process using two data sets: the Panel Study of Income Dynamics and a large, synthetic, data set that matches the dynamics of … the data and better fits the savings of the households at the bottom 60% of the wealth distribution …

. Finally, substantial crosscountry heterogeneity in marginal propensities to consume out of income and wealth components calls … decomposing disposable income into labour, property and transfer income is essential for understanding and forecasting consumption …

consequences of income inequality. Economists are prone to similar, although more reasoned and empirically based, debates. This … book is a curated collection of essays that explore a wide range of viewpoints about income inequality in the United States …. Neither income nor income inequality is easily measured and, consequently, economists have different views about what is the …

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 …