the change in wealth over the period. The goal of this paper is to examine the advantages and difficulties of using this … on income and wealth to other administrative data with information on financial and real estate transactions. Using this …

This paper studies the heterogeneity of the marginal propensity to consume out of wealth based on French household … surveys. This heterogeneity is driven by differences in both wealth composition and wealth levels. We find a decreasing … marginal propensity to consume out of wealth across the wealth distribution for all net wealth components. The marginal …

and wealth inequality, and studies how they have developed. The analysis shows less wage dispersion in Spain than in other … of a decrease in expenditure on consumer durables by low-income households. Wealth inequality exceeds income inequality … and increased during the downturn as a result of financial assets outperforming real assets. Nevertheless, Spain’s wealth …

A method to impute consumption expenditure inequality between wealth groups in the Survey of Consumer Finances is … provided, allowing for measurement error that is correlated with income and wealth. Identification is derived from observing … between top and bottom wealth quintiles is estimated to have increased by 50% between 2004 and 2013, indicating that observed …

This paper studies the heterogeneity of the marginal propensity to consume out of wealth based on French household … surveys. This heterogeneity is driven by differences in both wealth composition and wealth levels. We find a decreasing … marginal propensity to consume out of wealth across the wealth distribution for all net wealth components. The marginal …

This paper provides new empirical insights on the joint distribution of consumption, income, and wealth (CIW) in three … first finding is that while income inequality is similar to that of the United States, wealth inequality is barely one … in the United States, the share of total wealth accumulated by the income-rich in SSA is one-fifth of its US counterpart …

rich followed a similar pattern, the result of wealth effects associated with a boom-bust in asset prices. Indeed, the … top 10 percent account for almost half of income and two-thirds of wealth. In other words, the rich played a critical role …

effect of the coronavirus crisis on household income and retirement wealth, households’ expectations about the recovery, and … the impact of the shock on individuals’ economic choices. Wealth shocks are large across the population, but more … pronounced for middle-age households and those higher in the wealth and income distributions. This contrasts with income shocks …

If Piketty's main theoretical prediction (r>g leads to rising wealth inequality) is taken to its radical conclusion …, then a small elite will own all wealth if capitalism is left to its own devices. We formulate and calibrate a Post …-Keynesian model with an endogenous distribution of wealth between workers and capitalists which permits such a corner solution of all …