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across generations. We discuss the implications of these findings for several strands of the wealth inequality debate. …We provide a systematic analysis of the properties of individual returns to wealth using twelve years of population … returns does not arise merely from differences in the allocation of wealth between safe and risky assets: returns are …
Persistent link: https://www.econbiz.de/10012030523
less wealth. …
Persistent link: https://www.econbiz.de/10012426310
interventions are therefore seen as instrumental in cushioning against the impact of the crisis on inequality and poverty. Finally …
Persistent link: https://www.econbiz.de/10012263176
of wealth inequality, which can be performed by carefully adapting the techniques used in the case of income … distributions. The paper focuses on the measurement of inequality itself and includes an application to European data on wealth. We … wealth inequality measures, gaining an understanding of the contributions of inequality by wealth component and socio …
Persistent link: https://www.econbiz.de/10012137161
recession, resulting in a substantial rise in unemployment, and income and wealth inequality. This paper uses longitudinal data … from the Survey of Household Finances over the period 2002 to 2014 to examine the distributions of income and wealth in … both income and wealth following the sharp decline in house prices that occurred since 2008, with house price fluctuations …
Persistent link: https://www.econbiz.de/10012111075
Wealth surveys tend to underestimate wealth concentration at the top due to the "missing rich" problem. We propose a … new way of improving the credibility of wealth surveys: We make them consistent with tabulated income tax data. This is … years and collects data on both income and wealth. Consistency is achieved by calibrating survey weights using the income …
Persistent link: https://www.econbiz.de/10013189174
inequality in household wealth in all 8 countries. … intergenerational wealth transfers on the net worth distribution in 8 European countries and compare it to recent findings for the US …
Persistent link: https://www.econbiz.de/10011573797
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 …This paper analyses the level of inequality in Spain and how it evolved over the course of the past crisis and the …
Persistent link: https://www.econbiz.de/10011967426
contrast, monetary policy has only negligible effects on wealth inequality. …This paper studies the effects of quantitative easing on income and wealth of individual euro area households. The … which key variables affecting household income and wealth are included, such as the unemployment rate, wages, interest rates …
Persistent link: https://www.econbiz.de/10011921470
residential mobility? iv) Is there a link between homeownership and wealth inequality? Between inequality in housing wealth and in …This paper produces new evidence and stylised facts on housing, wealth accumulation and wealth distribution, relying on … an in-depth analysis of micro-based data on household wealth across OECD countries. The analysis addresses several …
Persistent link: https://www.econbiz.de/10012202943