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The distribution of household savings in Germany
Späth, Jochen; Schmid, Kai D. - 2016
,000 households in Germany. We show that the concentration of savings in Germany is substantial, as in 2013 the top income decile …
Persistent link: https://www.econbiz.de/10011575021
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The role of credit on the evolution of wealth inequality in the USA
Oviedo Moguel, Rodolfo - 2020
In the USA, the share of household wealth held by the richest 1% increased from 23.5% in 1980 to 41.8% in 2012. This paper contributes to understanding the causes behind this increase. First, using an accounting decomposition, I show that more than half of the increase in the share of the top 1%...
Persistent link: https://www.econbiz.de/10012318998
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The Household Finance and Consumption Survey : results from the second wave
Europäische Zentralbank / Eurosystem Household Finance … - 2016
Persistent link: https://www.econbiz.de/10011664050
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Is the financial market driving income distribution? : an analysis of the linkage between income and wealth in Europe
Kavonius, Ilja Kristian; Törmälehto, Veli-Matti - 2022
/labour shares) have not been fully transmitted to the distribution of primary income between households because other institutional …
Persistent link: https://www.econbiz.de/10013337381
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Why do Europeans save? : micro-evidence from the household finance and consumption survey
Horioka, Charles; Ventura, Luigi - 2024
In this paper, we analyze the saving motives of European households using micro-data from the Household Finance and … most important saving motive of European households when the proportion of households saving for each motive is used as the … criterion to rank them but that the retirement motive is the most important saving motive of European households if the …
Persistent link: https://www.econbiz.de/10015047840
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The distribution of household savings in Germany
Späth, Jochen; Schmid, Kai D. - In: Jahrbücher für Nationalökonomie und Statistik 238 (2018) 1, pp. 3-32
Persistent link: https://www.econbiz.de/10011953834
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Private pensions, retirement wealth and lifetime earnings
MacGee, James; Zhou, Jie - 2010
permanent return differences across households, we find that the model largely accounts for the sizeable variation in retirement …
Persistent link: https://www.econbiz.de/10010291899
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Housing Wealth and Aggregate Consumption in Sweden
Chen, Jie - 2006
This paper extends the VECM cointegration model and PT (permanent-transitory) variance decomposition framework proposed by Lettau & Ludvigson (2004) and applies them on the Swedish data spanning from 1980q1 to 2004q4. There are strong statistical evidences that the movements of aggregate...
Persistent link: https://www.econbiz.de/10010321586
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Solow meets Marx: Economic growth and the emergence of social class
Modalsli, Jørgen Heibø - 2011
This paper reconciles neoclassical models of economic growth (Solow) with the formation of social classes during economic transition (Marx). An environment with missing capital markets and no labor divisibility is shown to lead to a steady state with no aggregate inefficiencies, but a very...
Persistent link: https://www.econbiz.de/10010330219
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Polarization, risk and welfare in general equilibrium
Modalsli, Jørgen Heibø - 2011
This paper studies the determinants of inequality in an infnitehorizon general equilibrium model. Missing capital markets decreases motivations for capital accumulation among the poor, while uncertainty about future income leads to precautionary savings. The different returns to saving faced by...
Persistent link: https://www.econbiz.de/10010330272