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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 …
Persistent link: https://www.econbiz.de/10011967426
Persistent link: https://www.econbiz.de/10011664050
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 …
Persistent link: https://www.econbiz.de/10012172449
generate enough concentration at the upper tail of the wealth distribution. …
Persistent link: https://www.econbiz.de/10012144204
Was the increase in income inequality in the US due to permanent shocks or merely to an increase in the variance of transitory shocks? The implications for consumption and welfare depend crucially on the answer to this question. We use CEX repeated cross-section data on consumption and income to...
Persistent link: https://www.econbiz.de/10012733915
generate enough concentration at the upper tail of the wealth distribution. …
Persistent link: https://www.econbiz.de/10011872415
There is vast literature examining how households’ income and consumption change over the life cycle. These studies, however, are usually restricted to developed economies. The main objective of this paper is to add to this literature by investigating the life cycle profiles and relative...
Persistent link: https://www.econbiz.de/10014161372
in the measurement of household welfare all material components should be covered, i.e. consumption, income and wealth … consumption, income and wealth can be analysed. Current researches linking macro and micro information for the households have … to household wealth using both survey data and financial accounts. It builds a link between wealth survey and national …
Persistent link: https://www.econbiz.de/10013072608
This paper estimates the distribution of personal wealth in South Africa by combining tax microdata, household surveys …, and macroeconomic balance sheet statistics. We systematically compare estimates of the wealth distribution obtained by … direct measurement of net worth, rescaling of reported wealth to balance sheet totals, and capitalization of income flows. We …
Persistent link: https://www.econbiz.de/10012198851
We use the Italian Survey of Household Income and Wealth, a rather unique dataset with a long time dimension of panel … information on consumption, income and wealth, to structurally estimate a buffer-stock saving model. We exploit the information … contained in the joint dynamics of income, consumption and wealth to quantify the degree of insurance against income risk. The …
Persistent link: https://www.econbiz.de/10011551036