www.econbiz.de/10012457645
dynamic model of consumption and labor supply. We emphasize two key results. First, a psychology-based theory of poverty traps … of financial stress. On the other hand, naifs dis-save, fall into a poverty trap, and incur high welfare losses. Second …
Persistent link: https://www.econbiz.de/10014287386