Median household wealth shot up by 21.2 percent in real terms between 2016 and 2019, as asset prices continued to …

, we focus on the various ways in which income may have contributed to these changes using a statistical decomposition. We …

household utility and benefits of eliminating idiosyncratic shocks related to the business cycle as 3.4% of utility. Estimates … the business cycle, estimate the negative skewness of shocks, target moments of idiosyncratic shocks from household … insuring idiosyncratic shocks unrelated to the business cycle, such as the death of a household's prime wage earner and job …

A growing literature offers indirect evidence that the distribution of bargaining power within a household influences … decisions made by the household. The indirect evidence links household outcomes to variables that are assumed to influence the … distribution of power within the household. In this paper, we have data on whether a husband or wife in the Health and Retirement …

This paper investigates the efficiency of household investment decisions in a unique dataset containing the …