wealth. Accounting for the heterogeneity in types of income changes is therefore important to understanding the multiplier …We develop an income shock classification taxonomy that classifies income changes into 9 categories based on the … magnitude, direction and permamency of the income change. Using 01/2017 - 06/2022 bank transaction data of Belgian employees and …

current trends toward rising wealth–income ratios and wealth inequality might continue during the twenty-first century, both … inheritance. Wealth–income ratios, inherited wealth, and wealth inequalities were high in the eighteenth to nineteenth centuries …This chapter offers an overview of the empirical and theoretical research on the long-run evolution of wealth and …