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Given differences in public saving programs between Sweden and the United States, an examination of household private … wealth accumulation in these two countries can be enlightening. In this paper we examine wealth inequality and mobility in … Sweden and the United States over the past decade. We show that wealth inequality has been significantly greater in the U …
Persistent link: https://www.econbiz.de/10010321756
Reviewing trends in the Swedish distribution of wealth it is demonstrated that the baby-boom cohorts have become … relatively wealthy, both in terms of private wealth and in claims on the pension system. Results from a simulation model suggest … to swings in the financial markets because a large share of their wealth is in the form of financial assets.This paper …
Persistent link: https://www.econbiz.de/10010321589
-class squeeze.' Median wealth grew briskly in the late 1990s. It grew even faster in the aughts, while the inequality of net worth …-type assets generally remained as high in 2007 as during the previous two decades. The racial and ethnic disparity in wealth … the early and mid-aughts. Wealth also shifted in relative terms, away from young households (particularly those under age …
Persistent link: https://www.econbiz.de/10010281726
Education and wealth are positively correlated for individuals approaching retirement, but the direction of the causal … wealth with a reform expanding access to lower secondary school in Denmark in the 1950s, finding that schooling increases … pension annuity claims but reduces the non-pension wealth of men in their 50's. These effects grow stronger as normal …
Persistent link: https://www.econbiz.de/10013208789
household saving behavior in two countries in each region (Mexico, Peru, Thailand and Taiwan). We make four contributions. First …. Second, rather than focusing only on total household saving, as is common in the literature, we disaggregate the population …, we construct forecasts of future aggregate household saving rates, based on demographic projections. Fourth, we provide …
Persistent link: https://www.econbiz.de/10010327161
in the total, female and male labour force participation rates (LFPR) for Australia, Canada and the USA. We extend the …
Persistent link: https://www.econbiz.de/10010500194
In this paper, the amount of income redistribution in the United States, the European Union, and Switzerland is … between the two poles, Switzerland provides unique evidence about the relative merits of competing hypotheses. It tips the … (which also characterize Switzerland) to redistribution; yet the Swiss share of transfers in the GDP is low. Behavioral …
Persistent link: https://www.econbiz.de/10010315581
This paper focuses on three issues. First, it analyses the increasing inequality of wealth in Sweden in terms of … percentile age and birth cohort differences. Second, it discusses mobility of wealth as a function of age, length of the … wealth. …
Persistent link: https://www.econbiz.de/10010321808
polynomials in wealth and find that there is no relationship between household initial wealth and the probability of starting an … between initial wealth and entrepreneurship. However, in a recent paper Hurst and Lusardi (2004) use higher order of … own business throughout most of the wealth distribution in the United States. In this paper we examine this relationship …
Persistent link: https://www.econbiz.de/10010321582
kink allows me to identify how UI affect the use of private wealth to finance consumption during unemployment spells. Using … significantly larger liquid wealth than men and young singles. …
Persistent link: https://www.econbiz.de/10010321386