increase individuals' financial literacy and that the relationship between financial literacy and wealth is largely …

This paper investigates the impact of heterogeneous wealth on credit allocation from an egalitarian opportunity and an … efficiency point of view. Under asymmetric information on both wealth and the responsibility variable there is no trade …-off between equality and efficiency, actually wealth inequality delivers both inequality of opportunity and inefficiency. Due to …

his relative wealth, and by how concerned he is about having low relative wealth. Holding constant the individual …'s absolute wealth, we obtain two results. First, if the individual's level of concern about low relative wealth does not change …, the individual becomes more risk averse when he rises in the wealth hierarchy. Second, if the individual's level of …

The Household Finance and Consumption Survey (HFCS) provides information about house-hold wealth (real and financial … framework for our analysis is the "Guidelines for Micro Statistics on Household Wealth" from the OECD (2013). We have two main … via weighting and imputation as well as further points which might restrict cross-country comparability of net wealth. We …

wealth. Accounting for the heterogeneity in types of income changes is therefore important to understanding the multiplier …

economy based on competition, for the fight against corruption, for a fair distribution of wealth, and an economy at the …