between initial wealth and entrepreneurship. However, in a recent paper Hurst and Lusardi (2004) use higher order of … polynomials in wealth and find that there is no relationship between household initial wealth and the probability of starting an … own business throughout most of the wealth distribution in the United States. In this paper we examine this relationship …

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 …

(HILDA) Survey, this paper demonstrates that wealth, which can be viewed as providing a degree of economic security, is at …

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 …

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 …

International and national investors are often exposed to real wealth risks, stemming from volatile asset prices and …, price level and futures price and hence real wealth is stochastic. For a risk averse investor, optimal consumption and …

This paper investigates the relationship between wealth, ageing and saving behaviour of private households by using … pooled cross sections of German consumption survey data. Different components of wealth are distinguished, as their impact on … wealth. In addition, the savings rate strongly responds to demographic trends. Besides the direct impact of the age structure …