Financial Wealth Shocks and Health

2021 ◽  
Author(s):  
Declan French
Keyword(s):  
Financial Wealth

The Under-Reporting of Financial Wealth in the Survey on Household Income and Wealth

2006 ◽  
Author(s):  
Leandro D'Aurizio ◽  
Ivan Faiella ◽  
Stefano Iezzi ◽  
Andrea Neri
Keyword(s):  
Household Income ◽  
Financial Wealth

The Impact of Housing and Financial Wealth on Household Consumption: Evidence from Hong Kong

2007 ◽  
Vol 15 (3) ◽  
pp. 429-440
Author(s):  
Raymond Tse ◽  
K Man ◽  
L Choy
Keyword(s):  
Hong Kong ◽  
Household Consumption ◽  
Financial Wealth ◽  
The Impact

Wealth and preferences for redistribution: The effects of financial assets and home equity in 31 countries

2021 ◽  
pp. 002071522098808
Author(s):  
Liza G Steele
Keyword(s):  
Household Wealth ◽  
Welfare States ◽  
Social Effects ◽  
Financial Assets ◽  
Unemployment Benefits ◽  
Home Equity ◽  
Income Equality ◽  
Financial Wealth ◽  
Preferences For Redistribution ◽  
The Social

How does wealth affect preferences for redistribution? In general, social scientists have largely neglected to study the social effects of wealth. This neglect was partially due to a dearth of data on household wealth and social outcomes, and also to greater scholarly interest in how wealth has been accumulated rather than the social effects of wealth. While we would expect household wealth to be an important component of attitudes toward inequality and social welfare policies, research in this area is scarce. In this study, the relationship between wealth and preferences for redistribution is examined in cross-national global and comparative perspective using data on 31 countries from the 2009 wave of the International Social Survey Programme (ISSP), the first wave of that study to include measures of wealth. The findings presented compare the effects of two types of wealth—financial assets and home equity—and demonstrate that there are differences in effects by asset type and by redistributive policy in question. Financial wealth is more closely associated with attitudes about income equality, while home equity is more closely associated with attitudes about unemployment benefits. Moreover, while the upper categories of financial wealth have the largest negative effects on support for income equality, it is the middle categories of home equity that are most strongly associated with opposition to unemployment benefits. Effects also differ by country, but not in patterns that theories of comparative welfare states nor political economy would adequately explain.

Residential versus financial wealth effects on consumption from a shock in interest rates

2015 ◽  
Vol 49 ◽  
pp. 81-90 ◽  
Author(s):  
Manuel León Navarro ◽  
Rafael Flores de Frutos
Keyword(s):  
Interest Rates ◽  
Wealth Effects ◽  
Financial Wealth

scholarly journals Revisiting the Relationship between Financial Wealth, Housing Wealth and Consumption: A Panel Analysis for the US

2018 ◽  
Author(s):  
Dimitra Kontana ◽  
Fotios Siokis
Keyword(s):  
House Prices ◽  
Composite Index ◽  
Housing Wealth ◽  
Seminal Paper ◽  
Financial Wealth ◽  
Distribution Of Wealth ◽  
High Rise ◽  
The Us ◽  
Housing Investments ◽  
The Relationship

Based on the seminal paper of Case, Quigley and Shiller (2013), we investigate the effects of financial and housing wealth on consumption.  Using quarterly data from 1975 to 2016, for all States of U.S. economy, and a different methodology in measuring wealth, we report relatively greater financial effects than housing effects on consumption.  Specifically, in our basic utilized model, the calculated elasticity for financial wealth is 0.060, while for housing is 0.045.  The results are not in agreement with the ones obtained by Case, Quigley and Shiller.  In an attempt to investigate the disparity we proceed by incorporating the introduction of the Tax Reform Act in 1986, which increased incentives for owner-occupied housing investments.  Finally, due to distributional factors at work, and taking into account the pronounced uneven distribution of wealth we investigate the effects of wealth for 8 states that include the Metropolitan areas comprising of the well known Case-Shiller 10-City Composite Index.  Now the housing effect on consumption is much stronger and larger than the financial effect.  Additionally, we forecast the consumption changes at the time of the high rise and large drops in house prices for these states.  Forecasts showed a recession from the fall of Lehman Brothers until the fourth quarter of 2011.  These forecasts were not verified.  Probably, the new techniques used by politics played an important role.  We also find that extreme behaviors cannot be predicted.

