Key points are not available for this paper at this time.
James Banks, Richard Blundell, James P. Smith, Understanding Differences in Household Financial Wealth between the United States and Great Britain, The Journal of Human Resources, Vol. 38, No. 2, Special Issue on Cross-National Comparative Research Using Panel Surveys (Spring, 2003), pp. 241-279
Banks et al. (Wed,) studied this question.