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Trends in the Retirement Preparedness of Black and Hispanic Households in the US

Wolff, Edward N. - National Bureau of Economic Research - 2023

that both Black and Hispanic households made remarkable progress in terms of mean and median retirement income, poverty … projected poverty rate rising, and the projected replacement rate falling, though expected mean retirement income does rise …. Hispanics also experienced a setback in mean retirement income but continued progress in replacement rates and reducing poverty …

Persistent link: https://www.econbiz.de/10014337766

Income and Wealth Volatility : Evidence from Italy and the U.S. in the Past Two Decades

D'Ambrosio, Conchita - 2019

Income volatility and wealth volatility are central objects of investigation for the literature on income and wealth inequality and dynamics. Here we analyse the two concepts in a comparative perspective for the same individuals in Italy and the U.S. over the last two decades. Contrary to our...

Persistent link: https://www.econbiz.de/10012480471

Household Wealth Trends in the United States, 1962 to 2016 : Has Middle Class Wealth Recovered?

Wolff, Edward N. - 2017

Asset prices plunged between 2007 and 2010 but then rebounded from 2010 to 2016. The most telling finding is that median wealth plummeted by 44 percent over years 2007 to 2010. The inequality of net worth, after almost two decades of little movement, went up sharply from 2007 to 2010, and...

Persistent link: https://www.econbiz.de/10012453628

A Head-to-Head Comparison of Augmented Wealth in Germany and the United States

Bönke, Timm - 2017

We provide levels of, compositions of, and inequalities in household augmented wealth - defined as the sum of net worth and pension wealth - for two countries: the United States and Germany. Pension wealth makes up a considerable portion of household wealth: about 48% in the United States and...

Persistent link: https://www.econbiz.de/10012455437

Deconstructing Household Wealth Trends in the United States, 1983 - 2013

Wolff, Edward N. - 2016

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...

Persistent link: https://www.econbiz.de/10012455976

Household Wealth Trends in the United States, 1962-2013 : What Happened over the Great Recession?

Wolff, Edward N. - 2014

Asset prices plunged between 2007 and 2010 but then rebounded from 2010 to 2013. The most telling finding is that median wealth plummeted by 44 percent over years 2007 to 2010, almost double the drop in housing prices. The inequality of net worth, after almost two decades of little movement, was...

Persistent link: https://www.econbiz.de/10012457933