This chapter is concerned with the distribution of personal wealth, which usually refers to the material assets that … on wealth distribution for a number of countries. This confirms the well known fact that wealth is more unequally … distributed than income, and points to a long term downward trend in wealth inequality over most of the twentieth century. We also …

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 …