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OLC EcoSci
1
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1
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1
The Wealthy Hand-to-Mouth
Kaplan, Greg
-
2014
The wealthy hand-to-mouth are households who hold little or no liquid
wealth
(cash, checking, and savings accounts … accounts). We use survey data on household portfolios for the U.S., Canada, Australia, the U.K., Germany,
France
, Italy, and …
Persistent link: https://www.econbiz.de/10012458591
Saved in:
2
Demographics,
Wealth
, and Global Imbalances in the Twenty-First Century
Auclert, Adrien
;
Malmberg, Hannes
;
Martenet, Frederic
; …
-
National Bureau of Economic Research
-
2021
We use a sufficient statistic approach to quantify the general equilibrium effects of population aging on
wealth
… countries, we measure the compositional effect of aging: how a changing age distribution affects
wealth
-to-GDP, holding the age …
wealth
-to- GDP ratios, lower asset returns, and widen global imbalances through the twenty-first century. These conclusions …
Persistent link: https://www.econbiz.de/10012616609
Saved in:
3
The (Un)Importance of Inheritance
Black, Sandra E.
;
Devereux, Paul J.
;
Landaud, Fanny
; …
-
National Bureau of Economic Research
-
2022
well as at all levels of net
wealth
at a point in time. Gifts and inheritances are only an important source of income flows … extreme
wealth
inequality in society …
Persistent link: https://www.econbiz.de/10012814468
Saved in:
4
Taxing Top Incomes in a
World
of Ideas
Jones, Charles I.
-
2019
This paper considers the taxation of top incomes when the following conditions apply: (i) new ideas drive economic growth, (ii) the reward for creating a successful innovation is a top income, and (iii) innovation cannot be perfectly targeted by a separate research subsidy --- think about the...
Persistent link: https://www.econbiz.de/10012479676
Saved in:
5
The Level and Distribution of Global Household
Wealth
Davies, James B.
-
2009
top one per cent. The top 10 per cent owned 71 per cent of
world
wealth
, and the Gini coefficient for the global …We estimate the level and distribution of global household
wealth
. The levels of assets and debts for 39 countries are …-financial assets, and liabilities are studied empirically, and the results used to estimate average
wealth
holdings for countries …
Persistent link: https://www.econbiz.de/10012463141
Saved in:
6
Low Interest Rates and High Asset Prices : An Interpretation in Terms of Changing Popular Economic Models
Shiller, Robert J.
-
2007
There has been a widespread perception in the past few years that long-term asset prices are generally high because monetary authorities have effectively kept long-term interest rates, which the market uses to discount cash flows, low. This perception is not accurate. Long-term interest rates...
Persistent link: https://www.econbiz.de/10012465089
Saved in:
7
Social Capital, Trust and Well-being in the Evaluation of
Wealth
Hamilton, Kirk
-
2016
World
Poll, we present a range of estimates of social trust's
wealth
-equivalent values. The estimates of the
wealth
embodied … social capital as
wealth
. This is used to argue, given what we have learned in the literature on social capital, that the … social trust is an important component of total
wealth
in all regions and country groupings, there are nonetheless big …
Persistent link: https://www.econbiz.de/10012456123
Saved in:
8
The Role of the Growth of Risk-Averse
Wealth
in the Decline of the Safe Real Interest Rate
Hall, Robert E.
-
2016
seriously adverse outcomes. If the composition of
wealth
shifts into the hands of investors with higher coefficients of relative … calculates likely magnitudes of the decline and presents evidence in favor of a shift in the composition of
wealth
toward the …
Persistent link: https://www.econbiz.de/10012456479
Saved in:
9
Capital and
Wealth
in the 21st Century
Weil, David N.
-
2015
capital and
wealth
. As a measure of
wealth
this is problematic because it ignores the value of human capital and transfer …
wealth
, which have grown enormously over the last 300 years. Thus the constancy of the
wealth
/income ratio as portrayed in … his data is an illusion. Further, the types of
wealth
that he does not measure are more equally distributed than tradeable …
Persistent link: https://www.econbiz.de/10012457747
Saved in:
10
The Financial Crisis and The Geography of
Wealth
Transfers
Gourinchas, Pierre-Olivier
-
2011
This paper studies the geography of
wealth
transfers during the 2008 global financial crisis. We construct valuation …
Persistent link: https://www.econbiz.de/10012461305
Saved in:
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