and wealth inequality, and studies how they have developed. The analysis shows less wage dispersion in Spain than in other … young people delaying setting up home. Inequality in per capita consumption rose during the crisis, particularly as a result … of a decrease in expenditure on consumer durables by low-income households. Wealth inequality exceeds income inequality …

We document relevant racial differences in the degree consumption insurance against shocks: Blacks appear to be less …

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 rel …-ative inequality. Wealth inequality declined in advanced Western countries during the first half of the 20th century, then stabilized …

alternative systems focuses on their effects on savings, capital accumulation, labour supply, economic growth and inequality and …

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 …

distribution. I use the estimates to decompose the overall effect of transfers on wealth inequality in the effect of the aggregated … very much in line with the literature, indicating that transfers tend to equalize wealth inequality, despite minor …This paper uses SOEP data to study the distributional effect of intergenerational transfers on the wealth distribution …

information on consumption, income and wealth, to structurally estimate a buffer-stock saving model. We exploit the information … contained in the joint dynamics of income, consumption and wealth to quantify the degree of insurance against income risk. The …We use the Italian Survey of Household Income and Wealth, a rather unique dataset with a long time dimension of panel …

information on consumption, income and wealth, to structurally estimate a buffer-stock saving model. We exploit the information … contained in the joint dynamics of income, consumption and wealth to quantify the degree of insurance against income risk. The …We use the Italian Survey of Household Income and Wealth, a rather unique dataset with a long time dimension of panel …

Preferences over wealth can explain why households do not spend more when real interest rates fall, because they save … more than optimal under a standard model. However, little is known about preferences over wealth empirically. We run an … wealth, consistent with wealth entering the utility function directly. …