Showing 1 - 10 of 3,863
This paper produces new evidence and stylised facts on housing, wealth accumulation and wealth distribution, relying on … an in-depth analysis of micro-based data on household wealth across OECD countries. The analysis addresses several …-economic characteristics such as income, wealth and age? What is the weight of housing in households’ balance sheets and how does this vary …
Persistent link: https://www.econbiz.de/10012202943
English couple households born in the 1940s. Here, 'optimal' wealth holdings are those that allow households to enjoy the same … calculate this level of wealth, and compare that with how much wealth households are observed to hold. We find that the majority … of households hold more wealth than our model suggests is optimal and that this would still be true even if housing …
Persistent link: https://www.econbiz.de/10010402537
recession, resulting in a substantial rise in unemployment, and income and wealth inequality. This paper uses longitudinal data … from the Survey of Household Finances over the period 2002 to 2014 to examine the distributions of income and wealth in … both income and wealth following the sharp decline in house prices that occurred since 2008, with house price fluctuations …
Persistent link: https://www.econbiz.de/10012111075
Persistent link: https://www.econbiz.de/10014253298
This chapter is concerned with the distribution of personal wealth, which usually refers to the material assets that … on wealth distribution for a number of countries. This confirms the well known fact that wealth is more unequally … distributed than income, and points to a long term downward trend in wealth inequality over most of the twentieth century. We also …
Persistent link: https://www.econbiz.de/10014024198
that income (wealth) does have a causal impact on health in adulthood is weak. But this may simply reflect the difficulty …
Persistent link: https://www.econbiz.de/10014025328
This chapter offers an overview of the empirical and theoretical research on the long-run evolution of wealth and … inheritance. Wealth–income ratios, inherited wealth, and wealth inequalities were high in the eighteenth to nineteenth centuries … show that over a wide range of models, the long-run magnitude and concentration of wealth and inheritance are an increasing …
Persistent link: https://www.econbiz.de/10014025330
Recent estimates of US top wealth shares obtained by capitalizing income tax returns (Saez and Zucman, 2020; Smith … Exchange Commission data at the shareholder firm level show that billionaires' equity wealth is underestimated by a factor of 2 … undervalued by a factor of 1.2 and top-owned partnerships by up to 2.2. After incorporating these results, the top 0.01% wealth …
Persistent link: https://www.econbiz.de/10013362050
Persistent link: https://www.econbiz.de/10013553486
We examine how the racial wealth gap interacts with financial aid in American higher education to generate a disparate …
Persistent link: https://www.econbiz.de/10013388846