losses have disproportionately negative impact on local communities. Economists generally argue that free and unimpeded …

We study the link between culturally inherited household structure and wealth distribution in international comparisons … distribution. Imposing the Spanish household structure to the US wealth distribution has little effect on summary measures of … between these wealth distribution differences and wealth composition. Finally, we present results for the within …

, we analyze the constrained-efficient allocation of an Aiyagari economy with a fat-tailed wealth distribution. We find … that the constrained-efficient allocation features more wealth inequality than the competitive equilibrium …

This paper investigates the effects of wealth on consumer spending in the United States. A traditional life-cycle model … is estimated first. Although it does find a statistically significant wealth effect, its findings are unusable due to the … offered. First, wealth is divided into stock market and non-stock market components, second into liquid and illiquid …

Value-based management systems focus on wealth and the wealth creation process and promote the generation of value for … desired course of action to improve the wealth generating ability of the firm by managing these value drivers more effectively. …

households’ income, savings, borrowing and financial wealth evolved in 2018. The improvement in the labour market and the more …

important characteristic of this survey is that it oversamples high-wealth households. Another important characteristic of the … the changes in income, asset holdings, and wealth of Spanish households between the end of 2002 and 2005 …

of the current recovery. To this end, it first introduces the various dimensions of wage, income, consumption and wealth … of a decrease in expenditure on consumer durables by low-income households. Wealth inequality exceeds income inequality … and increased during the downturn as a result of financial assets outperforming real assets. Nevertheless, Spain’s wealth …