This paper analyses the net worth and asset portfolios of native- and foreign-born Australian families using HILDA (wave 2) data. Specifically, we estimate a system of asset equations with an adding-up constraint imposed to control for variation in households' total net worth. Our results...

This paper analyzes the portfolio allocations of couple-headed, Hispanic families using Survey of Income and Program Participation (SIPP) data. Our results reveal that Hispanic couples as a group are less wealthy than otherwise similar white couples, although there is substantial variation...

Using data from the National Longitudinal Survey of Youth, this paper examines the role of gender in the promotion process and the importance of promotions in the relative labor market outcomes of young men and womenin their early careers.

Much of the debate surrounding the impact of immigration of the economy relates to the consequences of immigration for aggregate unemployment. In this paper we explore a related but more specific issue: the consequences of immigration on the probability of unemployed residents gaining a job....

Without broad-based public pension schemes, the majority of the elderly in developing countries are left to rely on their own current and accumulated earnings and support from children as means of old-age support. We develop a cooperative bargaining model that allows us to jointly estimate the...

This paper investigates whether job o¤ers arrive more frequently for those in employment than for those in unemployment. To this end, we take advantage of a unique Australian data set which contains information on both accepted and rejected job o¤ers. Our estimation strategy takes account of...

This is the first paper of which we are aware that attemps to formally model the supply-supply behavior of elderly individuals in a developing countryWithout broad-based public pension schemes, the majority of the elderly in developing countries are left to rely on their current and accumulated...