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Perched next to a river near a glacier’s edge in Greenland, Penn biogeochemist Jon Hawkings and Jack Murphy, senior research coordinator in Hawkings’ lab, scooped up samples of frigid meltwater, caref...
Washington State University marine biologists for the first time have documented a wealth of fish in the “vastly underexplored” deep coral reefs off Hawaii Island.The study gives fishery managers a mo...
Sovereign wealth funds, as an active participant in the global capital market, have attracted increasingly more attention from both academicians and practitioners. The opacity of the funds is on...
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...
This paper provides new evidence of sharp differences in cognitive development by socioeconomic status in early childhood for five Latin American countries using a common measure of receptive language...
In 1935, the National Bureau of Economic Research invited a consortium of universities to join with it in establishing a “program of cooperative research” in the area of economic measurement. The Co...
We examine equilibria in competitive insurance markets with adverse selection when wealth differences arise endogenously from unobservable savings or labor supply decisions. The endogeneity of wealth ...
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...
This paper studies the business cycle dynamics of income and wealth distributions in the context of the neoclassical growth model where agents are heterogeneous in initial wealth and non-acquired skil...
Policy analysts and policy makers are keenly interested in whether the performance of national economies is consistent with some notion of “sustainability.” This reflects growing concerns about enviro...
The June 2012 issue of Environment and Development Economics published a symposium with considerable focus on our paper, ‘Sustainability and the measurement of wealth’. The Symposium also contained fi...
In this article we use an original data set to provide the first empirical analysis of the political economy of inherited wealth taxation that covers a significant number of countries and a long time ...
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...
Golden parachutes (GPs) have attracted substantial attention from investors and public officials for more than two decades. We find that GPs are associated with higher expected acquisition premiums an...

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