utility to differ between households with and without offspring. Our estimates imply a very strong utility of residual wealth …-quarters of aggregate wealth at age 85. More surprisingly, we estimate similar utility of residual wealth for households with and … without offspring. We interpret this as, prima facie, evidence that the utility of residual wealth represents forces beyond an …

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 …. In addition to less inequality and a higher median wealth, we also show that wealth quintile mobility in the 1990's has …

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 …

(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 …

Do income disparities between men and women translate into longer term wealth disparities? We use the Survey of Income …

SIPP data are used to analyze the wealth of the U.S. foreign-born population. We find that the median wealth level of U ….S.-born couples is 2.3 times the median of foreign-born couples, while the median wealth level of U.S.-born singles is three times … that of foreign-born singles. Further, there is a great deal of diversity in wealth within the immigrant population …

This study examines from a cross-national perspective the importance of inheritance as a source of private wealth … inheriting households own considerably more wealth than non-inheriting households, all other things equal. The wealth gap between … households who received lifetime gifts or bequests and those who did not varies hugely along the distribution of net wealth. At …

Housing is the single most important component of personal wealth in most countries. The special characteristics of … housing markets are therefore key to understanding personal portfolios, saving, the household distribution of wealth, and the … consumption of housing as a component of personal wealth. The impacts of rates of home ownership, credit market characteristics …