Showing 1 - 10 of 124
The Household Finance and Consumption Survey (HFCS) provides information about household wealth (real and financial …
Persistent link: https://www.econbiz.de/10010438032
Private wealth is a crucial factor for the economic well‐being of households. Key determinants of private wealth … include intergenerational wealth transfers (gifts and inheritances), which are gaining importance since 1990, as research … suggests. We conduct a detailed investigation of the distribution of wealth transfers in eight Euro‐area countries. First, we …
Persistent link: https://www.econbiz.de/10011441460
We analyze the top tail of the wealth distribution in Germany, France, and Spain based on the first and second wave of … the Household Finance and Consumption Survey (HFCS). Since top wealth is likely to be underrepresented in household … countries. As a result, the top percentile share of household wealth in Germany jumps up from 24 percent to 31 percent in the …
Persistent link: https://www.econbiz.de/10011780808
We analyze the top tail of the wealth distribution in Germany, France, Spain, and Greece based on the Household Finance … and Consumption Survey (HFCS). Since top wealth is likely to be underrepresented in household surveys we integrate the big … of household wealth in Germany jumps up from 24 percent in the HFCS alone to 33 percent after top wealth imputation. For …
Persistent link: https://www.econbiz.de/10011317780
wealth by aggregating visible goods and assets using principal component weights. We find that relative deprivation in … visible wealth has a ten percentage point higher explanatory power for reporting a high level of perceived deprivation than … finding sheds light on the importance of the visibility of the objects of comparison for an individual's assessment of his …
Persistent link: https://www.econbiz.de/10010363484
rich to answer this question. We identify the key predictors for belonging to the top 1 percent of income, wealth, and both …
Persistent link: https://www.econbiz.de/10014468907
The purpose of this paper is to obtain by combining two longitudinal perspectives a more detailed national picture of poverty in the Member States of the European Union, using the first four waves (1994 - 1997) of the European Community Household Panel (ECHP). In addition to this detailed...
Persistent link: https://www.econbiz.de/10011438560
The current economic crisis requires fast information to predict economic behavior early, which is difficult at times of structural changes. This paper suggests an innovative new method of using data on internet activity for that purpose. It demonstrates strong correlations between keyword...
Persistent link: https://www.econbiz.de/10003844913
A two-sector incomplete markets model with heterogeneous agents can be used to study the distributional effects of the COVID-19 lockdown. While negative aggregate welfare effects of the lockdown are unavoidable, the size of aggregate welfare effects as well as the distribution of the welfare...
Persistent link: https://www.econbiz.de/10012234494
This paper examines the dynamics of wealth and income inequality along the business cycle and assesses how they are … are ex-ante heterogeneous with respect to wealth and ability. We show how to derive standard inequality measures within … and the personal income and wealth distribution over the business cycle. We find that whether wealth and income inequality …
Persistent link: https://www.econbiz.de/10012170668