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Although older generations have substantially more wealth than their recent predecessors did at the same age, younger … circumstances can rationalise slowing generation-on-generation wealth growth. I find no evidence that later-born generations are less … predicted to have higher consumption, despite accumulating no greater wealth, than their predecessors because their earnings are …
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How much wealth has accumulated in the region and how is it distributed across households? Despite being widely … recognized for its extreme income inequality, reliable data on wealth is scarce, partial and oftentimes contradictory, making it … aggregate wealth increased over two decades in four countries, now ranging close to 3.5 the national income for market value …
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) that tracks the same individuals over time to assess how individuals from different income and wealth groups respond to … life and financial shocks with respect to volunteering. Although both income and wealth can act as buffers against life …
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