Showing 1 - 10 of 62
In Brazil, wives do most of the household work. About sixty percent of them also work outside the household, working a total of about 10 hours more per week than men. Because of this unequal distribution of household work, husbands and wives might have different priorities regarding the purchase...
Persistent link: https://www.econbiz.de/10013084665
calibrated model matches important quantitative characteristics of observed wealth and debt portfolios for prime-age consumers in …
Persistent link: https://www.econbiz.de/10013126139
We examine the effects of monetary policy on household self-assessed financial stress and durable consumption using panel data from eighteen annual waves of the British Household Panel Survey. For identification, we exploit random variation in household exposure to interest rates generated by...
Persistent link: https://www.econbiz.de/10012868821
We examine the gender wealth gap with a focus on pension wealth and statutory pension rights. By taking into account … rights reduces the gender wealth gap. The data for our analysis come from the German Socio-Economic Panel (SOEP), one of the … few surveys collecting information on wealth and pension entitlements at the individual level. Pension wealth data are …
Persistent link: https://www.econbiz.de/10014076713
lifetime resources (income and wealth) motivated by economic theory that account for generational differences in life … wage income and disposable income measured over narrow windows of age that are used to proxy lifetime wealth. The …
Persistent link: https://www.econbiz.de/10014078013
Inflows; this is true across the distribution of Total Inflows, as well as at all levels of net wealth.Gifts and inheritances … mitigate wealth inequality …
Persistent link: https://www.econbiz.de/10014083901
We present the first estimates of intergenerational wealth correlation for Australia, using HILDA. The rank correlation … varies greatly by child age when wealth is observed, from 0.1 before age 30, to 0.5 after age 40. Most children in our ….306. Wealth correlations are difficult to interpret and not well grounded in theory. We therefore also implement Boserup et al …
Persistent link: https://www.econbiz.de/10014084056
This paper revisits the standard model of labor supply under two additional assumptions: consumption requires time and some limited amount of work is enjoyable. Whereas introducing each assumption without the other one does not produce novel insights, combining them together does if the wage...
Persistent link: https://www.econbiz.de/10012963868
This paper holistically addresses the effective (relative) income tax contribution of a given in-come (or, wealth … national income (or wealth) appropriated by the same income group. In turn, we develop the Fiscal Inequality Coefficient which … compares the effective percentage income tax payments of pairs of income (or wealth) groups. Using data for the US, we …
Persistent link: https://www.econbiz.de/10012948621
focus of the paper is on transitional dynamics under different initial wealth levels. Whether an initially small business … toward the informal sector even though the initial wealth level is high. Lowering taxes on formal activity joined with strict …
Persistent link: https://www.econbiz.de/10012979858