and poverty. We find that wealth inequality reduces economic growth, but when we control for the fact that some …, while politically unconnected wealth inequality, income inequality, and initial poverty have no significant effect …A fundamental question in social sciences relates to the effect of wealth inequality on economic growth. Yet, in …

the top. Wealth remains remarkably absent from the analysis of poverty and the redistributive effectiveness of welfare …There is a burgeoning literature on the significance and distribution of wealth in the rich world. It mainly focuses on … of financial need among the elderly – a segment of society that is at a relatively high risk of income poverty – also …

demonstrate the application of these new measures to analyze the development of poverty and richness over time in Germany, to … compare Germany to many other European countries and to investigate the impact of tax reforms on poverty and richness. Using …

affects job search behavior. We look at the effect of wealth at the entry into unemployment on the exit rate from unemployment … and illiquid parts, but also to decompose each of them into assets and liabilities. The decomposition of wealth into these … four components is key to understanding how wealth affects job finding rates. In particular, we show that liquid assets …

been made in the US labour market, using a dynamic panel probit model. The estimated income effect of higher housing wealth … is virtually zero and that of financial assets wealth is positive, increasing the retirement probability. The … reinforced by wealth and earned income …

drastically after this point. They also apply a new instrument, changes in house prices, for wealth in the entry equation, and … show that instrumented wealth is not a significant determinant of entry. We reinterpret these findings: first, we …

associated with between 1 and 2 years of extra longevity. Greater wealth, as measured by the real value of the Prize, does not …

Exposure to childhood poverty increases the likelihood of adult poverty. However, past research offers conflicting … accounts of cross-national variation in the strength of the intergenerational persistence of poverty and the mechanisms through … which it is channeled. This study investigates differences in intergenerational poverty in the United States (U …