The Baby Boom and World War II: A Macroeconomic Analysis
in The Review of Economic Studies
July 2015; p ublished online March 2015 .
Journal Article. Subjects: Demand and Supply of Labour; Macroeconomics: Consumption, Saving, Production, Employment, and Investment; Demographic Economics; General Equilibrium and Disequilibrium. 22540 words.
We argue that one major cause of the U.S. post-war baby boom was the rise in female labour supply during World War II. We develop a quantitative dynamic general equilibrium model with...
The Effects of Marital Status and Children on Savings and Portfolio Choice
in The Review of Financial Studies
January 2010; p ublished online April 2009 .
Journal Article. Subjects: Economics; Insurance; Intertemporal Choice and Growth; Macroeconomics: Consumption, Saving, Production, Employment, and Investment; Economics of Health; Demographic Economics. 23993 words.
This paper investigates the impact of demographic shocks on optimal decisions about saving, life insurance, and, most centrally, asset allocation. The analysis indicates that marital-status...
The Informational Content of Surnames, the Evolution of Intergenerational Mobility, and Assortative Mating
in The Review of Economic Studies
April 2015; p ublished online December 2014 .
Journal Article. Subjects: Demographic Economics; Macroeconomics: Consumption, Saving, Production, Employment, and Investment; Multiple or Simultaneous Equation Models; Multiple Variables. 19048 words.
We propose a new methodology for measuring intergenerational mobility in economic well-being. Our method is based on the joint distribution of surnames and economic outcomes. It circumvents...
