Showing 1 - 10 of 13
This paper examines trends in the distribution of household wealth in Great Britain from 1995 to 2005 using the British … Household Panel Survey (BHPS). The data show that wealth is very unevenly distributed and reveal a widening absolute gap over … the period between wealthier households and those with no or negative wealth. However, in relative terms, wealth grew …
Persistent link: https://www.econbiz.de/10010607929
In this paper we examine how the distribution of wealth has been changing in UK over the period 1995 to 2005 and how … the sum of inheritance received between 1996-2004 contributed to the observed trends in wealth accumulation and wealth … growth in net worth and of a substantial decrease in wealth inequality recorded in the survey. The main driver behind both …
Persistent link: https://www.econbiz.de/10009201160
In this paper we seek to determine the effect of assets held in early adult life on later outcomes. We specifically look at wages, employment prospects, general health and Malaise. The identification of an asset-effect throws up a number of statistical challenges as asset holding is not random....
Persistent link: https://www.econbiz.de/10009201187
provide estimates for the overall magnitude and the distribution of inherited wealth. Our results indicate that the period … inheritances is characterized by a very high degree of inequality (comparable by and large to that observed in personal wealth) and …
Persistent link: https://www.econbiz.de/10009201192
The analysis in this paper focuses on the impact of health on the savings and consumption decisions of the elderly. In principle, there are at least five alternative channels through which health may affect consumption and savings. Ill health may affect both consumption capacities and needs...
Persistent link: https://www.econbiz.de/10009201265
There has been a large rise in the UK ratio of personal wealth to national income. Personal wealth has grown since the … 1970s about twice as fast in real terms as national income. Has this rise in the wealth-income ratio led to a corresponding … increase in the wealth being passed on from one generation to the next? Are we returning to the levels of inheritance found in …
Persistent link: https://www.econbiz.de/10010709829
In this paper we examine how the distribution of wealth has been changing in UK over the period 1995 to 2005 and how … the sum of inheritance received between 1996-2004 contributed to the observed trends in wealth accumulation and wealth … growth in net worth and of a substantial decrease in wealth inequality recorded in the survey. The main driver behind both …
Persistent link: https://www.econbiz.de/10009150057
provide estimates for the overall magnitude and the distribution of inherited wealth. Our results indicate that the period … inheritances is characterized by a very high degree of inequality (comparable by and large to that observed in personal wealth) and …
Persistent link: https://www.econbiz.de/10009150058
In this paper we seek to determine the effect of assets held in early adult life on later outcomes. We specifically look at wages, employment prospects, general health and Malaise. The identification of an asset-effect throws up a number of statistical challenges as asset holding is not random....
Persistent link: https://www.econbiz.de/10009195562
This paper presents the first UK estimates of the association between parental wealth during adolescence and a range of … children's outcomes in early adulthood. Parental wealth is positively associated with all outcomes examined (which include … association reflects the indirect effect of parental wealth on children's education whereas for homeownership the estimated …
Persistent link: https://www.econbiz.de/10010561811