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Working Paper
Simulating the transmission of wealth inequality via bequests
Sefton, James; Weale, Martin; Gokhale, Jagadeesh; Kotlikoff, Laurence J. (1998)
Answering the question of how much wealth inequality arises from inheritance inequality requires data that are unavailable and potentially uncollectable. The alternative approach taken here (from Blinder [1974, 1976] and Davies [1982]) is to simulate the transmission of inequality via bequests.
Working Papers (Old Series) , Paper 9811

Journal Article
Asset building and the wealth gap
Office, Community Affairs (2006)
Building and maintaining financial security is increasingly difficult for a growing portion of American households. Wealth is less prevalent in middle-class households and increasing among the already well-to-do. At the same time, poverty is growing and concentrating disproportionately among the nonwhite population. As the cost of living outpaces income and wealth accumulation, a majority of U.S. households are ill-prepared for financial emergencies or retirement.
Banking and Community Perspectives , Issue 3

Conference Paper
Prospects for immigrant-native wealth assimilation: evidence from financial market participation
Paulson, Anna L.; Osili, Una Okonkwo (2005)
Because financial transactions are important for wealth accumulation, and rely on trust and confidence in institutions, the financial market behavior of immigrants can provide important insights into the assimilation process. Compared to the native-born, immigrants are less likely to own savings and checking accounts and these differences tend to persist over time. Our results suggest that a large share of the immigrant-native gap in financial market participation is driven by group differences in education, income, and geographic location. For a given immigrant, the likelihood of financial ...
Proceedings , Paper 951

Journal Article
Monetary policy transmission through the consumption-wealth channel
Steindel, Charles; Lettau, Martin; Ludvigson, Sydney C. (2002-05)
Paper for a conference sponsored by the Federal Reserve Bank of New York entitled Financial Innovation and Monetary Transmission
Economic Policy Review , Volume 8 , Issue May , Pages 117-133

Journal Article
Social security, saving, and wealth accumulation
Thornton, Daniel L. (2005-05)
National Economic Trends , Issue May

Monograph
Free enterprise; the economics of cooperation
Lee, Dwight R. (2002)
Monograph

Single Mothers Face Difficulties with Slim Financial Cushions
Kent, Ana Hernández (2022-05-09)
During the COVID-19 recession, single mothers faced high unemployment and were more likely to exit the labor force than single fathers and women without children.
On the Economy

Discussion Paper
Measuring wealth with survey data: an evaluation of the 1983 Survey of Consumer Finances
Elliehausen, Gregory E.; Kennickell, Arthur B.; Avery, Robert B. (1987)
Research Papers in Banking and Financial Economics , Paper 99

Working Paper
The rate of time preference and shocks to wealth: evidence from panel data
Dynan, Karen E. (1993)
Working Paper Series / Economic Activity Section , Paper 134

Report
Real effects of inflation through the redistribution of nominal wealth
Schneider, Martin; Doepke, Matthias (2005)
This paper provides a quantitative assessment of the effects of inflation through changes in the value of nominal assets. We document nominal positions in the U.S. across sectors as well as different groups of households, and estimate the redistribution brought about by a moderate inflation episode. Redistribution takes the form of ?ends-against-the-middle:? the middle class gains at the cost of the rich and poor. In addition, inflation favors the young over the old, and hurts foreigners. A calibrated OLG model is used to assess the macroeconomic implications of this redistribution under ...
Staff Report , Paper 355

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