English couple households born in the 1940s. Here, 'optimal' wealth holdings are those that allow households to enjoy the same … calculate this level of wealth, and compare that with how much wealth households are observed to hold. We find that the majority … of households hold more wealth than our model suggests is optimal and that this would still be true even if housing …

English couple households born in the 1940s. Here, 'optimal' wealth holdings are those that allow households to enjoy the same … calculate this level of wealth, and compare that with how much wealth households are observed to hold. We find that the majority … of households hold more wealth than our model suggests is optimal and that this would still be true even if housing …

the change in wealth over the period. The goal of this paper is to examine the advantages and difficulties of using this … on income and wealth to other administrative data with information on financial and real estate transactions. Using this …

, actual data on household net wealth, rather than proxies or derived series were used. This allowed the wealth variable to …-financial wealth was found to have short-run influence on consumption but not in the long-run. …

the change in wealth over the period. The goal of this paper is to examine the advantages and difficulties of using this … on income and wealth to other administrative data with information on financial and real estate transactions. Using this …

borrow for current consumption on the basis of their housing wealth, and the easing of borrowing constraints has often been … wealth effects and/or an easing of liquidity constraints. House prices also influence the profitability of house building …

relationship between consumption and income, and more specifically on the wealth effect. A range of different procedures is used to … assess the impact of financial deregulation on global wealth and on its different components (financial, housing and others …

, actual data on household net wealth, rather than proxies or derived series were used. This allowed the wealth variable to …-financial wealth was found to have short-run influence on consumption but not in the long-run. …

In this paper, we analyze the wealth accumulation and saving behavior of the retired elderly in Italy using micro data … from the "Survey of Italian Households' Income and Wealth," a panel survey of households conducted every two years by the … Bank of Italy. We find that, on average, the retired elderly in Italy are decumulating their wealth (dissaving) but that …

In this paper, we analyze the wealth accumulation and saving behavior of the retired elderly in Italy using micro data … from the "Survey of Italian Households' Income and Wealth," a panel survey of households conducted every two years by the … Bank of Italy. We find that, on average, the retired elderly in Italy are decumulating their wealth (dissaving) but that …