human wealth. The latter mitigates permanent-income inequality, though its influence is diminished by the growing importance … of assets in lifetime wealth. Average expenditures and CE inequality roughly doubled between 1983 and 2016 and, to weigh … consumption, as well as uncertainty and demographic composition. Rising inequality has offset about 1/4 of the welfare gains from …

on inequality, but this effect has waned over time due to the growing importance of assets in lifetime wealth portfolios … wealth portfolios. We estimate the distribution of human wealth using nonparametric identification results that allow for … processes or utility. Accounting for the value of human capital delivers a different view of inequality: (i) in 2016 the top 10 …

A method to impute consumption expenditure inequality between wealth groups in the Survey of Consumer Finances is … increases in wealth inequality have passed through to consumption. Repeating this exercise in the Panel Study of Income Dynamics … provided, allowing for measurement error that is correlated with income and wealth. Identification is derived from observing …

on inequality, but this effect has waned over time due to the growing importance of assets in lifetime wealth portfolios … wealth portfolios. We estimate the distribution of human wealth using nonparametric identification results that allow for … processes or utility. Accounting for the value of human capital delivers a different view of inequality: (i) in 2016 the top 10 …

A method to impute consumption expenditure inequality between wealth groups in the Survey of Consumer Finances is … increases in wealth inequality have passed through to consumption. Repeating this exercise in the Panel Study of Income Dynamics … provided, allowing for measurement error that is correlated with income and wealth. Identification is derived from observing …

human wealth. The latter mitigates permanent‐income inequality, though its influence is diminished by the growing importance … of assets in lifetime wealth. Average expenditures and CE inequality roughly doubled between 1983 and 2016 and, to weigh … consumption, as well as uncertainty and demographic composition. Rising inequality has offset about 1/4 of the welfare gains from …

consumption flows; Net societal accumulation of stocks of productive resources; Income distribution; and Economic security. Since … value judgment that inequality and insecurity do not matter, the paper demonstrates that a better measure of “command over …

-being (consumption flows, stocks of wealth, income equality, and economic security) from the lens of the Index of Economic Well-being, a …

We document relevant racial differences in the degree consumption insurance against shocks: Blacks appear to be less …