consumption, aggregate wealth, and labour income should predict both stock returns and housing returns. We use quarterly data for … wealth held in the form of housing (i.e., when stock and housing assets are substitutes), then they will temporarily reduce …

deviations from the common trend among consumption, aggregate wealth, and labour income, cay, and focus on the implications for …

This paper investigates the relationship between wealth, ageing and saving behaviour of private households by using … pooled cross sections of German consumption survey data. Different components of wealth are distinguished, as their impact on … wealth. In addition, the savings rate strongly responds to demographic trends. Besides the direct impact of the age structure …

The definition and operationalization of wealth information in population surveys and the corresponding microdata …-data-collection stage may interfere consid-erably with the substantive research question. Looking at wealth data from the German SOEP, this … analysis affects wealth distri-bution and inequality analysis. Obviously, when measured in "per capita household" terms, wealth …

non-monetary aspects evolves over changing wealth levels. Wages do not perfectly compensate individuals for differential … utility of jobs in a labour market with informational frictions. Changes in wealth may then affect preferences for different … increase with wealth shocks. Duration models are estimated based on the reduced form of a search model. Wealth may play an …