This study examines from a cross-national perspective the importance of inheritance as a source of private wealth … inheriting households own considerably more wealth than non-inheriting households, all other things equal. The wealth gap between … households who received lifetime gifts or bequests and those who did not varies hugely along the distribution of net wealth. At …

high working income of the self-employed (200% of mean as the wealth line) in Germany. We distinguish between individual … of the self-employed. -- wealth and income distribution ; high working income ; self-employed ; social background …

Background: As per currently accepted methodology of national economic accounting, China's household consumption rate … is considered relatively low. This paper discusses the evolvement of China’s consumption over time. Methods: Employing … two different measures of consumption, I compare the growth rate of China's household consumption with the growth rates of …

show that nomenclatures in some regions successfully converted their political power into personal wealth by acquiring … inequality among private entrepreneurs, with former nomenclatures at the top of the social hierarchy in post-reform China …

Preferences over wealth can explain why households do not spend more when real interest rates fall, because they save … more than optimal under a standard model. However, little is known about preferences over wealth empirically. We run an … wealth, consistent with wealth entering the utility function directly. …