Research Project Abstract: Children and Household Wealth

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Research Project Abstract: Children and Household Wealth
Regents of the University of Michigan

Oct. 30, 2006

Excerpt: [The authors'] study highlights the role that children play in accounting for the well-know fact that wealth is more dispersed than earnings and enhances understanding of the utility-maximizing asset goals for workers. Our work also has implications for designing government programs targeting retirement wealth.

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