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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/10011307359
This paper considers a parametric model for the joint distribution of income and wealth. The model is used to analyze … income and wealth inequality in five OECD countries using comparable household-level survey data. We focus on the dependence … parameter between the two variables and study whether accounting for wealth and income jointly reveals a different pattern of …
Persistent link: https://www.econbiz.de/10011307414
We analyse how the financial support for long-term elderly care affects the level of household savings. Using a difference-in-differences estimator, we investigate the 2002 Scottish reform, which introduced free formal personal care for all the elderly aged 65 and above residing in Scotland. Our...
Persistent link: https://www.econbiz.de/10011307455
Wealth and Income Database, we find strong long-run links between the aggregate role of capital in the economy and the size …
Persistent link: https://www.econbiz.de/10011420757
international bailout in 2010. Given the economic collapse, Ireland provides an ideal case-study of the link between wealth … this massive fall in wealth, measures of health and well-being remained broadly unchanged. However, expectations about …
Persistent link: https://www.econbiz.de/10010328986
We use the Italian Survey of Household Income and Wealth, a rather unique dataset with a long time dimension of panel … information on consumption, income and wealth, to structurally estimate a buffer-stock saving model. We exploit the information … contained in the joint dynamics of income, consumption and wealth to quantify the degree of insurance against income risk. The …
Persistent link: https://www.econbiz.de/10011584626
including wealth are considerably lower than income‐based measures; (2) poverty rates of the elderly are more affected than …, the types of assets included in the wealth concept and choices with respect to the equivalence scale. Moreover, we check … distributions of wealth. Using data from the HFCS we show that accounting for wealth affects the incidence and age structure of …
Persistent link: https://www.econbiz.de/10011653119
attainment independently predict household wealth in the Health and Retirement Study (HRS). This relationship is partly explained … gradient in wealth.We show that individuals with lower genetic scores are more prone to reporting "extreme beliefs" (e … wealth disparities not only through education and higher earnings, but also through their impact on the ability to process …
Persistent link: https://www.econbiz.de/10011653295
with respect to wealth holdings and financial decisions. Immigrant household heads hold less net wealth than native, but … only above the median of the wealth distribution, with housing as the main driver. Immigrant status reduces the likelihood … worsened the condition of immigrants in terms of wealth holdings, home ownership, and financial fragility. …
Persistent link: https://www.econbiz.de/10011984539
Financial literacy is higher for men than for women and high financial literacy has been linked to higher wealth and …-retirement couples and their level of wealth and financial stress using TILDA data for Ireland. We find that joint financial literacy is … more highly correlated with household wealth, particularly real estate, than the financial literacy of individual members …
Persistent link: https://www.econbiz.de/10012005889