Publication type
Research Paper
Series Number
R71
Series
IFS Report Series
Authors
Publication date
June 1, 2010
Abstract:
This report looks at the level of wealth and the rate of saving of households in the UK on the eve of the global economic crisis. Our approach is to use microdata sources to look at the extent to which wealth holdings and saving rates vary across individuals. We use the British Household Panel Survey (BHPS) to study household wealth, and we use both the BHPS and the Expenditure and Food Survey (EFS) to study household saving.
We emphasise that the vast majority of household wealth is held in an illiquid form.
DOI
http://dx.doi.org/10.1920/re.ifs.2010.0071
Subjects
Link
- http://www.ifs.org.uk/comms/r71.pdf
Notes
report
#513714