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three factors, in addition to the common household and demographic factors, are relevant for the net wealth accumulation …Results from the Eurosystem Household Finance and Consumption Survey reveal substantial variation in household net … wealth across euro area countries that await explanation. This paper focuses on three main factors for the wealth …
Persistent link: https://www.econbiz.de/10013054675
This article aims at linking the household wealth and income distributions for 15 European countries using the … Household Finance and Consumption Survey. We study the role played by the household's location in the income distributions in … determining its location in the wealth distribution. A generalized ordered probit model is estimated to explain the role played by …
Persistent link: https://www.econbiz.de/10013053420
in the measurement of household welfare all material components should be covered, i.e. consumption, income and wealth … to household wealth using both survey data and financial accounts. It builds a link between wealth survey and national … consumption, income and wealth can be analysed. Current researches linking macro and micro information for the households have …
Persistent link: https://www.econbiz.de/10013072608
This paper compares the survey results on savings deposits and estimates on total financial assets from the Household … Finance and Consumption Survey (HFCS) in Austria with administrative records from the national accounts for the household …
Persistent link: https://www.econbiz.de/10013054679
holdings and liabilities of all households within a country. In principle, when household wealth surveys are explicitly …The financial accounts of the household sector within the system of national accounts report the aggregate asset …. Thereafter we investigate missing top tail observation from wealth surveys as a source of discrepancy. By fitting a Pareto …
Persistent link: https://www.econbiz.de/10013315397
This paper studies the heterogeneity of the marginal propensity to consume out of wealth using French household surveys …. We find decreasing marginal propensity to consume out of wealth across the wealth distribution for all net wealth … assets, except in the top of the wealth distribution. Consumption is less sensitive to the value of the main residence than …
Persistent link: https://www.econbiz.de/10013019642
This paper analyses the existence of an immigrant/native wealth gap by using household survey data for Luxembourg …, Germany and Italy. The results show that, in all three countries, a sizeable wealth gap exists between natives and immigrants …. Towards the upper tail of the wealth distribution the gap narrows to a small extent. This gap persists even after controlling …
Persistent link: https://www.econbiz.de/10013130146
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/10013130148
wealth transfers tend to be equalizing in terms of the distribution of household wealth. Indeed, the addition of wealth … transfers to other sources of household wealth has had a sizeable effect on reducing the inequality of wealth … received a wealth transfer and these accounted for 23 percent of their net worth. Over the lifetime, about 30 percent of …
Persistent link: https://www.econbiz.de/10013130151
Crossing borders, be it international or regional, often go together with price, wage or indeed wealth discontinuities …. This paper identifies substantial wealth differences between Luxembourg resident households and cross-border commuter … households despite their similar incomes. The average (median) net wealth difference is estimated to be €367,000 (€129,000) and …
Persistent link: https://www.econbiz.de/10013055306