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sustainability-focused wealth accounts. Typical bookend assumptions of the social planner optimally managing natural capital versus …
Persistent link: https://www.econbiz.de/10014023894
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This paper applies multidimensional affluence measures to a new dataset on income and wealth in 15 Eurozone countries …. We start our analysis by examining the income and wealth distributions separately for each country, and extend it to a … multidimensional setting by considering the joint distribution of income and wealth. The results indicate that, with the exception of …
Persistent link: https://www.econbiz.de/10011288530
This paper applies multidimensional affluence measures to a new dataset on income and wealth in 15 Eurozone countries …. We start our analysis by examining the income and wealth distributions separately for each country, and extend it to a … multidimensional setting by considering the joint distribution of income and wealth. The results indicate that the percentage of …
Persistent link: https://www.econbiz.de/10010459794
Wealth in addition to income determines to a large degree an individual’s consumption opportunities and economic … satisfaction as an indicator of subjective well being and households’ wealth. We contribute to the scarce literature on wealth and … well-being using micro-data from the German wealth survey, Panel on Household Finances - PHF, for 2010 and 2014. Using …
Persistent link: https://www.econbiz.de/10013171766
This paper is the first to compare global trends in income and wealth inequality this century. It is based on large … income and wealth microdata samples designed to be representative of all countries in the world. Measured by the Gini … one half - of wealth inequality. Broadly similar results are found for different years and different inequality indices …
Persistent link: https://www.econbiz.de/10011947029
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Persistent link: https://www.econbiz.de/10011628919
With growing wealth inequality in the United States, understanding the implications on individual well-being becomes … theoretical perspective, wealth is a better indication of life-time financial resources, as compared to income which is recorded … at a point in time. More recent research has indicated that wealth, or income and wealth taken together, explain more of …
Persistent link: https://www.econbiz.de/10012135069