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The Household Finance and Consumption Survey (HFCS) provides information about house-hold wealth (real and financial … framework for our analysis is the "Guidelines for Micro Statistics on Household Wealth" from the OECD (2013). We have two main … via weighting and imputation as well as further points which might restrict cross-country comparability of net wealth. We …
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I study the joint dynamics between the US wealth share, the dollar and the global economy. I uncover three novel … stylised facts about these joint dynamics. Firstly, the US wealth share is countercyclical: it falls on impact but subsequently … rises over the course of global recessions. Secondly these wealth share dynamics are driven by the relative outperformance …
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