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Wealth Gradients in Early Childhood Cognitive Development in Five Latin American Countries
Wealth Gradients Early Childhood Cognitive Development Five Latin American Countries
2016/3/3
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...
The Effect of Housing Wealth on College Choice: Evidence from the Housing Boom
Effect Housing Wealth College Choice Evidence Housing Boom
2016/3/9
We use NLSY97 data to examine how home price variation affects the quality of postsecondary schools students attend. We find a $10,000 increase in housing wealth increases the likelihood of public fla...
Proportionate vs disproportionate distribution of wealth of two individuals in a tempered Paretian ensemble
Pareto law Paretian ensemble Truncated wealth distribution
2011/7/7
We study the distribution P(\omega) of the random variable \omega = x_1/(x_1 + x_2), where x_1 and x_2 are the wealths of two individuals selected at random from the same tempered Paretian ensemble ch...
The rapid growth of sovereign wealth funds (SWFs) in the last few years has important theoretical implications for scholarly debates concerning the political economy of global finance. It signals a re...
WEALTH TRANSFERS IN A RENTSEEKING POLITY
WEALTH TRANSFERS RENTSEEKING POLITY additional taxes
2008/12/5
That the “Waron Poverty” that commenced in the late 1960s would
have retarded and perhaps even reversed the rate at which people
advanced above some arbitrarily established poverty level would
have...
THE SCOPE OF GOVERNMENT AND THE WEALTH OF NATIONS
SCOPE OF GOVERNMENT economic freedom WEALTH OF NATIONS market economy
2008/11/14
Pushed along by the failures of socialism, the idea that a market
economy provides the foundation for prosperity has gained widespread
acceptance in recent years. Many countries have moved toward an...
PROPERTY RIGHTS AND THE WEALTH OF NATIONS:A CROSS-COUNTRY STUDY
PROPERTY RIGHTS economic growth WEALTH OF NATIONS
2008/11/7
Many studies suggest that the key determinants of economic development
are the accumulation of physical and human capital and
technological improvements. Traditional neoclassical growth theory
(e.g...
WEALTH THROUGH OWNERSHIP:CREATING PROPERTY RIGHTS IN CHILEAN MINING
PROPERTY RIGHTS undiscovered mineral deposits potentially rich
2008/11/7
In 1971, Chile’s president Salvador Allende, a Marxist, got congressional
approval for a constitutional reform that gave the state
“absolute, exclusive, inalienable, and imprescriptible” ownership o...
Maximum Prophet: Review of Common Wealth, by Jeff Sachs, and Reinventing Foreign Aid, by Bill Easterly
Maximum prophet climate change Foreign Aid
2014/3/17
On the anniversary of 9/11, and after the publication of his earlier book, The End of Poverty, Jeff rey Sachs made an appearance in Washington’s National Cathedral, billed as the prophet of the ...
Cognitive Development among Young Children in Ecuador: The Roles of Wealth, Health, and Parenting
Cognitive Development among Young Children Ecuador Roles Wealth Health Parenting
2016/3/7
We examine the relationship between early cognitive development, socioeconomic status (SES), child health, and parenting quality in a developing country. We use a sample of more than 3,000 predominant...
This paper analyzes the sources of disparities in the relative wealth position of Mexican Americans. Results reveal that—unlike the racial wealth gap—Mexican Americans’ wealth disadvantage is in large...
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 ...
Racial Differences in Patterns of Wealth Accumulation
Racial Differences Patterns Wealth Accumulation
2016/3/4
Making use of PSID data for 1984, 1989, and 1994, we examine race differences in patterns of asset accumulation. Our results indicate, as expected, that inheritances raise the rate of wealth accumulat...
A positive relationship between socioeconomic status and health has been observed over many populations and many time periods. One of the factors mediating this relation is the institutional environme...
Wealth Dynamics in the 1980s and 1990s: Sweden and the United States
Wealth Dynamics Sweden United States
2016/3/4
Given differences in public saving programs between Sweden and the United States, an examination of household private wealth accumulation in these two countries can be enlightening. In this paper we e...