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

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 … implies greater perceived wealth. The predominance of this bias is explained by low cognitive sophistication and great …

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

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 …

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 …

Using new long-run microdata, this paper studies wealth and income trends of college and noncollege households in the … United States since 1956. We document the emergence of a substantial college wealth premium since the 1980s, which is … considerably larger than the college income premium. Over the past four decades, the wealth of American households with a …

, 19th century weight was higher in states with greater average wealth and population density and lower in states with … greater wealth inequality. …

Strong intergenerational associations in wealth have fueled a longstanding debate over why children of wealthy parents … tend to be well off themselves. We investigate the role of family background in determining children's wealth accumulation … by Norwegian parents to a population panel data set with detailed information on disaggregated wealth portfolios and …