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particular interest to economists, namely income and wealth and (b) to discuss issues in relation to their use, in particular … with respect to missing data. We describe how the income and wealth data were collected. We assess the quality of the … income data by comparing them to those obtained through the European Union Statistics on Income and Living Conditions (EU …
Persistent link: https://www.econbiz.de/10009740282
In this paper, we estimate consumption in the first wave of the Eurosystem Household Finance and Consumption Survey for a subset of countries that account for around 85% of the aggregate final consumption expenditure of households in the euro area. For this purpose we use the methodology...
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since the latter has been measured. For convenience and availability matters, income (what people earn) was mostly used at … SWB. In most cases, wealth is more important than income from the perspective of SWB. Theoretical and empirical reasons …
Persistent link: https://www.econbiz.de/10012135042
decomposing disposable income into labour, property and transfer income is essential for understanding and forecasting consumption …. Finally, substantial crosscountry heterogeneity in marginal propensities to consume out of income and wealth components calls …
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Can income equality be combined with high economic efficiency and rapid economic growth? Fortunately, we need not to … answer such a general question. Indeed, the question is poorly phrased. The relationship between income and wealth … distribution, on one hand, and efficiency/growth, on the other, depends on how a certain distribution of income and wealth has come …
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