Account Tax Compliance Act (FATCA), to produce new evidence on the foreign financial wealth of U.S. households. We find that U …

Median household wealth shot up by 21.2 percent in real terms between 2016 and 2019, as asset prices continued to … rebound. However, 2007 still remains the watershed year, and median wealth was down 20.4 percent relative to 2007, though mean … wealth more than fully recovered. There was a modest remission in wealth inequality, with the share of the top one percent …

Recent work has documented a rising degree of wealth inequality in the United States between 1983 and 1998. In this …) and extended by D'Ambrosia (2001), we examine whether a similar pattern exists with regard to trends in wealth … on the distribution of wealth between 1983 and 1998. We find that polarization between homeowners and tenants and among …

household wealth lead to a greater tendency to hold and manage risky assets. Our decomposition analysis also shows that the gap … Korea relative to the United States. Our comparative analysis, using macro-level and harmonized longitudinal household … individual management of risky financial portfolios. We find that educational and health attainments of household heads and …

effect of wealth shocks on household consumption and individual expectations of the future. Many household experienced a … significant wealth shocks, but these shocks led to modest spending effects and small revisions to expectations regarding future … bequests. Expectations of bequests seem particularly tied to housing wealth. …

) for individuals' wealth accumulation. Using survey data from the German SAVE initiative, we find strong gender- and … education-related differences in the distribution of the two variables and their effects on wealth: As financial literacy rises … become strongly underconfident with higher education, while men remain overconfident. Regarding wealth accumulation, we show …