Showing 1 - 10 of 1,541
attainment independently predict household wealth in the Health and Retirement Study (HRS). This relationship is partly explained … gradient in wealth.We show that individuals with lower genetic scores are more prone to reporting "extreme beliefs" (e … wealth disparities not only through education and higher earnings, but also through their impact on the ability to process …
Persistent link: https://www.econbiz.de/10011613150
attainment independently predict household wealth in the Health and Retirement Study (HRS). This relationship is partly explained … gradient in wealth.We show that individuals with lower genetic scores are more prone to reporting "extreme beliefs" (e … wealth disparities not only through education and higher earnings, but also through their impact on the ability to process …
Persistent link: https://www.econbiz.de/10011653295
Piketty (2017) argues in favor of a multidimensional and relational approach to the analysis of wealth inequality … approach by focusing on different functions of wealth. We operationalize functions of wealth by empirically analyzing the … on these decisive functions of wealth aligns well with the wealth distribution, in ways that vary considerably across …
Persistent link: https://www.econbiz.de/10013370140
The role of inherited wealth in modern economies has increasingly become under scrutiny. This study presents one of the … share of total wealth in a given economy. Thus, aging is not likely to explain a recent surge in this share in some advanced …
Persistent link: https://www.econbiz.de/10011499894
In this paper, we present updated measures of racial disparities in wealth using the most recent data from the Survey … of Consumer Finances (SCF), augmented by household-level estimates of defined benefit (DB) pension wealth developed by … Sabelhaus and Volz (2020). Including this important asset, we find that racial wealth disparities are smaller than the numbers …
Persistent link: https://www.econbiz.de/10012818818
This paper produces new evidence and stylised facts on housing, wealth accumulation and wealth distribution, relying on … an in-depth analysis of micro-based data on household wealth across OECD countries. The analysis addresses several …-economic characteristics such as income, wealth and age? What is the weight of housing in households’ balance sheets and how does this vary …
Persistent link: https://www.econbiz.de/10012202943
effect of the coronavirus crisis on household income and retirement wealth, households’ expectations about the recovery, and … the impact of the shock on individuals’ economic choices. Wealth shocks are large across the population, but more … pronounced for middle-age households and those higher in the wealth and income distributions. This contrasts with income shocks …
Persistent link: https://www.econbiz.de/10012206687
This paper presents data on the wealth of households by age cohort based on new data from the 2013 Survey of Consumer … Finances (SCF). It shows that the upward redistribution of wealth continued between 2010 and 2013. As a result, most households … had less wealth in 2013 than they did in 2010 and much less than in 1989, the first year examined. This is in spite of the …
Persistent link: https://www.econbiz.de/10011096690
housing wealth to net wealth inequality between 2002 and 2017 in Germany by means of a factor decomposition. Further, we … differentiate by region types (urban vs. rural, large vs. small municipalities) and federal states. We find that housing wealth … explains an increasing share of income inequality; and that the wealth inequality contribution of primary residence has …
Persistent link: https://www.econbiz.de/10014459461
are household equivalent disposable in-come, household consumption, and wealth. Subsequently we use the Income and …, consumption, and wealth. Generally, we find that these three concepts tell different stories about the level of inequality and its … intertemporal pattern. In line with theoretical arguments and previous empirical evidence, wealth is more unequally distributed than …
Persistent link: https://www.econbiz.de/10014459462