Showing 1 - 10 of 216
Persistent link: https://www.econbiz.de/10005033207
Housing is the single most important component of personal wealth in most countries. The special characteristics of … housing markets are therefore key to understanding personal portfolios, saving, the household distribution of wealth, and the … consumption of housing as a component of personal wealth. The impacts of rates of home ownership, credit market characteristics …
Persistent link: https://www.econbiz.de/10005001215
In the former socialist redistributive economies, the transition to market economy and the conversion to private ownership followed different trajectories. The paper offers an overview on how a new class of grand bourgeoisie was formed in three different
Persistent link: https://www.econbiz.de/10008493692
Persistent link: https://www.econbiz.de/10005031738
This paper investigates some major changes in the wealth distribution in China using the data from two national … household surveys conducted in 1995 and 2002. The surveys collected rich information on household wealth and its components …, enabling a detailed analysis of changes in wealth distribution among Chinese households. Our analysis indicates that the wealth …
Persistent link: https://www.econbiz.de/10005031858
We provide the first estimate of the level and distribution of global household wealth. Mean assets and debts within … are used to impute values to countries lacking wealth data. Household wealth per adult is US$43,494 in PPP terms, and … wealth for 20 countries, accounting for 59 per cent of the world?s population and, we estimate, 84 per cent of its wealth are …
Persistent link: https://www.econbiz.de/10005031875
The aim of this paper is to examine the concentration of wealth among the group of top wealth holders, defined as those … with wealth in excess of a high cut off. The paper begins by considering the definition of this cut off, analogous to the … definition of a poverty line at the other end of the distribution. It then considers what can be learned about the proportion …
Persistent link: https://www.econbiz.de/10005033136
Persistent link: https://www.econbiz.de/10005059950
of other contributions to well-being, including those of household wealth. Wealth is important in providing security and …. We find, however, that it is precisely in the latter countries where household wealth is the lowest, both in absolute and … relative terms. Globally, wealth is more concentrated than income both on an individual and national basis. Roughly 30 per cent …
Persistent link: https://www.econbiz.de/10005059978
Persistent link: https://www.econbiz.de/10005059942