on income and wealth to other administrative data with information on financial and real estate transactions. Using this … second is a study of the transmission of income shocks to household consumption. …A major difficulty faced by researchers who want to study the consumption and savings behavior of households is the …

of a decrease in expenditure on consumer durables by low-income households. Wealth inequality exceeds income inequality … early stages of the current recovery. To this end, it first introduces the various dimensions of wage, income, consumption … and wealth inequality, and studies how they have developed. The analysis shows less wage dispersion in Spain than in other …

effect of the coronavirus crisis on household income and retirement wealth, households’ expectations about the recovery, and … pronounced for middle-age households and those higher in the wealth and income distributions. This contrasts with income shocks …, which are stronger for younger households and those in lower income and wealth quintiles. Expectations about household …

recession, resulting in a substantial rise in unemployment, and income and wealth inequality. This paper uses longitudinal data … from the Survey of Household Finances over the period 2002 to 2014 to examine the distributions of income and wealth in … both income and wealth following the sharp decline in house prices that occurred since 2008, with house price fluctuations …

of permanent-income has grown much faster than the corresponding share of assets. Human wealth has a mitigating influence … on inequality, but this effect has waned over time due to the growing importance of assets in lifetime wealth portfolios …. We find that consumption expenditures are tightly linked to permanent-income; however, liquidity constraints can lead to …

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 debt composition. Based on a simulation exercise, we find a limited effect of wealth shocks on consumption inequality …. An increase in stock prices tends however to slightly increase consumption inequality, especially at the top of the …This paper studies the heterogeneity of the marginal propensity to consume out of wealth based on French household …

This paper provides new empirical insights on the joint distribution of consumption, income, and wealth (CIW) in three … first finding is that while income inequality is similar to that of the United States, wealth inequality is barely one … transmission from income to consumption inequality, which suggests the presence of powerful institutions that favor consumption …

analysis are used for verifying the effects of shocks. The results suggest that income, credit and housing wealth are … positively, interest rate and equity market wealth are negatively associated with consumption. Variance decomposition and impulse … through consumption-wealth channel. These evidences may be beneficial for policymakers to understand the role of interest rate …

The effect of wealth on consumption is an issue of longstanding interest to economists. Analysts believe that … impact of changes in wealth on household consumption and the overall macroeconomy. There is an extensive existing literature … fluctuations in household wealth have driven major swings in economic activity. This paper considers so-called wealth effects - the …