with sustaining well-being over time. The framework focuses on whether a comprehensive measure of wealth - one that … exception of Venezuela, significant increases in human capital enable comprehensive wealth to be maintained (and sustainability … per-capita comprehensive wealth …

process using two data sets: the Panel Study of Income Dynamics and a large, synthetic, data set that matches the dynamics of … the data and better fits the savings of the households at the bottom 60% of the wealth distribution …

of an agent's level of consumption depends on his legal income and initial level of wealth, as conspicuous consumption by … consumption monitoring and wealth is observed, the effect of higher wealth on equilibrium bribes is ambiguous (and that the …

This paper examines the influence of parental wealth and income on children's college attendance and parental financing … parents and children. We find that higher levels of parents' wealth and income increase the likelihood that children attend … college with financial support relative to not attending college, and that parental wealth increases the likelihood that …

Business income is important in the upper tail of the personal income distribution, but the extent to which it is … captured by measures of personal income varies substantially across tax regimes. Using linked individual and firm data from … Norway, we are able to attribute business income to personal owners as it accrues rather than when it is realized. This …

used to improve the study and function of cities. We first show how Google Street View images can be used to predict income … in New York City, suggesting that similar image data can be used to map wealth and poverty in previously unmeasured areas …

Income volatility and wealth volatility are central objects of investigation for the literature on income and wealth … U.S. over the last two decades. Contrary to our expectations, we find that in both countries wealth volatility reaches … significantly higher values than income volatility, the effect being mostly driven by changes in the market value of real estate …

We use the 1988 PSID to study the effects of income and wealth on transfers of money and time between individuals and … in the cross section or in the analysis using siblings that parental income or wealth raises time transfers from children … transfers are only weakly related to income differences. Richer siblings give more to parents and receive less. Among parents …

This article studies the optimal use of fines and imprisonment when an offender's level of wealth is private … information that cannot be observed by the enforcement authority. In a model in which there are two levels of wealth, I derive the … optimal alternative imprisonment sentence is sufficiently high that high-wealth individuals prefer to pay a fine exceeding the …