institutional differences for wealth accumulation and portfolio composition. Examples of implications are that the ratio of net … worth and gross wealth should be highest in Italy, that Dutch households should hold the lowest wealth levels at retirement …

Why do similar households end up with very different levels of wealth? We show that differences in the attitudes and … spend more time developing financial plans, and that this shift in planning effort is associated with increased wealth. The … why it is associated with wealth accumulation. Part of the answer lies in the very strong relationship we uncover between …

and wealth inequality, and studies how they have developed. The analysis shows less wage dispersion in Spain than in other … of a decrease in expenditure on consumer durables by low-income households. Wealth inequality exceeds income inequality … and increased during the downturn as a result of financial assets outperforming real assets. Nevertheless, Spain’s wealth …

Empirical analysis of U.S. income, saving and wealth dynamics is constrained by a lack of high-quality and … Survey of Consumer Finances (SCF), which captures the top of the wealth distribution by sampling from administrative records …, capital gains, and interfamily transfers in wealth change over the lifecycle and across permanent income groups …