Showing 1 - 10 of 42
wealth distribution. Life changing situations such as getting divorced or losing one's job have a statistically significant …
Persistent link: https://www.econbiz.de/10012099386
wealth distribution. Life changing situations such as getting divorced or losing one’s job have a statistically significant …
Persistent link: https://www.econbiz.de/10012149413
Wealth is an increasingly important dimension of economic well-being and is attracting rising attention in discussions … of social inequality. In this paper, we compare - within and across countries - wealth outcomes, and link those to both … employment-related factors and policy solutions that have the potential to improve wealth creation and retirement security for …
Persistent link: https://www.econbiz.de/10012663973
This paper considers a parametric model for the joint distribution of income and wealth. The model is used to analyze … income and wealth inequality in five OECD countries using comparable household-level survey data. We focus on the dependence … parameter between the two variables and study whether accounting for wealth and income jointly reveals a different pattern of …
Persistent link: https://www.econbiz.de/10011307414
value of one's own home (home equity) is the largest financial reserve in a household's wealth portfolio, it is important to …
Persistent link: https://www.econbiz.de/10011443150
value of one's own home (home equity) is the largest financial reserve in a household's wealth portfolio, it is important to …
Persistent link: https://www.econbiz.de/10011725446
Wealth is an increasingly important dimension of economic well-being and is attracting rising attention in discussions … of social inequality. In this paper, we compare - within and across countries - wealth outcomes, and link those to both … employment-related factors and policy solutions that have the potential to improve wealth creation and retirement security for …
Persistent link: https://www.econbiz.de/10013365398
in some detail the wealth effect in three countries, Canada, Finland, and Italy (Sierminska and Takhtamanova 2007). First …, we investigate whether consumption responds differently to changes in housing and financial wealth. Second, we … investigate whether there are differences in consumption responses to changes in wealth across different age groups. …
Persistent link: https://www.econbiz.de/10005346425
To explore the link between household consumption and wealth, we use a new source of harmonized microdata (Luxembourg … Wealth Study). We investigate whether there are differences in wealth effects from different types of wealth and across age … groups. We consider three countries: Canada, Italy and Finland. We find that the overall wealth effect from housing is …
Persistent link: https://www.econbiz.de/10005498397
In this paper, we identify methodological differences and similarities in the measurement of wealth using survey data … measurement of non-financial assets. For the most part, many differences arise in the tails of the distributions of wealth …. Comparable definitions of overall wealth in the surveys lead us to find a 10% and 3% difference in mean and conditional median of …
Persistent link: https://www.econbiz.de/10004985671