DISCUSSION PAPERS IN ECONOMICS WEALTH PORTFOLIOS IN THE UK AND THE US by
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چکیده
RAND Acknowledgements Banks acknowledges the financial support of the Leverhulme Trust through the research program 'The Changing Distribution of consumption, economic resources and the welfare of households'. Blundell would like to thank the ESRC Centre for the Microeconomic Analysis of Fiscal Policy. Smith's research was supported by a grant from the National Institute on Aging. This paper benefited from the expert programming assistance of David Rumpel and Patty St. Clair. Many thanks are due to Francois Ortalo-Magne and John Shoven for useful discussions and comments. We are also grateful to participants at the
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