This paper documents the trends in the life-cycle profiles of net worth and housing equity between 1983 and 2004. The net worth of older households significantly increased during the housing boom of recent years. However, net worth grew by more than housing equity, in part because other assets...

We examined households’ dynamic patterns of net worth accumulation between 1999 and 2009 and asked whether these patterns related to the financial health of young adults growing up in those households. Two patterns of net worth emerged—the first remained high and stable and the second...

To assess and explain the United States’ gender wealth gap, we use the Wisconsin Longitudinal Study to examine wealth accumulated by a single cohort over 50 years by gender, by marital status, and limited to the respondents who are their family’s best financial reporters. We find large...

The purpose of this data book is to provide easy access to key economic and financial indicators for the farm sector and information on government assistance to the agriculture and agri-food industry. The information is prepared in consultation with the provincial ministries responsible for...

Farm families have historically had lower money incomes and a less equal distribution of money income than nonfarm families. However, when net worth was included in a measure of economic well-being for farm families, the median level increased and inequality in the distribution decreased. The...

This paper builds models of nonlinear dynamics in the aggregate investment and borrower net worth to study the causes and nature of endogenous credit cycles. The basic model has two types of projects: the Good and the Bad. The Good projects rely on the inputs supplied by others who could...

We empirically analyze the effects of monetary policy shocks on real fixed investment using panel data on Japanese manufacturing firms to examine the existence of a balance sheet channel. We find that contractionary monetary policy statistically significantly increases the firms’ liquidity...

Using data from the Assets and Debts Survey of 1984 and the Survey of Financial Security of 1999, we document the evolution of wealth inequality in Canada between 1984 and 1999. Our main findings are as follows: 1) Wealth inequality has increased between 1984 and 1999; 2) the growth in wealth...

The purpose of this data book is to provide easy access to key economic and financial indicators for the farm sector and information on government assistance to the agriculture and agri-food sector. The information is prepared in consultation with the provincial ministries responsible for...