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evolution of wealth inequality measures. Our findings suggest that expansionary monetary policy shocks lead to an increase in … wealth inequality and contributed significantly to its fluctuations. This effect is heterogenous across the wealth …We use detailed micro information at household level from the Wealth and Assets Survey to construct measures of wealth …
Persistent link: https://www.econbiz.de/10012120339
In this paper, I study the role of housing for wealth accumulation and the determination of the equilibrium real … between 1980 and 2018 of almost 4 percentage points (pp), an increase in the wealth-to-income ratio of almost 250 pp and an … increase in the share of housing wealth of almost 8 pp. All of these patterns are broadly in line with the empirical …
Persistent link: https://www.econbiz.de/10014439445
male wage inequality on her local marriage market - the more heterogeneous potential future mates are in terms of earnings …
Persistent link: https://www.econbiz.de/10009385407
inequality over the life cycle and of the individual-level degree of consumption insurance against persistent earnings shocks … generate enough concentration at the upper tail of the wealth distribution. …
Persistent link: https://www.econbiz.de/10011872415
This paper documents disparities in cognitive development-as measured by a receptive vocabulary test-between children from households with high and low socioeconomic status (SES) in two different phases of childhood (before and after early school years) in four developing countries: Peru,...
Persistent link: https://www.econbiz.de/10011303243
Persistent link: https://www.econbiz.de/10012432465
Understanding the drivers of wealth transfers during life is crucial to understanding the intergenerational … transmission of inequality, the optimal design of social insurance, and the efficacy of expansionary fiscal policy. To shed light … on this, we analyse the relationships between giving and receiving significant wealth transfers and experiencing key life …
Persistent link: https://www.econbiz.de/10014372112
Persistent link: https://www.econbiz.de/10011926526
Persistent link: https://www.econbiz.de/10014511669
Persistent link: https://www.econbiz.de/10015070205