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mobility is highest for consumption, followed by income and wealth. Income exhibits the highest intergenerational correlation …We use fifty years of the Panel Study of Income Dynamics to study the intergenerational correlation in income …, consumption, and wealth to answer the question: is intergenerational mobility similar across the three resource measures? Absolute …
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on income and wealth to other administrative data with information on financial and real estate transactions. Using this … 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 …
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provided, allowing for measurement error that is correlated with income and wealth. Identification is derived from observing … increases in wealth inequality have passed through to consumption. Repeating this exercise in the Panel Study of Income Dynamics …A method to impute consumption expenditure inequality between wealth groups in the Survey of Consumer Finances is …
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