Wealth distribution within couples

Wealth Distribution within Couples

Wealth Distribution within Couples While most studies on wealth inequality focus on the inequality between households, this paper examines the distribution of wealth within couples. For this purpose, we make use of unique individual level micro data from the German Socio-Economic Panel Study (SOEP). In married and cohabiting couples men’s net worth, on average, is 33,000 euros higher than women...

Distribution of Wealth

Wealth Distribution and Infinite Horizon

This paper presents an explicitly solved model of wealth distribution in an infinite-horizon incomplete-markets economy. The agent aims to hold a target level of wealth in order to partially buffer income shocks. The notion of buffering suggests that the agent’s wealth is less skewed and less fat-tailed than his income in the long run. Infinite-horizon setting implies that the cross-sectional j...

Wealth distribution on complex networks.

We study the wealth distribution of the Bouchaud-Mézard model on complex networks. It is known from numerical simulations that this distribution depends on the topology of the network; however, no one has succeeded in explaining it. Using "adiabatic" and "independent" assumptions along with the central-limit theorem, we derive equations that determine the probability distribution function. The ...

Wealth Distribution and Occupational Choice

The paper tries to relate inequality, occupational choice and long run wealth. Defining the unskilled as poor, skilled group as middle class and entrepreneurs as rich the paper focusesstarting from a huge middle class relative to the rich along with a higher fraction of borrowing entrepreneurs within the rich group, an economy converges with a very low wealth level. In other words, one needs to...