Fisher, Johnson and Smeeding - Exploring the Divergence of Consumption and In...econofish
Jonathan Fisher's presentation at the 2014 American Economic Association Annual Conference. The presentation explores why income inequality diverged from consumption inequality during the Great Recession, finding that those with the biggest decrease in consumption were the highest income individuals, while those at the bottom of the income distribution had falls in consumption that were smaller and closer to the drop in income.
Our results suggest three main factors associated with the observed patterns. First, property values dropped by a larger percentage for high income households, a negative housing wealth effect led these households to cut back consumption. Second, consumer confidence fell by a larger percentage for higher income households. Finally, the transfer and tax policies boosted the income of the lower income quintiles, preserving their consumption so that it did not fall by as much as it would have otherwise.
A single family office is a holistic full balance sheet wealth management and financial solution for ultra-wealthy individuals or families. It is an organization dedicated to preserving, and investing the capital of its family.
Single family offices have been around in different forms for over 500 years but it was just in the 1930's-1960's that the modern day version started to take form...and even know many people do not understand what a single family office does or how they operate or invest their capital.
The single family office industry is growing quickly and if you would like to learn more about creating a single family office, family office executive search, family office co-investments, family office jobs, family office training, our family office association or single family office investments you will enjoy this PowerPoint overview of the industry. If you would like to see how to work with our team please visit http://SingleFamilyOffices.com or http://BillionaireFamilyOffice.com
Thank you for following our work.
Richard C. Wilson
CEO/Founder
Family Offices Group
Billionaire Family Office
Single Family Office Syndicate
The Political Cartoon is Rich in RevolutionIrvin Goldman
Political cartoons have had a tremendous impact on the way history has unfolded, particularly before the majority of the population was able to read. One simple image defining complex social issues are the crux of what makes political cartoons so effective for both the layman and the erudite.
Paul Gauguin | Post-Impressionist, Pre-ModernistIrvin Goldman
Irvin Goldman shares some art history on Paul Gauguin. In addition to fintech and economic advances, Goldman enjoys the beauty of art and its past. Learn more at the link above!
Mary Cassatt | Painter, Printmaker, FeministIrvin Goldman
Irvin Goldman is a finance executive who also has a strong interest in the arts. He is both an artist himself and a devotee of the discipline. In this presentation, more information about historic painter, Mary Cassatt can be found.
Good Office Ergonomics Lead to Happiness & SuccessIrvin Goldman
Irvin Goldman explains how improving your posture leads to more happiness and success in the workplace! Making this small adjustments will help you feel more confident and ready for leadership roles in your office.
Fisher, Johnson and Smeeding - Exploring the Divergence of Consumption and In...econofish
Jonathan Fisher's presentation at the 2014 American Economic Association Annual Conference. The presentation explores why income inequality diverged from consumption inequality during the Great Recession, finding that those with the biggest decrease in consumption were the highest income individuals, while those at the bottom of the income distribution had falls in consumption that were smaller and closer to the drop in income.
Our results suggest three main factors associated with the observed patterns. First, property values dropped by a larger percentage for high income households, a negative housing wealth effect led these households to cut back consumption. Second, consumer confidence fell by a larger percentage for higher income households. Finally, the transfer and tax policies boosted the income of the lower income quintiles, preserving their consumption so that it did not fall by as much as it would have otherwise.
A single family office is a holistic full balance sheet wealth management and financial solution for ultra-wealthy individuals or families. It is an organization dedicated to preserving, and investing the capital of its family.
Single family offices have been around in different forms for over 500 years but it was just in the 1930's-1960's that the modern day version started to take form...and even know many people do not understand what a single family office does or how they operate or invest their capital.
The single family office industry is growing quickly and if you would like to learn more about creating a single family office, family office executive search, family office co-investments, family office jobs, family office training, our family office association or single family office investments you will enjoy this PowerPoint overview of the industry. If you would like to see how to work with our team please visit http://SingleFamilyOffices.com or http://BillionaireFamilyOffice.com
Thank you for following our work.
Richard C. Wilson
CEO/Founder
Family Offices Group
Billionaire Family Office
Single Family Office Syndicate
The Political Cartoon is Rich in RevolutionIrvin Goldman
Political cartoons have had a tremendous impact on the way history has unfolded, particularly before the majority of the population was able to read. One simple image defining complex social issues are the crux of what makes political cartoons so effective for both the layman and the erudite.
Paul Gauguin | Post-Impressionist, Pre-ModernistIrvin Goldman
Irvin Goldman shares some art history on Paul Gauguin. In addition to fintech and economic advances, Goldman enjoys the beauty of art and its past. Learn more at the link above!
Mary Cassatt | Painter, Printmaker, FeministIrvin Goldman
Irvin Goldman is a finance executive who also has a strong interest in the arts. He is both an artist himself and a devotee of the discipline. In this presentation, more information about historic painter, Mary Cassatt can be found.
Good Office Ergonomics Lead to Happiness & SuccessIrvin Goldman
Irvin Goldman explains how improving your posture leads to more happiness and success in the workplace! Making this small adjustments will help you feel more confident and ready for leadership roles in your office.
Irvin Goldman: Unhappy Employees Cost America Over 500 Billion Each YearIrvin Goldman
Irvin Goldman discusses unhappiness in the workplace and how it affects America in terms of cost. When employees are disengaged this affects productivity and businesses lose money. If companies also hire the wrong new employees to fit their culture, they will also suffer from a financial perspective. Improving company culture has become an important component of every company as Irvin Goldman highlights in this presentation.
Why Yoga & Meditation Are Sweeping Boardrooms Across the WorldIrvin Goldman
How are company's promoting health and happiness in their offices and boardrooms? Irvin Goldman explains how employees are solving the issue of happiness in companies by encouraging their employees to practice yoga and meditation.
Irvin Goldman: Is 2015 the Year Equity Crowdfunding Actually Disrupts the Sta...Irvin Goldman
Irvin Goldman discusses whether or not the year of 2015 will be the year that equity crowd funding disrupts the status quo in the finance industry. Years from now, analysts might regard 2015 as the point where the traditional investing landscape is disturbed.
Irvin Goldman: Unhappy Employees Cost America Over 500 Billion Each YearIrvin Goldman
Irvin Goldman discusses unhappiness in the workplace and how it affects America in terms of cost. When employees are disengaged this affects productivity and businesses lose money. If companies also hire the wrong new employees to fit their culture, they will also suffer from a financial perspective. Improving company culture has become an important component of every company as Irvin Goldman highlights in this presentation.
Why Yoga & Meditation Are Sweeping Boardrooms Across the WorldIrvin Goldman
How are company's promoting health and happiness in their offices and boardrooms? Irvin Goldman explains how employees are solving the issue of happiness in companies by encouraging their employees to practice yoga and meditation.
Irvin Goldman: Is 2015 the Year Equity Crowdfunding Actually Disrupts the Sta...Irvin Goldman
Irvin Goldman discusses whether or not the year of 2015 will be the year that equity crowd funding disrupts the status quo in the finance industry. Years from now, analysts might regard 2015 as the point where the traditional investing landscape is disturbed.