increases in household wealth and no relationship between the likelihood of business formation and wealth at high wealth levels … non-linear specification of household wealth and liquid wealth, the authors find the relationship between wealth and … business formation is consistent with this pattern. The paper also finds that wealth matters more for the formation of …

We examine how wealth windfalls affect self-employment decisions using data on cash payments from claims on Texas shale … drilling to people throughout the United States. Individuals who receive large wealth shocks (greater than $50,000) have 51 …-employment spells, and not by individuals who leave regular employment for self-employment. Moreover, the effect of wealth reverts for …

-employed workers have private pensions from previous employment, save in other forms of wealth, or are married to or cohabiting with … the introduction of the new state pension in 2016. This report summarises the patterns of saving and wealth among the self …

The article begins by documenting deep inequality in the form of Black-White wealth disparities: While the overall … wealth distribution in the United States is highly unequal from both historical and international perspectives, racial wealth … with clear title to assets, especially homes belonging to families of modest wealth whose wealth is primarily the value of …