scholarly journals Research on the Influencing Factors of Purchasing Internet Financial Wealth Management Products based on AHP

2021 ◽  
Vol 4 (1) ◽  
Author(s):  
Xueying Feng
Keyword(s):  
Quantitative Research ◽  
Influential Factors ◽  
Ease Of Use ◽  
Perceived Usefulness ◽  
Perceived Ease Of Use ◽  
Analytic Hierarchy ◽  
Financial Wealth ◽  
Wealth Management ◽  
Decision Making Model ◽  
Hierarchy Process

Internet financial wealth management product(IFWMP) has recently been one of the most popularity. There is limited quantitative research on IFWMP which can helps customers to choose the products based on the significance of each factor. In the paper, a multi-criteria decision-making model of IFWMP was developed, namely analytic hierarchy process (AHP) which is used to make decisions to the unstructured problems through quantifying weights of each criterion. This paper investigated ten influential factors relevant to the purchase of IFWMP and analyzed the frequency of collected responds to show the significance of factors. Based on the quantified weights, the result of the research indicated that compatibility, product liquidity, perceived ease of use and perceived usefulness affect the investors purchasing behaviors most that every investors should pay great attention to.

Living the Good Life?

Waste ◽  
2018 ◽  
pp. 193-208
Author(s):  
Eiko Maruko Siniawer
Keyword(s):  
Good Life ◽  
Well Being ◽  
Economic Power ◽  
The Good Life ◽  
Self Reflection ◽  
Financial Wealth ◽  
The Past ◽  
Affluent Society

With the ever increasing sense in the 1980s that Japan had arrived as an economic power, attention was newly focused on what beyond financial wealth and material abundance constituted an affluent life, on what constituted “true affluence” or an “affluence of the heart.” Affluence—and waste along with it—came to be conceived in more psychological, spiritual, and emotional terms than in the past, with an attention to a well-being and self-fulfillment which extended beyond the purely financial. What was often being sought was yutori, or leisure, relaxation, space, and unconstricted time. Financial and material prosperity made possible self-reflection about what a good life could and should be in an affluent society.

The Investment Manager

2020 ◽  
pp. 275-295
Author(s):  
Einar Lie
Keyword(s):  
Central Bank ◽  
Financial Stability ◽  
Market Value ◽  
Central Banks ◽  
Rapid Expansion ◽  
Financial Wealth ◽  
Investment Manager ◽  
The Government ◽  
Traditional Roles

This chapter assesses how the management of the nation’s long-term savings in what is now the Government Pension Fund Global brought Norges Bank a brand new responsibility from the mid-1990s, and an unusual one for a central bank. While many central banks have historically played an important part in contributing to government financing and investing government debt in liquid securities, this had never been one of Norges Bank’s main roles. Indeed, one of the key aims of the acts of 1816 and 1891 was to prevent the government from funding itself through the central bank. From the mid-1990s, however, Norges Bank was in a way given the opposite task: a separate mandate to manage the country’s financial wealth on behalf of the government by investing it abroad in long-term bonds, shares, and eventually real estate. Within twenty years, thanks to high oil prices and substantial inflows from the government, the fund’s market value soared from nothing to around NOK 7 trillion. In recent years, the fund’s rapid expansion and financial importance have brought Norges Bank—and Norway—at least as much international attention as the bank’s more traditional roles in monetary policy and financial stability.

Sign in / Sign up

Export Citation Format

Share Document