Showing 1 - 10 of 2,058
We estimate the level and distribution of global household wealth. The levels of assets and debts for 39 countries are … lacking direct evidence. Data on the pattern of household distribution of wealth are assembled for 20 countries, which … measured using household balance sheet and survey data centred on the year 2000. The determinants of mean financial assets, non …
Persistent link: https://www.econbiz.de/10013154573
median wealth plummeted by 44 percent over years 2007 to 2010. The inequality of net worth, after almost two decades of … in median net worth and the rise in overall wealth inequality over these years are largely traceable to the high leverage … of middle class families and the high share of homes in their portfolio. Mean and median wealth rebounded from 2010 to …
Persistent link: https://www.econbiz.de/10012941966
total wealth of each household in the Health and Retirement Study by $67,000 in 1992 dollars, raising wealth from employer …By 1992, pensions and retiree health insurance represented one quarter of the wealth of families on the verge of … provided pension benefits per household by 150 percent in real terms. Changes in retiree health benefits, which have only about …
Persistent link: https://www.econbiz.de/10013220928
I use the Survey of Consumer Finances (SCF) to analyze wealth trends from 1983 to 2013. Asset prices plunged between … 2007 and 2010 but then rebounded from 2010 to 2013. Median wealth plummeted by 44 percent over years 2007 to 2010 and … wealth inequality was up sharply. These two movements can be traced to the high leverage of middle class families, the high …
Persistent link: https://www.econbiz.de/10012982014
Median household wealth shot up by 21.2 percent in real terms between 2016 and 2019, as asset prices continued to … rebound. However, 2007 still remains the watershed year, and median wealth was down 20.4 percent relative to 2007, though mean … wealth more than fully recovered. There was a modest remission in wealth inequality, with the share of the top one percent …
Persistent link: https://www.econbiz.de/10014089531
compare pre-tax and post-tax wealth. The empirical analysis covers 1983-2016 based on the Survey of Consumer Finances for … conventional net worth, NW, and augmented wealth, AW, the sum of NW, pension wealth PW, and Social Security wealth SSW. Like TDAs … BV of wealth, including death benefits. While TDAs are still subject to income tax at withdrawal, other assets are valued …
Persistent link: https://www.econbiz.de/10013298490
Recession varied with the household's initial wealth. Those who were in the highest wealth deciles typically had a larger share …This paper uses data from the Health and Retirement Study to examine the effects of the Great Recession on the wealth … wealth in 2012 remained 3.6 percent below its 2006 value. This is a modest decline considering the fall in asset values …
Persistent link: https://www.econbiz.de/10013324655
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 …
Persistent link: https://www.econbiz.de/10012858042
I discuss available evidence about the evolution of top wealth shares in the United States over the last one hundred … increase in wealth concentration and the other two methods showing at best a small increase. I discuss strengths and weaknesses … incomes and the increased importance of self-made wealth may explain difficulties in implementing each of the methods and …
Persistent link: https://www.econbiz.de/10013040527
median wealth plummeted by 44 percent over years 2007 to 2010, almost double the drop in housing prices. The inequality of … indebtedness. The sharp fall in median net worth and the rise in overall wealth inequality over these years are traceable primarily … disparity in wealth also widened considerably. Households under age 45 saw their relative and absolute wealth declined sharply …
Persistent link: https://www.econbiz.de/10013040531