benefits on private savings. The Retirement History Survey combines survey evidence on the wealth of couples in their early … extended life cycle model as a theory of asset accumulation and indicate a substantial substitution of social security wealth … for private wealth accumulation …

of the income distribution with means tests aimed at those in the top quarter of the wealth distribution. Both means … are both in the top quarter of income recipients and in the top quarter of wealth holders. Another 10.5 percent are top … quarter income recipients, but not top quarter wealth holders; with an additional 10.5 percent top quarter wealth holders, but …

Using panel data for a sample of households in Utah from 1850 to 1900 we find income and wealth age profiles that are … a relationship between age-income and age-wealth profiles that is consistent with a life-cycle model of consumption … given a concave and peaked age-income profile: households accumulate and then begin to draw down wealth holdings, the age-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 …

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 …

By 1992, pensions and retiree health insurance represented one quarter of the wealth of families on the verge of … total wealth of each household in the Health and Retirement Study by $67,000 in 1992 dollars, raising wealth from employer … benefits among covered workers. All classes of wealth holders enjoyed increased wealth from employer provided retirement plans …

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 … during the Great Recession.Much of the decline in wealth over the 2006 to 2010 period was cushioned by wealth originating …

Wealth inequality in the US is high and rising, but Social Security is generally not considered in those wealth … measures. Social Security Wealth (SSW) is the present value of future benefits that an individual will receive less the present …. The accrual of SSW over the working life is most important for lower-income workers because the progressive Social …

Retirement Survey to examine the distribution of pension wealth in relation to other private wealth. We pay particular attention … differences by sex but are still significant. We find further that pension wealth is slightly more equally distributed than is … other private wealth, however, adding pension wealth to net worth has only small effects on overall inequality, and these …

This paper examines the composition and distribution of total wealth for a cohort of 51 to 61 year olds from the Health … and Retirement Study (HRS), and the role of pensions in forming retirement wealth. Pension coverage is widespread …, covering two thirds of households and accounting for one quarter of accumulated wealth. Social security benefits account for …