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The levels of wealth differ significantly among the old both by current marital status as well as by marital histories. We develop an equilibrium model of marriage and divorce and househol...
Financial literacy and schooling attainment have been linked to household wealth accumulation. Yet prior findings may be biased due to noisy measures of financial literacy and schooling, as well as un...
We examine the dynamics of wealth accumulation distribution in Italy using data drawn from the Survey of Household Income and Wealth, a representative survey of the Italian population conducted by...
The dominant narrative of the politics of redistribution in political science and economics highlights the signature role of the rise of electoral democracy and the development of political parties th...
Commentators on African American life have often focused on poverty, evaded African American wealth, and ignored the ways genteel affluence and impoverishment were constructed along turn-of-the-centur...
Background: Kin effects can be difficult to distinguish from those of spatial proximity, since kin tend to live close to each other. Thus, past research showing correlations between the wealth of rela...
The world is a better place than it used to be. People are wealthier and healthier, and live longer lives. Yet the escapes from destitution by so many have left gaping inequalities between people and ...
Research has found that in the United States women have greater economic returns to a college degree than men, because of more stable marriages and other family income. Using cross-sectional data of w...
This paper analyzes how policy changes affect shareholder wealth in the context of environmental regulation. We exploit the unique and unexpected German reaction to the Fukushima Daiichi nuclear disas...
Unique residential history data with retrospective information on parental assets are used to study household wealth mobility in 141 villages in rural Bangladesh. Regression estimates of father-son co...
This paper examines the issue of the Black-White wealth gap in the United States. The paper presents pertinent data illustrating that a large gap exists in wealth accumulation between Black and Whites...
This paper examines the issue of the Black-White wealth gap in the United States. The paper presents pertinent data illustrating that a large gap exists in wealth accumulation between Black and Whites...
A personal bankruptcy law that allows for a "fresh start" after bankruptcy reduces the individual risk involved in entrepreneurial activity. On the other hand, as risk shifts to creditors who recover ...
Economists have long suggested that higher private pension benefits “crowd out” other sources of household wealth accumulation. We exploit detailed information on pensions and lifetime earnings for ol...
This essay asks how well Law and Economics theories and claims describe the real behavior of jurists, legislators and ordinary people in the past. It is not intended to serve as a critique of the soun...

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