evidence that wealth is heavily concentrated at the upper tail of the wealth distribution. A commonly cited number for the US … is that 1 percent of the households hold 30 percent of total household wealth. I investigate the reliability of upper … tail wealth estimates from household wealth surveys in the presence of survey differential non-response, i.e. the fact that …

We study the link between household structure and cross country differences in the wealth distribution using a recently … examine the extent to which differences in the unconditional distributions of wealth across euro area countries can be …. Furthermore, the explanatory power of household structure changes along the net wealth distribution. Therefore we argue for more …

in the measurement of household welfare all material components should be covered, i.e. consumption, income and wealth … consumption, income and wealth can be analysed. Current researches linking macro and micro information for the households have … to household wealth using both survey data and financial accounts. It builds a link between wealth survey and national …

In this paper we present an empirically stable money demand model for Euro area M3. We show that housing wealth is an …

equity and labour markets. Equity positively affects money demand through wealth effects, as equities are a significant store … of household wealth and thus part of a financial transaction motive. Negative substitution effects through the expected … money. All three new elements, in particular housing and financial wealth, have been found statistically and economically …

is affected by the gap between `target' and actual wealth, with the target wealth determined by credit conditions and … saving rate's long-term decline, while fluctuations in net wealth and uncertainty capture the bulk of the business …

Crossing borders, be it international or regional, often go together with price, wage or indeed wealth discontinuities …. This paper identifies substantial wealth differences between Luxembourg resident households and cross-border commuter … households despite their similar incomes. The average (median) net wealth difference is estimated to be €367,000 (€129,000) and …

-simulations to investigate heterogeneity in the euro area. We quantify shocks to wealth, income and financial pressure faced by … affected the income-poor, while the declining wealth the income-rich. Although borrowers benefited from the substantial … consumption growth driven by both rich and poor households: while the former were hit by large shocks to wealth, the latter also …