effect of wealth shocks on household consumption and individual expectations of the future. Many household experienced a … significant wealth shocks, but these shocks led to modest spending effects and small revisions to expectations regarding future … bequests. Expectations of bequests seem particularly tied to housing wealth. …

In this paper, we attempt to explain differences between the US and UK household wealth distributions, with an emphasis … fraction of their household wealth is concentrated in houseing. Finally, the age gradient in home equity appears to be much … wealth, British households hold relatively small amounts of financial assets - including equities in stock - compared to …

ownership and housing wealth as a hedge against future house price risk for individuals moving up the ladder - people living in …

ownership and housing wealth as a hedge against future house price risk for individuals moving up the ladder - people living in …