This paper seeks to explain why young women are much more likely to report being harmed by gender discrimination than older women. Using a recent sample of job seekers, we conclude that the answer does not lie in higher "objective" discrimination, as usually measured by economists, since...

Using the NLSY, we find that young Mexican women earn 11.7% less than young White women while young Black women earn 19.2% less than young White women. Although young Mexican women earn less than young White women, they do surprisingly well compared to young Black women. We show that while it is...

Using evidence on variation in the gender gap in labor force participation rates(LFPR) across home country groups in the United States, this paper attempts to assess the role of two factors, human capital and culture, in explaining why cross-country differences exist in these gaps. While human...

This paper investigates the source of the gap in the relative wealth position of immigrant households residing in Australia, Germany and the United States. Our results indicate that in Germany and the United States wealth differentials are largely the result of disparity in the educational...

This paper analyzes the sources of disparities in the relative wealth position of Mexican Americans. Results reveal that wealth gaps are in large part not the result of differences in conditional expected wealth functions. Similarly, income differentials are important, but do not play the...

Is there evidence that households adjust their asset portfolios just prior to retirement in response to a means-tested public pension? We address this question by estimating a system of asset equations constrained to add up to net worth. We find little evidence that in 2006 healthy households or...

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...

SIPP data are used to analyze the wealth of the U.S. foreign-born population. We find that the median wealth level of U.S.-born couples is 2.3 times the median of foreign-born couples, while the median wealth level of U.S.-born singles is three times that of foreign-born singles. Further, there...