IDEAS home Printed from https://ideas.repec.org/a/bla/revinw/v72y2026i2ne70062.html

The Wealth of Wealthholders

Author

Listed:
  • John Ameriks
  • Andrew Caplin
  • Minjoon Lee
  • Matthew D. Shapiro
  • Christopher Tonetti

Abstract

Wealth, though crucial for modeling economic behavior and understanding well‐being, is difficult to measure in surveys. This paper introduces a new, comprehensive account‐by‐account approach for eliciting asset holding. This approach is implemented in the Vanguard Research Initiative, a panel of wealthholders designed to yield high‐quality measurements for a large sample of older Americans with significant financial assets. Because survey responses are linked to administrative account balances, this paper can show that the approach yields precise, unbiased estimates. Having accurate and dense data on the wealth of wealthholders provides sharper inferences on wealth management behavior as well as on relationships between wealth and economic behavior than is possible in leading datasets.

Suggested Citation

  • John Ameriks & Andrew Caplin & Minjoon Lee & Matthew D. Shapiro & Christopher Tonetti, 2026. "The Wealth of Wealthholders," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 72(2), May.
    • Handle: RePEc:bla:revinw:v:72:y:2026:i:2:n:e70062
    DOI: 10.1111/roiw.70062
    as

    Download full text from publisher

    File URL: https://doi.org/10.1111/roiw.70062
    Download Restriction: no
    File URL: https://libkey.io/10.1111/roiw.70062?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:revinw:v:72:y:2026:i:2:n:e70062. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: https://edirc.repec.org/data/iariwea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.