This paper explores the income and wealth effects through modeling heterogeneous households while studying the effects … as the Federal Reserve Board's Survey of Consumer Finances (SCF), to apply the EM algorithm to empirically study wealth … of 2008 and the Sars-CoV-2 pandemic, on wealth holders …

This paper studies the effects of quantitative easing on income and wealth of individual euro area households. The … which key variables affecting household income and wealth are included, such as the unemployment rate, wages, interest rates … contrast, monetary policy has only negligible effects on wealth inequality. …

We study the history and geography of wealth accumulation in the US, using newly collected historical property tax …, and financial), making it one of the first "wealth taxes." Drawing on many historical records, we construct long …-run, consistent, high-frequency wealth series at the county, state, and national levels. We first document the long-term evolution of …

different micro- and macro- distributions of wealth, although these distribution rules have implications for popular inequality …