process using two data sets: the Panel Study of Income Dynamics and a large, synthetic, data set that matches the dynamics of … the data and better fits the savings of the households at the bottom 60% of the wealth distribution …

. Finally, substantial crosscountry heterogeneity in marginal propensities to consume out of income and wealth components calls … decomposing disposable income into labour, property and transfer income is essential for understanding and forecasting consumption …

effect of the coronavirus crisis on household income and retirement wealth, households’ expectations about the recovery, and … pronounced for middle-age households and those higher in the wealth and income distributions. This contrasts with income shocks …, which are stronger for younger households and those in lower income and wealth quintiles. Expectations about household …

mobility is highest for consumption, followed by income and wealth. Income exhibits the highest intergenerational correlation …We use fifty years of the Panel Study of Income Dynamics to study the intergenerational correlation in income …, consumption, and wealth to answer the question: is intergenerational mobility similar across the three resource measures? Absolute …