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Hasan, Iftekhar; Horváth, Roman; Mareš, Jan - 2018

increases wealth inequality, efficiency and access to finance reduce inequality. In addition, redistribution and education are …

Persistent link: https://www.econbiz.de/10011944785

Finance and wealth inequality

Hasan, Iftekhar; Horváth, Roman; Mareš, Jan - 2018

increases wealth inequality, efficiency and access to finance reduce inequality. In addition, redistribution and education are …

Persistent link: https://www.econbiz.de/10011945771

Household portfolios in Türkiye : results from the household finance and consumption survey

Ceritoǧlu, Evren; Cilasun, Seyit Mümin; … - In: Central Bank review / Central Bank of the Republic of Turkey 23 (2023) 4, pp. 1-17

This paper analyzes the distribution of household portfolios in Türkiye using a fresh data set, the Central Bank of the Republic of Türkiye - Household Finance and Consumption Survey. The empirical analysis concentrates on the motives behind household saving preferences and the distribution of...

Persistent link: https://www.econbiz.de/10014479723

Losers amongst the losers : the welfare effects of the Great Recession across cohorts

Ferrari, Alessandro - 2020

This paper studies the effect of deep recessions on intergenerational inequality by quantifying the welfare effects on households at different phases of the life cycle. Deep recessionary episodes are characterized by large declines in the prices of real and financial assets and in employment....

Persistent link: https://www.econbiz.de/10012390444

Migration, Family, and Risk Diversification

Chen, Kong-pin; Chiang, Shin-hwan; Leung, Siu Fai - 2002

This paper proposes a formal model of migration in which workers are heterogeneous and markets are stochastically … correlated. We derive and characterize the optimal migration pattern of the family. It is shown to depend on the differences in … expected incomes, costs of migration, income risks, and more importantly market correlation. We show that migration can take …

Persistent link: https://www.econbiz.de/10014034405

Migration, Family, and Risk Diversification

Chen, Kong-pin; Chiang, Shin-hwan; Leung, Siu Fai - 2001

This paper proposes a formal model of migration in which workers are heterogeneous and markets are stochastically … correlated. We derive and characterize the optimal migration pattern. It is shown to depend on differences in expected earnings …, costs of migration, income risks, and more importantly market correlations. We show that migration can take place even when …

Persistent link: https://www.econbiz.de/10014035466