| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w26527 |
| 来源ID | Working Paper 26527 |
| Income and Wealth Volatility: Evidence from Italy and the U.S. in the Past Two Decades | |
| Conchita D'; Ambrosio; Giorgia Menta; Edward N. Wolff | |
| 发表日期 | 2019-12-09 |
| 出版年 | 2019 |
| 语种 | 英语 |
| 摘要 | Income volatility and wealth volatility are central objects of investigation for the literature on income and wealth inequality and dynamics. Here we analyse the two concepts in a comparative perspective for the same individuals in Italy and the U.S. over the last two decades. Contrary to our expectations, we find that in both countries wealth volatility reaches significantly higher values than income volatility, the effect being mostly driven by changes in the market value of real estate assets. We also show that there is more volatility in both dimensions in the United States and that the overall trend in both countries is increasing over time. We conclude by exploring volatility in consumption. |
| 主题 | Microeconomics ; Market Structure and Distribution |
| URL | https://www.nber.org/papers/w26527 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/584201 |
| 推荐引用方式 GB/T 7714 | Conchita D',Ambrosio,Giorgia Menta,et al. Income and Wealth Volatility: Evidence from Italy and the U.S. in the Past Two Decades. 2019. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w26527.pdf（685KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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