Asset accumulation in later life is a pressing issue in Japan due to the growing gap between life expectancy (87.14 years for women, 81.09 years for men in 2023) and the retirement age (65 or less). This gap heightens financial insecurity, emphasizing the need to meet asset goals by 65....

Agriculture is the mainstay of the Ethiopian economy. Barley, including food and malt barley, is one of the major cereals produced by smallholder farmers. Though malt barley is the fastest-growing industry, demand is outpacing supply. As a result, Ethiopia is a net importer of raw malt barley....

Agriculture is the mainstay of the Ethiopian economy. Barley, including food and malt barley, is one of the major cereals produced by smallholder farmers. Though malt barley is the fastest-growing industry, demand is outpacing supply. As a result, Ethiopia is a net importer of raw malt barley....

Idiosyncratic labor risk is a prevalent phenomenon with important implications for individual choices. In labor market research it is commonly assumed that agents have rational expectations and therefore correctly assess the risk they face in the labor market. We analyse survey data for the U.S....

Idiosyncratic labor risk is a prevalent phenomenon with important implications for individual choices. In labor market research it is commonly assumed that agents have rational expectations and therefore correctly assess the risk they face in the labor market. We analyse survey data for the U.S....

We propose and estimate a model of family job search and wealth accumulation with data from the Survey of Income and Program Participation (SIPP). This dataset reveals a very asymmetric labor market for household members who share that their job finding is stimulated by their partners' job...

We propose and estimate a model of family job search and wealth accumulation with data from the Survey of Income and Program Participation (SIPP). This dataset reveals a very asymmetric labor market for household members who share that their job finding is stimulated by their partners' job...

We propose and estimate a model of family job search and wealth accumulation with data from the Survey of Income and Program Participation (SIPP). This dataset reveals a very asymmetric labor market for household members who share that their job finding is stimulated by their partners' job...

Diese Arbeit ist eine Sammlung von Studien, welche sowohl die makro-, als auch die mikroökonomischen Aspekte und Charakteristika von Rücküberweisungen pakistanischer Migranten in ihr Heimatland analysieren, sowie deren ökonomische Auswirkungen auf das Konsumverhalten und die...

This study examines asset accumulation patterns of the recipients of foreign and domestic remittances. Using the representative 2010-11 Pakistani households’ survey and employing a number of matching routines, we analyse stocks of consumer, productive, housing and financial assets among...

A sizable literature has concluded that remittances impact the expenditure patterns of households. We explore how the uncertainty of remittance income inflows affects the accumulation of human, physical and financial assets of Mexican households, while accounting for the level of transfers from...

We use panel data from Northern Ethiopia to investigate the welfare impact of Ethiopia's Productive Safety Net Program. We assess whether the program raised livestock asset levels and children's education among participant households. Using treatment effects models, we find that participants in...

While a sizable literature has concluded that remittances impact the expenditure patterns of households, we have a limited understanding of how the predictability of these money flows affect their usage by remittance-receiving households. Using data from Mexico, we find that both the size and...

We use panel data from Northern Ethiopia to investigate the welfare impact of Ethiopia’s Productive Safety Net Program. We assess whether the program raised livestock asset levels and children’s education among participant households. Using treatment effects models, we find that participants...

A sizable literature has concluded that remittances impact the expenditure patterns of households. We explore how the uncertainty of remittance income inflows affects the accumulation of human, physical and financial assets of Mexican households, while accounting for the level of transfers from...

A sizable literature has concluded that remittances impact the expenditure patterns of households. We explore how the uncertainty of remittance income inflows affects the accumulation of human, physical and financial assets of Mexican households, while accounting for the level of transfers from...

While a sizable literature has concluded that remittances impact the expenditure patterns of households, we have a limited understanding of how the predictability of these money flows affect their usage by remittance-receiving households. Using data from Mexico, we find that both the size and...

Several frictions restrict the government s ability to tax assets. First of all, it is very costly to monitor trades on international asset markets. Moreover, agents can resort to non-observable low-return assets such as cash, gold or foreign currencies if taxes on observable assets become too...

Using panel data from the RAND Health and Retirement Study, I show that rejected applicants for Social Security Disability Insurance (SSDI) possess significantly more assets immediately prior to their application and exhibit lower labor force attachment than accepted applicants. These findings...

Several frictions restrict the government's ability to tax assets. First of all, it is very costly to monitor trades on international asset markets. Moreover, agents can resort to non-observable low-return assets such as cash, gold or foreign currencies if taxes on observable assets become too...

We study the adoption of different intangible investment strategies in manufacturing firms. Contrary to most of the previous literature, we find such strategies to be highly differentiated. In particular we identify three types of investment behaviour: high and persistent, low and persistent,...

This paper examines the gendered nature of asset accumulation between 1978 and 2004 in Indio Guayas, a low-income community on the periphery of the city of Guayaquil, Ecuador. In so doing, it emphasizes both the importance of combining quantitative and qualitative intra-household data, as well...

This paper examines the gendered nature of asset accumulation between 1978 and 2004 in Indio Guayas, a low-income community on the periphery of the city of Guayaquil, Ecuador. In so doing, it emphasizes both the importance of combining quantitative and qualitative intra-household data, as well...

The positive impact of intangible assets on several measures of economic performance is well documented in the literature. Less clear is what initially leads firms to invest in intangible assets. The latter is particularly important because, at least for the Italian manufacturing sector, firms...

This paper presents an empirical analysis of a life cycle model. We incorporate labor supply and family structure into the standard precautionary savings model and estimate structural parameters based on the moment conditions for the life cycle profiles of consumption, working hours, and wealth...

Abstract:This paper uses data from the Legalized Population Survey to study the determinants of U.S. immigrant´s home ownership. The main interest of the paper is on the relationship between house ownership in the U.S. and house ownership abroad. The results show that house ownership of U.S....