formulae describing the equilibrium fraction of wealth held by life-cycle savers. Using these formulae, we ascertain the … their share in national wealth are reduced. If the government invests the proceeds, the share of capital owned by life cycle … savers and capitalists, in a model in which all individuals have identical non-linear savings functions. When wealth is low …

This paper investigates the determination of the equilibrium distribution of income and wealth among individuals within … and policy variables. Among the key results are: (i) The magnitude of wealth inequality does not, in general depend on the … public investment, wealth inequality may be reduced the well-being of workers may be increased …

entailing movements in factor returns and shares and the wealth-income ratio. Standard data on savings cannot be reconciled with … the increase in the wealth-income ratio: there is a wealth residual. An important component of this is associated with … “wealth” are distinct, we show that appropriately defined aggregates for wealth may be (and in the case of some countries …

paper is to suggest how these earnings functions can be used more directly to derive predicted earnings and human wealth … statistical distribution theory as a link between the earnings function and the earnings distribution …

earnings, the traditional measure, and in human wealth, the measure suggested by recent literature. A second objective is to … wealth inequality as well as the overall contribution of these variables combined. A unique feature of this study is the … estimation of earnings and human wealth and their distribution for a group of men for which several age-earnings data points are …

Using panel data for a sample of households in Utah from 1850 to 1900 we find income and wealth age profiles that are … a relationship between age-income and age-wealth profiles that is consistent with a life-cycle model of consumption … given a concave and peaked age-income profile: households accumulate and then begin to draw down wealth holdings, the age-wealth …

The purpose of this paper is to outline a set of conditions under which human wealth is an index of well-being in a … life cycle as prefatory to empirical estimates earnings and human wealth distributions for the1960 Census population …

There has been a large rise in savings by Americans in the top 1% of the income or wealth distribution over the past 40 …

, but is not causally related to older individuals' wealth holdings. People with higher Alzheimer's Disease polygenic risk … score (PGS) hold roughly 9 percent more wealth in CDs (hands-off assets) and around 11 percent, 15 percent, and 7 percent … less wealth in stocks, IRAs, and other financial assets (hands-on assets) respectively. We explore three hypotheses that …