Showing 1 - 10 of 1,264
This volume, from the 1956 Conference, deals with the nature, reliability, and the uses of the income data included in the 1950 census. It contrasts this data with income information from other sources—field surveys, and administrative records of government regulatory, fiscal, and social...
Persistent link: https://www.econbiz.de/10014482209
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 …
Persistent link: https://www.econbiz.de/10015094857
We study the history and geography of wealth accumulation in the US, using newly collected historical property tax …, and financial), making it one of the first "wealth taxes." Drawing on many historical records, we construct long …-run, consistent, high-frequency wealth series at the county, state, and national levels. We first document the long-term evolution of …
Persistent link: https://www.econbiz.de/10014247998
Recent estimates of US top wealth shares obtained by capitalizing income tax returns (Saez and Zucman, 2020; Smith … Exchange Commission data at the shareholder firm level show that billionaires' equity wealth is underestimated by a factor of 2 … undervalued by a factor of 1.2 and top-owned partnerships by up to 2.2. After incorporating these results, the top 0.01% wealth …
Persistent link: https://www.econbiz.de/10013362050
This paper explores the relationships between air pollution, income, wealth, and race by combining administrative data … of changes in income and wealth on pollution exposure over a five year horizon, finding that these income …
Persistent link: https://www.econbiz.de/10015094892
We evaluate the role of taxes on trade in the development of imperial Britain's fiscal-military state. Influential work, e.g., Brewer's (1989) "Sinews of Power," attributed increased fiscal capacity to the taxation of domestic, rather than traded, goods: excise revenues, coarsely associated with...
Persistent link: https://www.econbiz.de/10013477246
What drives change in a society's values? From Marx to modernization theory, scholars have identified a connection between structural transformation and social change. To understand how changes in a society's dominant mode of production affect its dominant values, we examine the case of the...
Persistent link: https://www.econbiz.de/10014372465
We study cointegrating relationships among fiscal variables and output and use them to introduce a new measure of the government's fiscal position. In the US since World War II, we find that the primary surplus-GDP ratio and the government debt-GDP ratio are nonstationary, which invalidates...
Persistent link: https://www.econbiz.de/10014287325
How did Britain sustain faster rates of economic growth than comparable European countries, such as France, during the Industrial Revolution? We argue that Britain possessed an important but underappreciated innovation advantage: British inventors worked in technologies that were more central...
Persistent link: https://www.econbiz.de/10015056202
In this article, we examine the association between family wealth and academic achievement and socioemotional behaviors … of children ages 5 to 12. We examine whether wealth prior to birth and at ages 4 or 5 affects academic test scores and … children. We also examine associations between different forms of wealth (e.g., home equity) and child achievement and …
Persistent link: https://www.econbiz.de/10014576657