Showing 1 - 10 of 2,284
While most studies on wealth inequality focus on the inequality between households, this paper examines the … distribution of wealth within couples. For this purpose, we make use of unique individual level micro data from the German Socio … partnership) that might explain this wealth gap. We find that all factors contribute to the explanation of the wealth gap within …
Persistent link: https://www.econbiz.de/10010195489
Inflows; this is true across the distribution of Total Inflows, as well as at all levels of net wealth. Gifts and inheritances … mitigate wealth inequality. …
Persistent link: https://www.econbiz.de/10012805994
novel survey data from the top of the wealth distribution, which have been added to the 2019 German Socio-economic Panel … Study. The data include private wealth balance sheets, in particular the value of own private business assets, and a … share of their wealth in their own businesses when they are more willing to take risks. These associations are stronger …
Persistent link: https://www.econbiz.de/10012389043
. This paper studies the role of endogenous owner hours in shaping the wealth distribution among entrepreneurs. We introduce … levels and the dispersion of wealth among entrepreneurs. Long owner hours incentivize poor, highly productive individuals to … be owners and help the most productive owners to accumulate large quantities of wealth. On net, owners working long hours …
Persistent link: https://www.econbiz.de/10012139200
wealth accumulation, their holdings of financial assets, and the relative risk in their chosen asset portfolios that have … especially so at older ages. This research examines the association of cognitive skills with wealth, wealth growth, and wealth …
Persistent link: https://www.econbiz.de/10003872701
bequests as potential determinants of the high level of wealth concentration in the US. Analyzing the joint distribution of …. Nonetheless, concentration of labor earnings is the primary source of wealth concentration in the US. This finding reflects the … high correlation between earnings and wealth in the data, as well as the fact that earnings are a major source of income …
Persistent link: https://www.econbiz.de/10012194632
for fluctuations in income and out-of-pocket medical expenses, as well as financial wealth sufficient to buffer against … these sources. -- household income ; volatility ; wealth ; medical spending …
Persistent link: https://www.econbiz.de/10009656083
entrepreneurs in an economy. We develop a dynamic occupational choice model with endogenous wealth and entry into entrepreneurship … wealth profile for the fraction of workers in entrepreneurship, start-up costs weaken this relationship by depressing the …We study the effects of liquidity constraints and start-up costs on the relationship between wealth and the fraction of …
Persistent link: https://www.econbiz.de/10003609770
SIPP data are used to analyze the wealth of the U.S. foreign-born population. We find that the median wealth level of U ….S.-born couples is 2.3 times the median of foreign-born couples, while the median wealth level of U.S.-born singles is three times … that of foreign-born singles. Further, there is a great deal of diversity in wealth within the immigrant population …
Persistent link: https://www.econbiz.de/10011415568
This paper applies multidimensional affluence measures to a new dataset on income and wealth in 15 Eurozone countries …. We start our analysis by examining the income and wealth distributions separately for each country, and extend it to a … multidimensional setting by considering the joint distribution of income and wealth. The results indicate that, with the exception of …
Persistent link: https://www.econbiz.de/10011288530