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surveys) in order to deliver consistent, unified wealth distribution series for France over the 1800-2014 period. We find a … of the contradictory effect of housing prices. We develop a simple simulation model highlighting how the combination of …
Persistent link: https://www.econbiz.de/10012952893
The financial and economic crisis that have shaken many countries in the last years have increased demand for timely, coherent and consistent distributional information for the household sector. In the Euro area, most of the national central banks collect such information through income and...
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We estimate the long- and short-run relationship between top income and wealth shares for France and the US since 1913 … countries, we estimate a decline in the relative saving rates at the top - after 1968 in France and 1983 in the US, equivalent … the US contributed to a more subdued rise in wealth inequality in France. …
Persistent link: https://www.econbiz.de/10011929816
Using new micro data on household wealth from fifteen European countries, the Household Finance and Consumption Survey, we first document the substantial cross-country variation in how various measures of wealth are distributed across individual households. Through the lens of a standard,...
Persistent link: https://www.econbiz.de/10013058553
On what and to what extent private households in Germany spend money varies significantly depending on employment status, income, and age. As this study based on the most current official sample survey of income and expenditure from 2013 shows, unemployed households on average spend over half of...
Persistent link: https://www.econbiz.de/10011812714
Historically high household debt in several economies is calling for a deleveraging, but according to some economists, this adjustment can slow GDP growth by weighing on consumption. Using a sample of advanced and emerging market economies, this paper finds evidence of a negative relationship...
Persistent link: https://www.econbiz.de/10013306732
Nearly 25 years after the German reunification, vastly different living conditions between East and West Germany still remain. This is particularly true for the distribution of net wealth which is of special importance for the well-being of individuals. Wealth provides utility in a number of...
Persistent link: https://www.econbiz.de/10011348393