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wealth accumulation using the life-cycle approach and Australian household panel data. Both the results presented here for … Australia and those contained in the existing literature suggest that raising a family has a very small impact upon wealth … argue the estimates from the wealth approach make more intuitive sense on a number of fronts, with implications for families …
Persistent link: https://www.econbiz.de/10010857774
Persistent link: https://www.econbiz.de/10010942897
Our analysis shows that Pareto's instincts were right, for under certain assumptions, personal distributions of income tend to be similar even when the underlying functional determinants are quite different. We prove that if the initial functional income distribution is sufficiently "compact" -...
Persistent link: https://www.econbiz.de/10005245434
wealth. In addition, the savings rate strongly responds to demographic trends. Besides the direct impact of the age structure …, an indirect effect arises through the accumulation of wealth. The savings rate does not decrease with age in a monotonic …This paper investigates the relationship between wealth, ageing and saving behaviour of private households by using …
Persistent link: https://www.econbiz.de/10010550528
wealth. In addition, the savings rate strongly responds to demographic trends. Besides the direct impact of the age structure …, an indirect effect arises through the accumulation of wealth. The savings rate does not decrease with age in a monotonic …This paper investigates the relationship between wealth, ageing and saving behaviour of private households by using …
Persistent link: https://www.econbiz.de/10010551077
wealth. In addition, the savings rate strongly responds to demographic trends. Besides the direct impact of the age structure …, an indirect effect arises through the accumulation of wealth. The savings rate does not decrease with age in a monotonic …This paper investigates the relationship between wealth, ageing and saving behaviour of private households by using …
Persistent link: https://www.econbiz.de/10010556736
wealth. In addition, the savings rate strongly responds to demographic trends. Besides the direct impact of the age structure …, an indirect effect arises through the accumulation of wealth. The savings rate does not decrease with age in a monotonic …This paper investigates the relationship between wealth, ageing and saving behaviour of private households by using …
Persistent link: https://www.econbiz.de/10010732489
a 4-year college. Findings from this study suggest LMI young adults with school savings were more than three times as … likely to be on course than LMI young adults without any savings or who had savings but had not designated any of it for …
Persistent link: https://www.econbiz.de/10010863529
Persistent link: https://www.econbiz.de/10005670058
comparisons to earlier wealth surveys from 1977 and 1984. I find cross-sectional evidence for asset decumulation at older ages … when annuitized assets like pension wealth are included in the analysis. I also find that the portfolio share of financial …
Persistent link: https://www.econbiz.de/10005763307