liabilities for Europe, the USA and Japan, (2) analyse the change in the composition of household gross and net wealth of these …. The paper then discusses global and detailed compared trends of household wealth between countries ... …

Wealth is far from being a homogeneous and monolithic concept. Wealth can be positive or negative (e.g. assets versus … debts), more or less accessible (e.g. bank accounts versus housing wealth), and more or less time-constrained (e.g. cars … versus bonds and mutual funds). These different forms of wealth are likely to influence in different ways the extent to which …