used to assess economic well-being and poverty rates. Yet, because households can use wealth to consume more than income … use data from the Health and Retirement Study to find income-based poverty rates which we compare with poverty rates as … measured in the Current Population Survey. We use HRS consumption data to calculate a consumption-based poverty rate and study …

This paper studies the causal mechanisms behind persistent poverty. Using original data on Boran pastoralists of … southern Ethiopia, we find that heterogeneous and nonlinear wealth dynamics arise purely in adverse states of nature. In … exhibit multiple stable dynamic wealth equilibria …

in New York City, suggesting that similar image data can be used to map wealth and poverty in previously unmeasured areas …

Using novel data on 50,000 Norwegian men, we study the effect of wealth on the probability of internal or international … do so by exploiting variation in parental wealth and in expected inheritance by birth order, gender composition of … siblings, and region. We find that wealth discouraged migration in this era, suggesting that the poor could be more likely to …

-pension wealth holdings, (ii) defined contribution (DC) pension holdings, (iii) actual or expected defined benefit (DB) pension … 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 …

spells. In this paper I focus on focus on one form of resources, own wealth holdings. I find that the median worker has … tremendous heterogeneity in wealth holdings; almost one-third of workers can't even replace 10% of their income loss. Most … strikingly, ex-ante wealth holdings decline precipitously with realized unemployment durations, both absolutely and (especially …

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 …

who reside in Western countries, and those who inherited substantial wealth, are wealthier than other billionaires. The …

This paper uses administrative tax data to estimate top wealth in the United States. We assemble new data that links … that twenty percent of total pass-through business wealth accrues to those with losses. We combine this new data on fixed … income and pass-through business returns with refined estimates of C-corporation equity, housing, and pension wealth to …

Focusing on bipolar disorder (BD), we investigate the link between mental health, creativity, and wealth. Analyzing … jobs. We also show people in the top decile of parental wealth are seven times as likely to work in creative professions … compared with the bottom decile. Yet, wealth differences only explain a small portion of the link between BD and creativity …