Showing 1 - 10 of 47
This paper examines trends in the distribution of household wealth in Great Britain from 1995 to 2005 using the British … Household Panel Survey (BHPS). The data show that wealth is very unevenly distributed and reveal a widening absolute gap over … the period between wealthier households and those with no or negative wealth. However, in relative terms, wealth grew …
Persistent link: https://www.econbiz.de/10010884701
reducing child and pensioner poverty, addressing them through a series of reforms. It increased the share of national income … poverty line. - By contrast, spending on other transfers to working-age adults fell as a share of national income from the … groups. - Overall income inequality was broadly flat, comparing the start and end of Labour’s term in office. But differences …
Persistent link: https://www.econbiz.de/10011126484
of experiencing rising, falling, or other income trajectories. Using ten waves of the British Household Panel Survey, we …This paper argues that our understanding of income and poverty dynamics benefits from taking a life cycle perspective … analyse the income trajectories of people at different stages in their lives in order to build a picture of income dynamics …
Persistent link: https://www.econbiz.de/10011126566
are closely related to the shape of the life-cycle labor income profile, and henceforth vary across household education …
Persistent link: https://www.econbiz.de/10011071178
Using the evidence from the Luxembourg Wealth Study it appears that the distribution of wealth in the UK is … and of the wealth differential between the rich and the rest? Using a Pareto model for the upper tail of the distribution …
Persistent link: https://www.econbiz.de/10010745038
In this paper we seek to determine the effect of assets held in early adult life on later outcomes. We specifically look at wages, employment prospects, general health and Malaise. The identification of an asset-effect throws up a number of statistical challenges as asset holding is not random....
Persistent link: https://www.econbiz.de/10010745695
The theory of functional equations is used to clarify the relationship between equilibrium distributions of wealth and …
Persistent link: https://www.econbiz.de/10010746547
This paper presents the first UK estimates of the association between parental wealth during adolescence and a range of … children’s outcomes in early adulthood. Parental wealth is positively associated with all outcomes examined (which include … parental education and income and in many cases are stronger than them. For labour market outcomes a small share of the …
Persistent link: https://www.econbiz.de/10010746617
disadvantage in terms of income than their counterparts. What is less well understood is how they fare in terms of their wealth … and household wealth holdings. We find that overall disabled people have substantially lower household wealth and all …-SEC) reflecting lower profiles of lifetime earnings and household income. The evidence points to a situation where disabled people …
Persistent link: https://www.econbiz.de/10011126081
There has been a large rise in the UK ratio of personal wealth to national income. Personal wealth has grown since the … 1970s about twice as fast in real terms as national income. Has this rise in the wealth-income ratio led to a corresponding … increase in the wealth being passed on from one generation to the next? Are we returning to the levels of inheritance found in …
Persistent link: https://www.econbiz.de/10011126277