correlate with household net wealth (or income). Bond price increases thus leave net wealth inequality largely unchanged. In … from housing price increases. The capital gains from bond price increases (relative to household net wealth) do not … contrast, equity price increases largely benefit the top end of the net wealth (and income) distribution, thus amplify net …

, wealth inequality in the EA decreases with unexpected inflation, although in some countries (Austria, Germany and Malta …) using sectoral accounts and newly available data from the Household Finance and Consumption Survey. The EA as a whole is a …, and Belgium and Malta being the largest losers. Governments are net winners of inflation, while the household (HH) sector …

model. We find that a union aggregate systemic risk shock results in a sharp decline in output, with two thirds of the …