Showing 1 - 10 of 3,083
We study partnership sorting by education, the profile of wealth accumulation and the implications for wealth … suggest individuals positively sort by education relative to random matching. By the time highly educated baby boomer couples … is accumulated. We underline the importance of parental education and housing tenure among both sets of parents, in …
Persistent link: https://www.econbiz.de/10015197641
education and wealth increasing or decreasing in the 20-year interval between 1991 and 2010?'. Horizontal inequality in … education attainment has been moving in waves; however, there was an invested U-shaped trend where inequality increased between … in education, gender inequality in educational attainment has consistently been declining over time. The same consistent …
Persistent link: https://www.econbiz.de/10011554634
Using new long-run microdata, this paper studies wealth and income trends of college and noncollege households in the United States since 1956. We document the emergence of a substantial college wealth premium since the 1980s, which is considerably larger than the college income premium. Over...
Persistent link: https://www.econbiz.de/10012031017
, education and the role of elites. Finally, we conduct a "replication" exercise with some seminal papers in the literature …
Persistent link: https://www.econbiz.de/10014536601
This paper analyzes the short-run dynamics and changing sources of wealth among the Forbes 400 list of the wealthiest individuals in the United States, using annual data for 12 years spanning before and after the financial crisis of 2008-9. Over the entire time period the growth of wealth was...
Persistent link: https://www.econbiz.de/10012114939
Rising inequality in income, wealth and consumption has received a good deal of public attention in the past years. At the same time, also macroeconomists are more and more interested in inequality as they have expanded their models to incorporate heterogeneity in the household sector. We supply...
Persistent link: https://www.econbiz.de/10014205691
We analyze the evolution of aggregate household wealth, its composition, and top wealth shares since the mid-19th century for the Netherlands, a country which played a significant role in economic history. The main forces at play are the size and variation of colonial wealth up until WWII, and...
Persistent link: https://www.econbiz.de/10014235621
Most analysts of the modern Latin American economy hold to a pessimistic belief in historical persistence - they believe that Latin America has always had very high levels of inequality, suggesting it will be hard for modern social policy to create a more egalitarian society. This paper argues...
Persistent link: https://www.econbiz.de/10003841512
Most analysts of the modern Latin American economy hold to a pessimistic belief in historical persistence -- they believe that Latin America has always had very high levels of inequality, suggesting it will be hard for modern social policy to create a more egalitarian society. This paper argues...
Persistent link: https://www.econbiz.de/10011396463
The Cambridge UK vs USA capital theory debates of the 1960s showed that the workhorse mainstream growth model relies on unsustainable assumptions. Its standard interpretation is not consistent with the last four decades of data. Part of an estimated increase in the ratio of personal wealth to...
Persistent link: https://www.econbiz.de/10013000949