We develop a model for consumption and income that allows for pervasive heterogeneity and co-dependence between the structural parameters. This provides a comprehensive unifying framework to study income and consumption dynamics jointly. We estimate a full set of structural parameters that...

We use a rich longitudinal data set for West Germany to disentangle the wage effects for female workers around first birth. Data on daily real wages reveal a dip in women's real wages shortly before giving birth and a drop of 10 to 20 percent after finishing maternity leave and returning to the...

This paper estimates the effect of job loss on mortality for older male workers with strong labor force attachment. Using Dutch administrative data, we find that job loss due to sudden firm closure increased the probability to die within five years by a sizable 0.60 percentage points....

This paper estimates the effect of job loss on mortality for older male workers with strong labor force attachment. Using Dutch administrative data, we find that job loss due to sudden firm closure increased the probability to die within five years by a sizable 0.60 percentage points....