This paper presents a detailed analysis of the composition of household portfolios, using both aggregate and micro-data. Among the key findings are that: Most household wealth is held in the form of housing and pensions. Over time, there has been a shift away from housing towards financial...

In this paper we describe the household wealth distribution in the US and UK, and compare both wealth inequality and the form in which wealth is held. Unconditionally, there are large differences in financial wealth between the two countries at the top fifth of the wealth distribution. And even...

The gradual shift in responsibility for welfare provision, from the government to individuals, is making household saving and wealth holding a key policy concern. Yet remarkably little is known about how much households save or the forms in which they save.Unlike income or expenditure, there is...