We use the Italian Survey of Household Income and Wealth, a rather unique dataset with a long time dimension of panel … contained in the joint dynamics of income, consumption and wealth to quantify the degree of insurance against income risk. The … information on consumption, income and wealth, to structurally estimate a buffer-stock saving model. We exploit the information …

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. …

This paper studies the mechanisms and the extent to which parental wage risk passes through to children's skill … not work at all, time spent with children, and child-related expenditures, we find that income risk impacts skill … childhood is hard-as available evidence suggests-uninsurable income risk can negatively impact the labor market prospects of …

effect of the coronavirus crisis on household income and retirement wealth, households’ expectations about the recovery, and …, which are stronger for younger households and those in lower income and wealth quintiles. Expectations about household … the impact of the shock on individuals’ economic choices. Wealth shocks are large across the population, but more …

information policies significantly affects household financial assets. We use these policies as instruments to estimate the effect …

comprehensive study of wealth and its distribution in Germany since the 19th century. We combine tax and archival data, household … insights into the role of country-specific shocks in shaping long-run wealth dynamics. This paper presents the first … surveys, historical national accounts, and rich lists to analyze the evolution of the German wealth distribution over the long …

Are entrepreneurs liquidity constraint? Using quasi-random housing wealth variation resulting from communist era …

large majority of subjects indeed have a bias in the perception of wealth, such that balance sheet composition matters: for … a given net worth with values of assets and debt that are financially certain and risk-free, a greater assetdebt ratio … implies greater perceived wealth. The predominance of this bias is explained by low cognitive sophistication and great …

This paper studies the heterogeneity of the marginal propensity to consume out of wealth based on French household … surveys. This heterogeneity is driven by differences in both wealth composition and wealth levels. We find a decreasing … marginal propensity to consume out of wealth across the wealth distribution for all net wealth components. The marginal …

household structure is widely neglected. Societal trends like a decline in birth rate and an increase in the risk of divorce … paper is to quantify the proportion of changing household structures in the increase in inequality. We find that the rise in … inequality was indeed more due to changes of household structure and employment behavior rather than changes in wages. Moreover …