effect of the coronavirus crisis on household income and retirement wealth, households’ expectations about the recovery, and … the impact of the shock on individuals’ economic choices. Wealth shocks are large across the population, but more … pronounced for middle-age households and those higher in the wealth and income distributions. This contrasts with income shocks …

wealth is difficult to establish due to many potential sources of endogeneity. Utilizing the Household Finance and … wealth position of the household only through homeownership. For the sample of inheritors we find that the local average … reductions in the net holdings of financial and other real wealth of the treated households. …

The role of inherited wealth in modern economies has increasingly become under scrutiny. This study presents one of the … share of total wealth in a given economy. Thus, aging is not likely to explain a recent surge in this share in some advanced …

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 …

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 …

This paper examines long-term trends in aggregate wealth and inheritance and in their distributions, focusing on … developed economies. A key stylized fact is that wealth is less equally distributed than income. Financial assets predominate … among the wealthy, while owner-occupied housing is crucial for middle groups, so higher stock prices raise wealth inequality …

We use Norwegian administrative panel data on wealth and income between 1993 and 2015 to study lifecycle wealth … capital gains, and save at higher rates. At age 50, the excess wealth of the top 0.1% group relative to mid-wealth households … is accounted for in about equal terms by higher saving rates (34%), higher initial wealth (32%), and higher returns (27 …