generates wealth heterogeneity that matches the empirical data, the improved model can provide a sensible analysis of economic … questions like "What might the consumption response be to economic stimulus payments?" -- Microfoundations ; Wealth Inequality …

received a wealth transfer and these accounted for 23 percent of their net worth. Over the lifetime, about 30 percent of … households could expect to receive a wealth transfer and these would account for close to 40 percent of their net worth near time … reporting a wealth transfer fell by 2.5 percentage points. The average value of inheritances received among all households did …

of wealth distribution very similar in shape to what had been seen in the earlier cross sections. Between the two years …, however, there was considerable variation in the relative positions of households within the wealth distribution. This paper … presents data on the changed situation of households and it decomposes the observed wealth changes in terms of underlying …

In this paper we examine how the distribution of wealth has been changing in UK over the period 1995 to 2005 and how … the sum of inheritance received between 1996-2004 contributed to the observed trends in wealth accumulation and wealth … growth in net worth and of a substantial decrease in wealth inequality recorded in the survey. The main driver behind both …

equalized. This article contributes to the discussion by studying the determinants of retirement wealth across a range of … ethnicities, including White, Pasifika and Asian. Differences in retirement wealth between ethnic groups is relatively unexplored … economic factors are the main determinants of retirement wealth. Gender and ethnicity are found to be a strong predictor of …

The paper describes first the evolution in total household wealth in Italy over the period 1965-2010 before addressing … the analysis of wealth inequality. On the basis of reconstructed data, we show that household wealth inequality declined … afterwards. By international standards, Italy does not have a high level of wealth inequality (contrary to the evidence available …

It is clear that how well off people are, is not only a matter of income, but also a matter of wealth, in both absolute … and relative terms. Using an almost non-observed data approach, Davies et al. (2006) estimated the household wealth and … its distribution for a basket of countries for the year 2000. For this year, the reported wealth Gini for Mexico was 0 …

This paper studies the racial wealth gap using data from the Federal Reserve's Survey of Consumer Finances from 1989 to … 2013. We document that the mean and median wealth (net worth) of white families has consistently been much greater than … regressions and non-parametric decomposition techniques to assess the contribution to the racial wealth gap of life-cycle patterns …

, income and welfare state policies in explaining differences in household net wealth within and between euro area countries … these households have considerably higher net wealth than those which did not inherit. Second, regression analyses on … households' relative wealth position show that, on average, having received an inheritance lifts a household by about 14 net …

This paper describes trends in parental wealth homogamy among union cohorts formed between 1987 and 2013 in Denmark …. Using high-quality register data on the wealth of parents during the year of partnering, we show that the correlation … between partners' levels of parental wealth is considerably lower compared to estimates from earlier research on other …