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recession, resulting in a substantial rise in unemployment, and income and wealth inequality. This paper uses longitudinal data … from the Survey of Household Finances over the period 2002 to 2014 to examine the distributions of income and wealth in … both income and wealth following the sharp decline in house prices that occurred since 2008, with house price fluctuations …
Persistent link: https://www.econbiz.de/10012111075
of wealth inequality, which can be performed by carefully adapting the techniques used in the case of income … distributions. The paper focuses on the measurement of inequality itself and includes an application to European data on wealth. We … wealth inequality measures, gaining an understanding of the contributions of inequality by wealth component and socio …
Persistent link: https://www.econbiz.de/10012137161
residential mobility? iv) Is there a link between homeownership and wealth inequality? Between inequality in housing wealth and in …This paper produces new evidence and stylised facts on housing, wealth accumulation and wealth distribution, relying on … an in-depth analysis of micro-based data on household wealth across OECD countries. The analysis addresses several …
Persistent link: https://www.econbiz.de/10012202943
This paper describes a novel methodology of measuring risky and conservative mortgage credit using household survey data for 18 European Union countries and the United Kingdom. In addition, we construct time series for both types of credit and embed them into a global vector autoregressive...
Persistent link: https://www.econbiz.de/10012603291
We analyse micro data on Irish mortgages and distressed households' balance sheets in the last decade to assess the debt resolution process in the Irish mortgage market in the lead up to the COVID-19 shock. We highlight the widespread engagement of Irish borrowers with debt resolution mechanisms...
Persistent link: https://www.econbiz.de/10012550326
Having access to credit is essential for households to address the volatility of their personal finances over time and for firms to fund their investments. Accessing financial services at affordable cost on the other hand, is crucial to ensure financial security of all economic units. Despite...
Persistent link: https://www.econbiz.de/10012304425
/Financial Accounts) and micro data (i.e. the Household Finance and Consumption Survey) on wealth. Furthermore, the Expert Group also … results. The methodology delivers estimates of the distribution of household wealth that are closely aligned with Financial …
Persistent link: https://www.econbiz.de/10012251003
Labour markets across the OECD have polarised in recent decades, as the share of middle skill occupations has declined relative to that of both high- and low skill occupations. This paper shows that, contrary to what is often assumed in the public debate, job polarisation has not resulted in a...
Persistent link: https://www.econbiz.de/10012103003
inequality, among the highest in the OECD. Ireland’s comprehensive welfare system provides a broad range of social benefits …
Persistent link: https://www.econbiz.de/10011577725
-satisfaction. This paper reviews the social progress that Costa Rica has achieved and identifies reducing inequality and poverty as the …
Persistent link: https://www.econbiz.de/10011577747