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Is the top tail of the wealth distribution the missing link between the Household Finance and Consumption Survey and national accounts?
Chakraborty, Robin; Kavonius, Ilja Kristian; … - 2018
The financial accounts of the household sector within the system of national accounts report the aggregate asset holdings and liabilities of all households within a country. In principle, when household wealth surveys are explicitly designed to be representative of all households, aggregating...
Persistent link: https://www.econbiz.de/10011921042
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Is the financial market driving income distribution? : an analysis of the linkage between income and wealth in Europe
Kavonius, Ilja Kristian; Törmälehto, Veli-Matti - 2022
wealth over the past 25 years. Nonetheless, this has not led to an equally large increase in property income because the … rates of return have decreased during the same era. Moreover, changes in functional income distribution (capital …/labour shares) have not been fully transmitted to the distribution of primary income between households because other institutional …
Persistent link: https://www.econbiz.de/10013337381