This study investigates lifetime socioeconomic health disparities through longitudinal biomarkers from the Dutch Lifelines cohort study and biobank. We construct an allostatic load index from 12 biomarkers and analyze the dynamics of health and its association with socioeconomic status (SES)...

The average gender pay gap in Germany is 16 percent according to the most recent data. On the occasion of the 2025 Equal Pay Day, this Weekly Report using Socio-Economic Panel (SOEP) data shows that considerable differences according to age and level of education are hiding behind this average...

Housing and mortgage choices are among the largest financial decisions households make and they substantially impact households' liquidity. This paper explores how monetary policy affects aggregate demand by influencing these portfolio choices. To quantify this channel, I build a...

Women born later experience greater earnings growth volatility at given ages than the next older cohort. This alone would imply a welfare loss due to increased earnings risk. However, using German registry data for the years 2001-2016, we document a moderation in higher-order earnings risk: Both...

We use 25 years of tax records for the Norwegian population to study the mobility of wealth over people's lifetimes. We find considerable wealth mobility over the life cycle. To understand the underlying mobility patterns, we group individuals with similar wealth rank histories using...

Women born later experience greater earnings growth volatility at given ages than older cohorts. This implies a welfare loss due to increased earnings risk. However, German registry data for the years 2001-2016 reveal a moderation in higher-order earnings risk: Men and women born later face...

We explore the importance and nature of elderly couples' labor market interlinkages, and how such linkages shape the response to welfare reforms. To this end, we build a life cycle model with dual-earner households, featuring heterogeneous age gaps, non-separable leisure preferences, and...

This paper examines the effects of education on health and hospitalization over the life cycle. Using administrative data, we leverage a 1972 compulsory schooling reform within the United Kingdom which produced a large increase in educational attainment among affected cohorts. Our regression...

Cross-country employment differences are concentrated among women, the youth, and older individuals. In this paper, we document how worker flows between employment, unemployment, and out of the labor force vary by gender and age and contribute to aggregate employment differences across a large...

In this guide, we introduce the limited commitment model of dynamic household bargaining behavior over the life cycle. The guide is intended to make the limited commitment model more accessible to researchers who are interested in studying intra-household allocations and divorce over the life...

We examine the development of worker-firm matching over the career due to job mobility. Using administrative employer-employee data covering the universe of German employees, we measure the degree of assortative matching as the correlation of worker and firm quality measures obtained from a wage...

We replicate results of Forsythe (2022) studying the cyclicality of individuals' labor market transitions conditional on their experience. Using Current Population Survey (CPS) data and state-level variations in the unemployment rate, this paper shows that the hiring probability of youths is...

We examine the development of worker-firm matching over the career due to job mobility. Using administrative employer-employee data covering the universe of German employees, we measure the degree of assortative matching as the correlation of worker and firm quality measures obtained from an AKM...

This study analyzes the water footprint profiles of quinoa production in Bolivia, an emblematic crop that faces significant challenges in terms of yield and sustainability. The Total Water Footprint (WH) of quinoa estimated for the Southern Altiplano region of Bolivia is approximately 1,728...

This paper examines how objective and subjective heterogeneity in life expectancy affects savings behavior of healthy and unhealthy people. Using data from the Health and Retirement Study, we first document systematic biases in survival beliefs across self‐reported health: those in poor health...

With 20 years of PSID data, we document persistent racial differentials in life-cycle consumption dynamics. Starting from similar positions in the consumption distribution Blacks end up in lower percentiles than Whites. Education, income, and wealth are three key drivers of these different...

When mobility between locations is frictional, a person's economic well-being is partially determined by her place of birth. Using a life cycle model of mobility, we find that search frictions are the main impairment to the mobility of young people in Spain, and these frictions are particularly...

This paper documents the life cycle of formal and informal plants using five waves of the Mexican establishment census. Formal plants begin operations with three times more workers than informal plants and exhibit faster growth rates. Throughout their life cycle, formal establishments more than...

Der Gender Pay Gap, also die durchschnittliche Verdienstlücke zwischen Frauen und Männern, lag zuletzt bei 16 Prozent. Wie dieser Bericht auf Basis von Daten des Sozio-oekonomischen Panels (SOEP) anlässlich des diesjährigen Equal Pay Days zeigt, verbergen sich hinter diesem Durchschnittswert...

Purpose - Combining two organizational change theories, life cycle and organizational development, this study examines how strategic change cycle has been adopted and implemented across three different organizations, a public organization, an NGO and an intergovernmental organization toward...

This study investigates lifetime socioeconomic health disparities through longitudinal biomarkers from the Dutch Lifelines cohort study and biobank. We construct an allostatic load index from 12 biomarkers and analyze the dynamics of health and its association with socioeconomic status (SES)...

Artificial intelligence (AI) is crucial in achieving the carbon peak and neutrality goals and mitigating climate change. Although previous studies have explored cross-sectional differences in corporate carbon emissions, temporal heterogeneities in firm lifecycles have been overlooked. Therefore,...

Understanding and reducing the greenhouse gas emissions from building sector is significant to realize the net zero society. This research presents a bottom-up approach leveraging nighttime light (NTL) data to quantitatively assess and spatially represent urban building Material Stock (MS) and...

Life-cycle wage growth rates vary significantly across countries. In this paper, we examine the role of the local distribution of firm productivity in shaping life-cycle wage profiles by introducing a random search model that disentangles the effects of firm productivity distribution, on-the-job...

We examine sorting behavior across metropolitan areas by skill over individuals' life cycles. We show that high-skill workers disproportionately sort into high-amenity areas, but do so relatively early in life. Workers of all skill levels tend to move towards lower-amenity areas during their...

This paper presents ten new facts on gender and top lifetime earnings inequality in Brazil, drawing on rich administrative data covering nearly the entire formal labor market from 1985 to 2018. We document significant gender disparities in lifetime earnings, particularly among top earners, where...

We examine sorting behavior across metropolitan areas by skill over individuals' life cycles. We show that high-skill workers disproportionately sort into high-amenity areas, but do so relatively early in life. Workers of all skill levels tend to move towards lower-amenity areas during their...

Sustainable product development requires integrating eco- and open innovation. Traditional Design Thinking (DT), while effective for iterative product improvement, often lacks the capability to address environmental considerations comprehensively, necessitating new approaches to balance consumer...

Longevity risk affecting older adults can be transferred to the insurance market by purchasing a lifetime annuity. Special-rate life annuities, which are priced, among other factors, on the basis of health and lifestyle factors, go beyond traditional considerations of age and sex by using...