Paul L Menchik
Biographic Data
| ID | 1144407 |
|---|---|
| NAME | Paul L Menchik |
| GIVEN NAMES | Paul L |
| FAMILY NAME | Menchik |
| SIGNATURE | MENCHIK P L |
| AFFILIATIONS | Michigan State University |
| VERIFIED | No |
| TOTAL WORKS | 9 |
| TOTAL CITATIONS | 50 |
| WORKS AS AUTHOR | 9 |
| WORKS AS EDITOR | 0 |
| FIRST PUBLICATION YEAR | 1979 |
| LATEST PUBLICATION YEAR | 1997 |
| H-INDEX | 2 |
Black‐white Wealth Inequality
Racial differences in the receipt of financial inheritances he& to explain why the average difference in wealth between black and white households is larger than the average difference in income. Using data from a panel of prime‐aged males and from a representative survey of the U.S. population, we document the greater likelihood of white households receiving an inheritance than black households. Controlling for other factors which contribute to …
Wealth Mobility
This paper examines the wealth mobility of a panel of mature American men between 1966 and 1981. Although greater persistence exists than within the income distribution, a sizeable degree of movement within the wealth distribution is observed. Slightly more than half of the households changed quintiles. However, the magnitude of the movement was modest, with 78% of the moves to an adjacent quintile. Movements into either extreme of the wealth dis…
Economic Status as a Determinant of Mortality Among Black and White Older Men
The evidence presented in this paper shows that differential mortality by economic status is strongly present in the United States today, and that this relationship is monotonic, with men's death rates being lower among the wealthier. Also, the greater the number of spells of poverty, the higher the death rate. These data suggest that differential mortality rates by economic status are being confused with the well-known ethnic differences in mort…
Changes in cohort wealth over a generation
Empirical computation of expected wealth is hampered by two problems: mortality risks vary in the population and over time; and observation of net estates for most cohorts is truncated, as some individuals in a cohort survive the calendar date on which observation is terminated. These two problems are solved in estimating cohort wealth for a sample of Wisconsin taxpayers. Hazard rate models of differential occupational mortality risks were estima…
Volunteer labor supply
The Effect of Social Security on Lifetime Wealth Accumulation and Bequests
This paper is an empirical study of the effects of security on lifetime wealth accumulation and bequests. Using a sample of Wisconsin males, we have matched lifetime earnings records from income tax returns with their security account records and their bequests obtained from probate court records. Since the cohort of males was born between 1890 and 1899, they represent a cohort that saw a great change in the size and coverage by occupation of the…
Is The Family Wealth Squandered? A Test of the Merry-Widow Model
An abstract is not available for this content so a preview has been provided. Please use the Get access link above for information on how to access this content
On The Economics of Inheritance
No abstract available for this article
Inter-generational Transmission of Inequality
Paul L. Menchik, Inter-generational Transmission of Inequality: An Empirical Study of Wealth Mobility, Economica, New Series, Vol. 46, No. 184, Special Issue on the Economics of Inheritance (Nov., 1979), pp. 349-362
Economic Status as a Determinant of Mortality Among Black and White Older Men
The evidence presented in this paper shows that differential mortality by economic status is strongly present in the United States today, and that this relationship is monotonic, with men's death rates being lower among the wealthier. Also, the greater the number of spells of poverty, the higher the death rate. These data suggest that differential mortality rates by economic status are being confused with the well-known ethnic differences in mort…
Inter-generational Transmission of Inequality
Paul L. Menchik, Inter-generational Transmission of Inequality: An Empirical Study of Wealth Mobility, Economica, New Series, Vol. 46, No. 184, Special Issue on the Economics of Inheritance (Nov., 1979), pp. 349-362
Changes in cohort wealth over a generation
Empirical computation of expected wealth is hampered by two problems: mortality risks vary in the population and over time; and observation of net estates for most cohorts is truncated, as some individuals in a cohort survive the calendar date on which observation is terminated. These two problems are solved in estimating cohort wealth for a sample of Wisconsin taxpayers. Hazard rate models of differential occupational mortality risks were estima…
The Effect of Social Security on Lifetime Wealth Accumulation and Bequests
This paper is an empirical study of the effects of security on lifetime wealth accumulation and bequests. Using a sample of Wisconsin males, we have matched lifetime earnings records from income tax returns with their security account records and their bequests obtained from probate court records. Since the cohort of males was born between 1890 and 1899, they represent a cohort that saw a great change in the size and coverage by occupation of the…
On The Economics of Inheritance
No abstract available for this article
Inter-generational Transmission of Inequality
Paul L. Menchik, Inter-generational Transmission of Inequality: An Empirical Study of Wealth Mobility, Economica, New Series, Vol. 46, No. 184, Special Issue on the Economics of Inheritance (Nov., 1979), pp. 349-362
On The Economics of Inheritance
No abstract available for this article
Is The Family Wealth Squandered? A Test of the Merry-Widow Model
An abstract is not available for this content so a preview has been provided. Please use the Get access link above for information on how to access this content
The Effect of Social Security on Lifetime Wealth Accumulation and Bequests
This paper is an empirical study of the effects of security on lifetime wealth accumulation and bequests. Using a sample of Wisconsin males, we have matched lifetime earnings records from income tax returns with their security account records and their bequests obtained from probate court records. Since the cohort of males was born between 1890 and 1899, they represent a cohort that saw a great change in the size and coverage by occupation of the…
Volunteer labor supply
Changes in cohort wealth over a generation
Empirical computation of expected wealth is hampered by two problems: mortality risks vary in the population and over time; and observation of net estates for most cohorts is truncated, as some individuals in a cohort survive the calendar date on which observation is terminated. These two problems are solved in estimating cohort wealth for a sample of Wisconsin taxpayers. Hazard rate models of differential occupational mortality risks were estima…
Economic Status as a Determinant of Mortality Among Black and White Older Men
The evidence presented in this paper shows that differential mortality by economic status is strongly present in the United States today, and that this relationship is monotonic, with men's death rates being lower among the wealthier. Also, the greater the number of spells of poverty, the higher the death rate. These data suggest that differential mortality rates by economic status are being confused with the well-known ethnic differences in mort…
Black‐white Wealth Inequality
Racial differences in the receipt of financial inheritances he& to explain why the average difference in wealth between black and white households is larger than the average difference in income. Using data from a panel of prime‐aged males and from a representative survey of the U.S. population, we document the greater likelihood of white households receiving an inheritance than black households. Controlling for other factors which contribute to …
Wealth Mobility
This paper examines the wealth mobility of a panel of mature American men between 1966 and 1981. Although greater persistence exists than within the income distribution, a sizeable degree of movement within the wealth distribution is observed. Slightly more than half of the households changed quintiles. However, the magnitude of the movement was modest, with 78% of the moves to an adjacent quintile. Movements into either extreme of the wealth dis…
Economics (9 works) · Financial Literacy, Pension, Retirement Analysis (7 works) · Mathematics (5 works) · Sociology (5 works) · Demographic economics (4 works) · Inequality (4 works) · Demography (3 works) · Actuarial science (2 works) · Biology (2 works) · Cohort (2 works)