The contributors to this comprehensive book compile and analyse the latest data available on household wealth using, as …-first century. The authors show that in the US, trends are highlighted in terms of wealth holdings, among the low-income population …, along with changes in wealth polarization, racial differences in wealth holdings, and the dynamics of portfolio choices. The …

lack of reliable panel data on household expenditures. One possibility is to use surveys that follow the same households … alternative approach is to use the accounting identity that total household spending is equal to income plus capital gains minus … the change in wealth over the period. The goal of this paper is to examine the advantages and difficulties of using this …

distribution of household income changed during the first year of the COVID-19 pandemic. Second, we use pre-pandemic data on child …