who reside in Western countries, and those who inherited substantial wealth, are wealthier than other billionaires. The …

Über Jahrtausende hinweg entsprach der Lebensstandard fast aller Menschen weltweit mehr oder weniger dem … die Geschichte der Menschheit von Anbeginn bis heute neu erzählt. Warum sind wir Menschen die einzige Spezies auf Erden …

The effect of wealth on consumption is an issue of longstanding interest to economists. Analysts believe that … fluctuations in household wealth have driven major swings in economic activity. This paper considers so-called wealth effects - the … impact of changes in wealth on household consumption and the overall macroeconomy. There is an extensive existing literature …

This paper examines the association between stock market return expectations and financial wealth holdings of older … of positive stock market return were positively associated with greater financial wealth holdings among households. Our … financial wealth holdings of households. African Americans, Hispanics, and other races were negatively associated with the …