wealth growth and U.S. income growth significantly. …This paper studies the signalling effect of the consumption-wealth ratio (cay) on German stock returns via vector error …

This paper studies the signalling effect of the consumption-wealth ratio (cay) on German stock returns via vector error … is used, cay has no significant effect on German stock returns. Besides, it is also found that cay signals German wealth … growth and U.S. income growth significantly …

with household income. The paper uses household economic panel data from five countries - Australia, Britain, Germany … countries wealth affects life satisfaction more than income. In the countries for which consumption data are available (Britain …, results from panel regression fixed effects models indicate that changes in wealth, income and consumption all produce …

SWB. In most cases, wealth is more important than income from the perspective of SWB. Theoretical and empirical reasons … since the latter has been measured. For convenience and availability matters, income (what people earn) was mostly used at … the individual level. It is only since recently that data about wealth (what people possess) is available and the links …

little has been known about them. As a result, the full extent of wealth concentration in Germany was unknown. To close the … Germany is higher than previously thought. The top ten percent possess over two thirds of all individual net assets, while … previously it was thought to only be 59 percent. The richest percent of the population has around 35 percent of the wealth, not …