We study the effect of bequests and their taxation on wealth inequality. We allow for random death and birth in a … continuous-time, dynastic framework. Individuals behave optimally and accumulate wealth over their lifetime. Bequests above a tax … exemption threshold are taxed according to a fixed rate. We derive a stochastic differential equation modeling dynastic wealth …

This paper investigates preferences for limiting top incomes and wealth through a surveybased experiment with a large … participants (around 30%) support limits irrespective of inequality (strong limitarians). Preferences for wealth caps are more … efficiency, are less inclined to attribute top incomes and wealth to merit, are more supportive of government redistribution, and …

light on the impact of intergenerational transfers on household wealth disparities and on possible reasons for the … substantial differences in household wealth disparities among the 4 countries. Almost all of the evidence I present suggests that … intergenerational transfers have a disequalizing impact on household wealth disparities and promote the transmission of household wealth …

-quarter of total household wealth in Europe provides further corroboration for this finding. …

There is growing interest in understanding how gender influences the accumulation of wealth. While prior studies … oversamples the top 1% of wealth holders in Germany, we show that the gender wealth gap is small for individuals up to age 40 …

What are the consequences of the preference for wealth for the accumulation of capital and for the dynamics of wealth … inequality? Assuming that wealth per se is a luxury good, inequality tends to rise whenever the interest rate is larger than the … economic growth rate. This induces the economy to converge towards an equilibrium with extreme wealth inequality, where the …