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with household income. The paper uses household economic panel data from five countries – Australia, Britain, Germany … countries wealth affects life satisfaction more than income. In the countries for which consumption data are available (Britain …, results from panel regression fixed effects models indicate that changes in wealth, income and consumption all produce …
Persistent link: https://www.econbiz.de/10010261968
Income and wealth are important determinants of individual economic well-being because they are a fundamental resource … for consumption. Due to increasing inequality the distribution of income and wealth has moved more and more into the focus … multidimensional polarization of both income and wealth. Individual well-being is modeled by a well-being function directly affected by …
Persistent link: https://www.econbiz.de/10011282678
his paper investigates some major changes in the wealth distribution in China using the data from two national … household surveys conducted in 1995 and 2002. The surveys collected rich information on household wealth and its components …, enabling a detailed analysis of changes in wealth distribution among Chinese households. Our analysis indicates that the wealth …
Persistent link: https://www.econbiz.de/10010284731
and women, compared to non-Jews, with additional analyses of earnings, self-employment, and wealth. The Jews in Colonial …-employed professionals. The high level of human wealth of contemporary American Jews is not at the expense of non-human wealth. Overall, and … even when other variables including schooling are held constant, Jews have higher levels of wealth and higher rates of …
Persistent link: https://www.econbiz.de/10010269403
The accepted view among psychologists and economists alike is that household income has statistically significant but … circumstances of households. Using data drawn from the 2001 and 2002 waves of the Household, Income and Labour Dynamics in Australia … only small effects on measures of subjective well-being. Income, however, is clearly an imperfect measure of the economic …
Persistent link: https://www.econbiz.de/10010261799
household portfolio allocation are collected from the HINK surveys for the period 1982-1992, and portfolio shares of different …
Persistent link: https://www.econbiz.de/10010321812
This paper documents the trends in the life-cycle profiles of net worth and housing equity between 1983 and 2004. The net worth of older households significantly increased during the housing boom of recent years. However, net worth grew by more than housing equity, in part because other assets...
Persistent link: https://www.econbiz.de/10010298383
Given differences in public saving programs between Sweden and the United States, an examination of household private … wealth accumulation in these two countries can be enlightening. In this paper we examine wealth inequality and mobility in … Sweden and the United States over the past decade. We show that wealth inequality has been significantly greater in the U …
Persistent link: https://www.econbiz.de/10010321756
Sowohl die Einkommensarmut als auch der Einkommensreichtum haben in Deutschland in den letzten Jahren deutlich zugenommen, zu Lasten der mittleren Einkommensgruppen. Reichtum sollte auch die Freiheit von materiellen Sorgen bedeuten. Trotz der Polarisierung der Einkommensverteilung hat der Anteil...
Persistent link: https://www.econbiz.de/10011602048
housing markets are therefore key to understanding personal portfolios, saving, the household distribution of wealth, and the …Housing is the single most important component of personal wealth in most countries. The special characteristics of … consumption of housing as a component of personal wealth. The impacts of rates of home ownership, credit market characteristics …
Persistent link: https://www.econbiz.de/10010284569