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 …

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

goods and services to measures of real income and wealth, where the latter are deflated by a price index for total …

I consider as misplaced the current emphasis on income and wealth inequalities as compared to the socially more … of income and wealth inequalities over time (since 1920): The share of the top 1% of earners followed a downward trend …-29 decade. The share of the top 10% of earners followed a similar movement. The same picture is observed for wealth inequality …

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 …