The wealthy hand-to-mouth are households who hold little or no liquid wealth (cash, checking, and savings accounts … accounts). We use survey data on household portfolios for the U.S., Canada, Australia, the U.K., Germany, France, Italy, and …

The wealthy hand-to-mouth are households who hold little or no liquid wealth (cash, checking, and savings accounts … accounts). We use survey data on household portfolios for the U.S., Canada, Australia, the U.K., Germany, France, Italy, and …

France have flatter wealth gradients. …We study the effects of liquidity constraints and start-up costs on the relationship between wealth and the fraction of … entrepreneurs in an economy. We develop a dynamic occupational choice model with endogenous wealth and entry into entrepreneurship …

We analyze the top tail of the wealth distribution in Germany, France, Spain, and Greece based on the Household Finance … and Consumption Survey (HFCS). Since top wealth is likely to be underrepresented in household surveys we integrate the big … of household wealth in Germany jumps up from 24 percent in the HFCS alone to 33 percent after top wealth imputation. For …

, Spain, and France have flatter wealth gradients …We study the effects of liquidity constraints and start-up costs on the relationship between wealth and the fraction of … entrepreneurs in an economy. We develop a dynamic occupational choice model with endogenous wealth and entry into entrepreneurship …

France have flatter wealth gradients …We study the effects of liquidity constraints and start-up costs on the relationship between wealth and the fraction of … entrepreneurs in an economy. We develop a dynamic occupational choice model with endogenous wealth and entry into entrepreneurship …