across generations. We discuss the implications of these findings for several strands of the wealth inequality debate. …We provide a systematic analysis of the properties of individual returns to wealth using twelve years of population … returns does not arise merely from differences in the allocation of wealth between safe and risky assets: returns are …

theimplications of these findings for several strands of the wealth inequality debate …We provide a systematic analysis of the properties of individual returns to wealth using twelve years ofpopulation data … standard deviation of 8%). Second,heterogeneity in returns does not arise merely from differences in the allocation of wealth …

implications of these findings for several strands of the wealth inequality debate …We provide a systematic analysis of the properties of individual returns to wealth using twelve years of population … of wealth between safe and risky assets: returns are heterogeneous even within asset classes. Third, returns are …

discuss the implications of these findings for several strands of the wealth inequality debate …We provide a systematic analysis of the properties of individual returns to wealth using twenty years of population … percentile. Second, heterogeneity in returns does not arise merely from differences in the allocation of wealth between safe and …

of the wealth distribution as well as the level and rise of consumption inequality over the life cycle …A recent literature argues that persistent heterogeneity in wealth returns ("type dependence") as well as a positive … association with wealth levels ("scale dependence") play an important role for explaining features of the wealth distribution …

cycle, of several dimensions of economic inequality, including wages, labor earnings, income, consumption, and wealth. After … distribution. Consumption inequality increased less than disposable income inequality, and tracked the latter much more closely at … and the cyclical fluctuations in income inequality. The rise in income inequality was stronger at the bottom of the …

cycle, of several dimensions of economic inequality, including wages, labor earnings, income, consumption, and wealth. After … distribution. Consumption inequality increased less than disposable income inequality, and tracked the latter much more closely at … and the cyclical fluctuations in income inequality. The rise in income inequality was stronger at the bottom of the …

implications of these findings for several strands of the wealth inequality debate. …We provide a systematic analysis of the properties of individual returns to wealth using twelve years of population … of wealth between safe and risky assets: returns are heterogeneous even within asset classes. Third, returns are …

consume of an unexpected, transitory, and positive income change, and by how much they would reduce their consumption in … response to an unexpected, transitory, and negative income change. The questionnaire distinguishes between relatively small … income changes (a one-month increase or drop in income), and relatively larger ones (equal to three months of income). The …

consume of an unexpected, transitory, and positive income change, and by how much they would reduce their consumption in … response to an unexpected, transitory, and negative income change. The questionnaire distinguishes between relatively small … income changes (a one-month increase or drop in income), and relatively larger ones (equal to three months of income). The …