Asset Accumulation In Early Married Life

Asset Accumulation in Early Married Life

This study investigates the extent to which asset accumulation by young married couples in early married life can be explained by financial, other economic and attitudinal variables. It finds, among other things, that at least for this sample, those who started out better off kept getting still better off financially, and that going into debt was a major correlate of later financial well being.

Asset Accumulation and Short Term Employment

Optimal Income Taxation with Asset Accumulation

Several frictions restrict the government’s ability to tax assets. First of all, it is very costly to monitor trades on international asset markets. Moreover, agents can resort to non-observable low-return assets such as cash, gold or foreign currencies if taxes on observable assets become too high. This paper shows that limitations in asset observability have important consequences for the tax...

Remittances, Income Distribution, and Rural Asset Accumulation

This paper examines the direct, first-rounds impact of two types of remittances—internal and external remittances—on income distribution and asset accumulation in rural Pakistan. Using income decomposition techniques on a threeyear panel household data set, the paper finds that internal remittances have a positive effect on equity and that external remittances have a negative effect. The study ...

Remittance income uncertainty and asset accumulation

© C r Abstract While a sizable literature has concluded that remittances impact the expenditure patterns of households, we have a limited understanding of how the predictability of these money flows affect their usage by remittance-receiving households. Using data from Mexico, we find that both the size and the uncertainty of remittances raise asset accumulation among recipient households. Thes...