In this paper, we examine household savings using data from the National Longitudinal Survey, Cohort 1997 (NLSY97 … with several problems in measuring wealth. While many respondents report owning assets and liabilities, they often do not … calculate household wealth for the whole sample. We examine household wealth holdings by considering several measures of …

It is well-known that individuals born in different periods of time (cohorts)exhibit different wealth accumulation … accumulate wealth. The first one represents productivitydifferences across cohorts: the aggregate level of GNP per capita when … wealth holdings of different cohorts. In comparison with the cohorts that lived without SocialSecurity for a portion of their …