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Recent work on wealth inequality based on the capitalization method wherein aggregate wealth totals are distributed in proportion to various forms of income like dividends has motivated a concern about whether rates of return on assets vary across the wealth distribution. In this study, I use a...
Persistent link: https://www.econbiz.de/10013435105
Prior Literature has shown that Blacks have lower rates of home ownership, lower amounts of home equity, and experience lower housing appreciation than whites. This paper examines racial differences in the returns to home ownership using a longitudinal survey of middle-aged homeowners. We find...
Persistent link: https://www.econbiz.de/10013112253
consumption, income and wealth. We account for the various channels through which inflation affects individual households, and for … the monetary and fiscal policy responses to the inflationary shock. Our results indicate that the effects of inflation … differences in individual consumption patterns. On average, the effect of inflation is regressive, with lower income households …
Persistent link: https://www.econbiz.de/10014473006
households using data from the Household Finance and Consumption Survey (HFCS). The capital gains from bond price and equity … price increases turn out to be concentrated among relatively few households, while the median household strongly benefits … from housing price increases. The capital gains from bond price increases (relative to household net wealth) do not …
Persistent link: https://www.econbiz.de/10011316626
This paper estimates the distribution of personal wealth in South Africa by combining tax microdata, household surveys … assets, and wealth held through trusts. Both household surveys and tax data remain insufficient to properly capture capital … of the distribution (3,500 individuals) own 15 per cent of household net worth, more than the bottom 90 per cent as a …
Persistent link: https://www.econbiz.de/10012198851
from the 2010 Household Finance and Consumption Survey (HFCS). We are particularly interested in the way in which specific …
Persistent link: https://www.econbiz.de/10011373659
While most studies on wealth inequality focus on the inequality between households, this paper examines the distribution of wealth within couples. For this purpose, we make use of unique individual level micro data from the German Socio-Economic Panel Study (SOEP). In married and cohabiting...
Persistent link: https://www.econbiz.de/10010195489
While most studies on wealth inequality focus on the inequality between households, this paper examines the distribution of wealth within couples. For this purpose, we make use of unique individual level micro data from the German socio-economic panel study. In married and cohabiting couples...
Persistent link: https://www.econbiz.de/10011538848
The Household Finance and Consumption Survey (HFCS) provides information about household wealth (real and financial …
Persistent link: https://www.econbiz.de/10010438032
While most studies on wealth inequality focus on the inequality between households, this paper examines the distribution of wealth within couples. For this purpose, we make use of unique individual level micro data from the German Socio-Economic Panel Study (SOEP). In married and cohabiting...
Persistent link: https://www.econbiz.de/10013074897