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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 …
Persistent link: https://www.econbiz.de/10011967426
Private wealth is a crucial factor for the economic well-being of households. Key determinants of private wealth … include intergenerational wealth transfers (gifts and inheritances), which are gaining importance since 1990, as research … suggests. We conduct a detailed investigation of the distribution of wealth transfers in eight Euro-area countries. First, we …
Persistent link: https://www.econbiz.de/10011440820
Private wealth is a crucial factor for the economic well‐being of households. Key determinants of private wealth … include intergenerational wealth transfers (gifts and inheritances), which are gaining importance since 1990, as research … suggests. We conduct a detailed investigation of the distribution of wealth transfers in eight Euro‐area countries. First, we …
Persistent link: https://www.econbiz.de/10011441460
dining together with family, is associated with better financial preparedness and greater wealth accumulation across time … their family, increased wealth at a faster rate than others between 1994 and 2004. Moreover, those who exhibited self …. Consistent with other studies, results indicate that wealth accumulation increased with age, income, and educational attainment. …
Persistent link: https://www.econbiz.de/10011451755
wealth is difficult to establish due to many potential sources of endogeneity. Utilizing the Household Finance and … wealth position of the household only through homeownership. For the sample of inheritors we find that the local average … reductions in the net holdings of financial and other real wealth of the treated households. …
Persistent link: https://www.econbiz.de/10011429581
remain. This is particularly true for the distribution of net wealth which is of special importance for the well-being of … individuals. Wealth provides utility in a number of ways, for instance, by acting as a buffer against negative income shocks …. Using the wealth component of the German Socio-Economic Panel (GSOEP), we find that, on average, members of western …
Persistent link: https://www.econbiz.de/10011348393
The Panel on Household Finances (PHF) is a new panel survey on household finances and wealth in Germany conducted by …. -- Survey data ; household panel ; family economics ; household finance ; wealth distribution ; portfolio choice …
Persistent link: https://www.econbiz.de/10009563509
We study taxable wealth in unique Swedish administrative data, annually following a large sample of households over a … period of almost 40 years. The main data limitation is non-observability of wealth for those below the tax exemption level …. This implies that much of the focus of the paper is on the rich, since we are confined to those whose wealth becomes …
Persistent link: https://www.econbiz.de/10008902395
This paper presents a comparative analysis of the approaches to poverty based on income and wealth that have been … proposed in the literature. Two types of approaches are considered: those that look at income and wealth separately when … argue that the higher correlation between income and wealth in the United States contributes to explaining the greater …
Persistent link: https://www.econbiz.de/10008657962
The role of inherited wealth in modern economies has increasingly become under scrutiny. This study presents one of the … share of total wealth in a given economy. Thus, aging is not likely to explain a recent surge in this share in some advanced …
Persistent link: https://www.econbiz.de/10011499894