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Using data from the Federal Reserve Board's two most recent Surveys of Consumer Finances, this article provides a detailed picture of changes in the financial condition of U.S. families between 1995 and 1998. The financial situation of families changed notably in the three-year period. While...
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This paper explores the relationship between age distribution and asset returns impled by an overlapping-generations asset pricing model. The model predicts that as more individuals reach the age when the increment to their wealth reaches its maximum, asset returns fall. Cross-sectional evidence...
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Remarks at the Barclays 16th Annual Global Inflation-Linked Conference, New York City.
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Remarks at the National Association for Business Economics Annual Meeting, New York City.
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Remarks at the Barclays 16th Annual Global Inflation-Linked Conference, New York City.
Persistent link: https://www.econbiz.de/10010725025