Who is wealthy? This paper presents empirical estimates of household movements into and out of the top percents of the …

This research sought to further understanding of factors related to low-income household saving behavior. Saving … behavior, defined as whether a household spent less than income, was analyzed by applying institutional theory, which proposes … institutions used, credit access, and having an employer sponsored retirement plan, had significant effects even after controlling …

to the winner, (2) residing in single-household dwellings, (3) with a longer tenure, and (4) with a household structure …

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 … accounting identity to construct a population panel data with information on household expenditure. To derive such measures of …

Who is wealthy? This paper presents empirical estimates of household movements into and out of the top percents of the …

using insights from the way a single representative household would behave. Heterogeneity at the micro level can jeopardize …-level heterogeneity is household size, as individuals living in multi-member households have the potential to share goods within the … household, benefiting from household-size economies. Theoretically, we show that validating the role of a representative …