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among the wealthy, while owner-occupied housing is crucial for middle groups, so higher stock prices raise wealth inequality … while house price increases do the opposite. Inheritances exacerbate absolute wealth inequality but reduce relative … inequality. Wealth inequality declined in advanced Western countries during the first half of the 20th century, then stabilized …
Persistent link: https://www.econbiz.de/10015076060
Persistent link: https://www.econbiz.de/10014634351
entering an era of increasing income inequality. In this article, the link between financial wealth and pre-tax household …Globalisation has a major impact on the levels and distribution of wealth. The financial markets are highly integrated … wealth over the past 25 years. Nonetheless, this has not led to an equally large increase in property income because the …
Persistent link: https://www.econbiz.de/10013337381
Distributional accounts for households enable measurement, study developments and identify drivers of inequality …. Distributional information on households' wealth is available from the Household Finance and Consumption Survey only for three points … quarterly distributional national wealth by (i) improving the alignment of survey fieldwork periods with the national accounts …
Persistent link: https://www.econbiz.de/10013285967
redistributive, as it amplifies both income and wealth inequality. Low-income workers experience a relatively larger decline in … financially constrained, and the failure to reduce vulnerability to climate impacts exacerbates wealth inequality. Additionally …I study the implications of climate change and adaptation on housing and income, and wealth. I embed climate change in …
Persistent link: https://www.econbiz.de/10014233371
Distributional accounts for households enable measurement, study developments andidentify drivers of inequality …. Distributional information on households’ wealth is availablefrom the Household Finance and Consumption Survey only for three points … quarterly distributional national wealth by (i) improving the alignment of surveyfieldwork periods with the national accounts …
Persistent link: https://www.econbiz.de/10014030310
borrower-based measures have a moderate negative welfare impact in terms of wealth inequality and a negligible impact on income … LTV/DSTI limits can increase inequality at introduction, they can dampen the increase in inequality under adverse … simulations under different macroeconomic and macroprudential policy scenarios using granular income and wealth data from the …
Persistent link: https://www.econbiz.de/10012547560
Using new data from the Understanding Society: COVID 19 survey collected in April 2020, we show how the aggregate shock caused by the pandemic affects individuals across the distribution. The survey collects data from existing members of the Under-standing Society panel survey who have been...
Persistent link: https://www.econbiz.de/10012226071
and inequality. …
Persistent link: https://www.econbiz.de/10012285911
that have higher income inequality. We explain this pattern with a model based on risk shifting incentives where banks …
Persistent link: https://www.econbiz.de/10012270435