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with respect to wealth holdings and financial decisions. Immigrant household heads hold less net wealth than native, but … only above the median of the wealth distribution, with housing as the main driver. Immigrant status reduces the likelihood … worsened the condition of immigrants in terms of wealth holdings, home ownership, and financial fragility. …
Persistent link: https://www.econbiz.de/10012154394
household level data for 2007 and 2009 in the United States - the Survey of Consumer Finances. We find that asset diversity … wealth distribution. Life changing situations such as getting divorced or losing one’s job have a statistically significant …
Persistent link: https://www.econbiz.de/10012149413
lack of reliable panel data on household expenditures. One possibility is to use surveys that follow the same households … alternative approach is to use the accounting identity that total household spending is equal to income plus capital gains minus … the change in wealth over the period. The goal of this paper is to examine the advantages and difficulties of using this …
Persistent link: https://www.econbiz.de/10012172449
from the Survey of Household Finances over the period 2002 to 2014 to examine the distributions of income and wealth in … group incomes rising. In addition, higher levels of mobility within the middle of the household wealth distribution are … recession, resulting in a substantial rise in unemployment, and income and wealth inequality. This paper uses longitudinal data …
Persistent link: https://www.econbiz.de/10012111075
Persistent link: https://www.econbiz.de/10011707036
Persistent link: https://www.econbiz.de/10011844537
with respect to wealth holdings and financial decisions. Immigrant household heads hold less net wealth than native, but … only above the median of the wealth distribution, with housing as the main driver. Immigrant status reduces the likelihood … worsened the condition of immigrants in terms of wealth holdings, home ownership, and financial fragility. …
Persistent link: https://www.econbiz.de/10011950811
Persistent link: https://www.econbiz.de/10011926526
Persistent link: https://www.econbiz.de/10011326655
effect of wealth shocks on household consumption and individual expectations of the future. Many household experienced a … significant wealth shocks, but these shocks led to modest spending effects and small revisions to expectations regarding future … bequests. Expectations of bequests seem particularly tied to housing wealth. …
Persistent link: https://www.econbiz.de/10009526546