The UK has experienced a dramatic increase in earnings and income inequality over the past four decades. We use … policy shocks lead to a deterioration in earnings, income and consumption inequality and contribute to their fluctuation. The … response of income and consumption at different quantiles suggests that contractionary policy has a larger negative effect on …

contained in the joint dynamics of income, consumption and wealth to quantify the degree of insurance against income risk … and 9 percent of a permanent income shock. Our estimates are in line with empirical estimates for the same dataset, that …We use the Italian Survey of Household Income and Wealth, a rather unique dataset with a long time dimension of panel …

-we observe more heterogeneity than expected and also stickiness at the lowest income levels. Response delays in post-shock …) that tracks the same individuals over time to assess how individuals from different income and wealth groups respond to … life and financial shocks with respect to volunteering. Although both income and wealth can act as buffers against life …

The UK has experienced a dramatic increase in earnings and income inequality over the past four decades. We use … monetary policy shocks lead to a deterioration in earnings and income inequality and contribute to its fluctuation. Our …