2017.11.06 How does a financial crisis spread to the real economy? Was the most recent financial crisis transmitted to the household sector through a reduction in the…
2017.10.27 Family labor supply responses to health shocks Focus: the extreme shock of the death of a spouse. We show that widows, who tend to be secondary…
2017.10.13 Do bequests increase wealth inequality? Our answer to this question is both “yes” and “no”: To understand how bequests might affect…