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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
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 …. In addition to less inequality and a higher median wealth, we also show that wealth quintile mobility in the 1990's has …
Persistent link: https://www.econbiz.de/10010321756
-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
kink allows me to identify how UI affect the use of private wealth to finance consumption during unemployment spells. Using … lacks buffer savings. This is further emphasized for different subpopulations. Women, couples, and older individuals holds … significantly larger liquid wealth than men and young singles. …
Persistent link: https://www.econbiz.de/10010321386
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
, we provide the first comparisons of savings in these two regions at the micro level using synthetic cohort techniques …
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
between initial wealth and entrepreneurship. However, in a recent paper Hurst and Lusardi (2004) use higher order of … polynomials in wealth and find that there is no relationship between household initial wealth and the probability of starting an … 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