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It is a well-known criticism that due to its exponential distribution, survey data on wealth is hardly reliable when it … the number of households possessing a net wealth greater than four million Euros as well as their aggregate wealth … suggest that the alleged non-observation bias is considerable, accounting for about one quarter of total net wealth. The …
Persistent link: https://www.econbiz.de/10010233897
We study beliefs about wealth inequality and preferences for wealth redistribution. For this, we conduct a large …-scale online survey in Germany. First, we analyze how well participants are informed about the German wealth distribution and their … position in it. Second, we investigate how preferences for wealth redistribution are affected by an information experiment. One …
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A fundamental question in social sciences relates to the effect of wealth inequality on economic growth. Yet, in … tackling the question, researchers have had to use income as a proxy for wealth. We derive a global measure of wealth … and poverty. We find that wealth inequality reduces economic growth, but when we control for the fact that some …
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I study the implications of climate change and adaptation on housing and income, and wealth. I embed climate change in … redistributive, as it amplifies both income and wealth inequality. Low-income workers experience a relatively larger decline in … wealth rises. Furthermore, I find that adapting to climate change is more challenging for lowincome households who are …
Persistent link: https://www.econbiz.de/10014233371
Davies et al. (2008, 2011) provided the first estimates of the global distribution of wealth, using 2000 as the … learned about trends in the level and distribution of global wealth for the period 2000-14. Finally, the paper discusses the …
Persistent link: https://www.econbiz.de/10011431792