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Out of the Wallet and into the Purse: Using Micro Data to Test Income Pooling
Out of the Wallet Purse Micro Data Test Income Pooling
2016/3/7
This paper uses an exogenous change in the intrahousehold distribution of income, provided by a change in United Kingdom Family Allowance policy to test the income-pooling hypothesis implied by unitar...
The Role of Permanent Income and Demographics in Black/White Differences in Wealth
Permanent Income Demographics Black/White Differences Wealth
2016/3/4
We explore the extent to which the large race gap in wealth can be explained with properly constructed income and demographic variables. In some instances we explain the entire wealth gap with income ...