Housing property is the most important position in a household's wealth portfolio. Even though there is strong evidence … paper examines if there is a wealth effect of house prices on savings using household-level longitudinal data from the … interpret this as evidence of a housing wealth effect. …

The well-documented positive correlation between income risk and wealth was interpreted as evidence for high amounts of … precautionary wealth in various studies. However, the large estimates emerged from pooling non-entrepreneurs and entrepreneurs … private wealth balance sheets. Entrepreneurs, who face high income risk, hold more wealth than employees, but it is shown that …

The well-documented positive correlation between income risk and wealth was interpreted as evidence for high amounts of … precautionary wealth in various studies. However, the large estimates emerged from pooling non-entrepreneurs and entrepreneurs … private wealth balance sheets. Entrepreneurs, who face high income risk, hold more wealth than employees, but it is shown that …

countries not exposed to the VAT shock. Income, wealth effects, or intratemporal substitution cannot explain these results. …

countries not exposed to the VAT shock. Income, wealth effects, or intratemporal substitution cannot explain these results. …