Showing 1 - 10 of 120
Using estate tax returns data, we observe that the share of women among the very wealthy in the United States peaked in the late 1960s at nearly one-half and then declined to one-third. We argue that this pattern reflects changes in the importance of dynastic wealth, with the share of women...
Persistent link: https://www.econbiz.de/10004999903
Persistent link: https://www.econbiz.de/10005014636
The extent of and changes in inter-generational mobility of wealth are central to understanding dynamics of wealth inequality but hard to measure. Using estate tax returns data, we observe that the share of women among the very wealthy (top 0.01%) in the United States peaked in the late 1960s,...
Persistent link: https://www.econbiz.de/10005087482
Persistent link: https://www.econbiz.de/10008241444
Persistent link: https://www.econbiz.de/10007749833
General polygyny -- near universal marriage and polygyny -- is common in Africa. But why would men marry n wives for 1/n:th of the time instead of monogamously? Downsides include prolonged bachelorhood and a high degree of step-parenting. We point to the African slave trade which...
Persistent link: https://www.econbiz.de/10011107748
Sex ratios at birth in South Korea reached 116.5 boys per 100 girls in 1990, but have since declined. In 2007, sex ratios were almost normal, a development heralded as a sign that son preference and sex choice have vanished. However, normal sex ratios imply neither. We show that over the last 60...
Persistent link: https://www.econbiz.de/10010951400
Since the introduction of the one-child policy in China in 1979, many more boys than girls have been born, foreshadowing a sizable bride shortage. What do young men unable to find wives do? This paper focuses on criminality, an asocial activity that has seen a marked rise since the mid-1990s....
Persistent link: https://www.econbiz.de/10011009996
Persistent link: https://www.econbiz.de/10006017403
Edlund and Korn [2002] (EK) proposed that prostitutes are well paid and that the wage premium reflects foregone marriage market opportunities. However, studies of street prostitution in the U.S. have revealed only modest wages and considerable risks of disease and violence, casting doubt on...
Persistent link: https://www.econbiz.de/10008558619