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 …

This paper applies multidimensional affluence measures to a new dataset on income and wealth in 15 Eurozone countries …. We start our analysis by examining the income and wealth distributions separately for each country, and extend it to a … multidimensional setting by considering the joint distribution of income and wealth. The results indicate that the percentage of …

the individual level. It is only since recently that data about wealth (what people possess) is available and the links … between wealth and SWB are studied since about a decade. These results show an unambiguous positive link between wealth and … SWB. In most cases, wealth is more important than income from the perspective of SWB. Theoretical and empirical reasons …