received a wealth transfer and these accounted for 23 percent of their net worth. Over the lifetime, about 30 percent of … households could expect to receive a wealth transfer and these would account for close to 40 percent of their net worth near time … reporting a wealth transfer fell by 2.5 percentage points. The average value of inheritances received among all households did …

This article aims at linking the household wealth and income distributions for 15 European countries using the … determining its location in the wealth distribution. A generalized ordered probit model is estimated to explain the role played by … the position in the income distribution and by intergenerational transfers on the probability to be in a given wealth …

wealth across euro area countries that await explanation. This paper focuses on three main factors for the wealth … three factors, in addition to the common household and demographic factors, are relevant for the net wealth accumulation … particular in homeownership rates and house price dynamics, are important for explaining wealth differences across euro area …

dynamics. When the model is modified in a way that permits it to match empirical measures of wealth inequality in the U.S., we … how the shock is distributed across categories of households (e.g., low-wealth versus high-wealth households) …

. Distributional information on households’ wealth is availablefrom the Household Finance and Consumption Survey only for three points … quarterly distributional national wealth by (i) improving the alignment of surveyfieldwork periods with the national accounts … series; and (v)computing euro area aggregates. This paper finds an increase in the net wealth Gini of mosteuro area countries …

holdings and liabilities of all households within a country. In principle, when household wealth surveys are explicitly …. Thereafter we investigate missing top tail observation from wealth surveys as a source of discrepancy. By fitting a Pareto … underestimation of the top tail of the wealth distribution. Conceptual and generic differences as well as missing top tail …

, income and welfare state policies in explaining differences in household net wealth within and between euro area countries … these households have considerably higher net wealth than those which did not inherit. Second, regression analyses on … households' relative wealth position show that, on average, having received an inheritance lifts a household by about 14 net …

This paper studies the heterogeneity of the marginal propensity to consume out of wealth using French household surveys …. We find decreasing marginal propensity to consume out of wealth across the wealth distribution for all net wealth … assets, except in the top of the wealth distribution. Consumption is less sensitive to the value of the main residence than …