Journal Article
The author examines how these trends are related to changes in the distribution of wages and hours and the returns to education.
Journal Article
In many industrial countries, ownership rates of risky assets have risen substantially over the past decade.
Journal Article
Why Is Wealth Inequality Rising?
Journal Article
The measurement and structure of household wealth
Research Brief
Two especially significant effects on an elderly couple's financial situation and on their spending and planning decisions: the illness of one of the partners and the types of benefits available to the partner who survives the other's death.
Research Brief
Decades of demographic research about older Americans indicate a strong association between level of wealth and status of health.
Report
This paper considers the question of capital outflows from some developing countries that are themselves recipients of public capital inflows in the form of Official Development Assistance.
Journal Article
Racial and ethnic differences in wealth in the Health and Retirement Study
Report
... show not only tremendous racial and ethnic disparities in wealth but also great disparities between the poor and the wealthy that are not fully accounted for by differences in income.
Report
This research examines the recent performance of the Russian banking system in terms of the historical and institutional legacy of the old Soviet regime, and proposes some basic reforms to the current system.
Journal Article
Essay on tax progressivity--how the tax burden is borne across income classes--and how the tax system affects the inequality of income.
Report
Declining revenues in the defense industry may eventually result in bankruptcies. This report considers whether a model could reliably predict defense contractors' bankruptcy.
Report
Describes and analyzes the development, structure, and regulation of consumer credit in Japan, and identifies significant laws, regulations, or ministerial guidance that may restrict consumer credit markets ...
Report
This paper is the product of discussion initiated to explore issues in the move from work to retirement among the members of a task force composed of retired employees of the Los Angeles Department of Water and Power (DWP) and DWP employees eligible ...
Report
This report documents a study of Air Force financial management options and management implications of the use of outlay controls in the U.S. government budget.
Report
This study estimates interest elasticities of rural savings and investment in a major developing country, India, and examines the apparent effects on those factors of policies of financial repression. Critics claim that such policies inhibit rural s...
Report
The purpose of this paper is to develop a theoretical model of individual savings, consumption, and labor supply under uncertainty. This paper differs from existing literature on savings under uncertainty by the explicit treatment of the labor suppl...
Report
Provides estimates of effects of children on asset accumulation, asset composition, consumption, and family income. The net effect of young children is to depress savings for young families, but to increase savings for marriages of duration greater t...
Report
Provides estimates of effects of children on asset accumulation, asset composition, consumption, and family income. The net effect of young children is to depress savings for young families, but to increase savings for marriages of duration greater t...