In this paper, we present updated measures of racial disparities in wealth using the most recent data from the Survey … of Consumer Finances (SCF), augmented by household-level estimates of defined benefit (DB) pension wealth developed by … Sabelhaus and Volz (2020). Including this important asset, we find that racial wealth disparities are smaller than the numbers …

Households hold vastly heterogenous amounts of wealth when they reach retirement, and differences in lifetime earnings … wealth dispersion at retirement, in the context of a rich quantitative model. Modeling voluntary bequests, and realistically … calibrating them, not only generates more wealth dispersion at retirement and reduces the correlation between retirement wealth …

Households hold vastly heterogenous amounts of wealth when they reach retirement, and differences in lifetime earnings … wealth dispersion at retirement, in the context of a rich quantitative model. Modeling voluntary bequests, and realistically … calibrating them, not only generates more wealth dispersion at retirement and reduces the correlation between retirement wealth …

both individual survey data on wealth holdings and administrative data on earnings histories from the UK to examine this … question. We find evidence of a positive relationship between saving rates (and wealth accumulation) and levels of permanent … the US, but somewhat at odds with evidence from the UK which has examined retirement wealth and lifetime earnings in the …

In this paper, we analyze the wealth accumulation and saving behavior of the retired elderly in Italy using micro data … from the "Survey of Italian Households' Income and Wealth," a panel survey of households conducted every two years by the … Bank of Italy. We find that, on average, the retired elderly in Italy are decumulating their wealth (dissaving) but that …