Showing 1 - 10 of 28
growth in net worth and of a substantial decrease in wealth inequality recorded in the survey. The main driver behind both …-inherited wealth. This meant that inherited wealth accounted for part of the observed inequality of net worth in 2005. However, some …In this paper we examine how the distribution of wealth has been changing in UK over the period 1995 to 2005 and how …
Persistent link: https://www.econbiz.de/10009201160
inheritances is characterized by a very high degree of inequality (comparable by and large to that observed in personal wealth) and … provide estimates for the overall magnitude and the distribution of inherited wealth. Our results indicate that the period … that this has increased over time. However, the inequality increasing effect from the greater inequality in the …
Persistent link: https://www.econbiz.de/10009201192
disadvantage in terms of income than their counterparts. What is less well understood is how they fare in terms of their wealth … and household wealth holdings. We find that overall disabled people have substantially lower household wealth and all … components of wealth (property, financial, pension, physical) than non-disabled people but even these average differences mask …
Persistent link: https://www.econbiz.de/10010760491
growth in net worth and of a substantial decrease in wealth inequality recorded in the survey. The main driver behind both …-inherited wealth. This meant that inherited wealth accounted for part of the observed inequality of net worth in 2005. However, some …In this paper we examine how the distribution of wealth has been changing in UK over the period 1995 to 2005 and how …
Persistent link: https://www.econbiz.de/10009150057
inheritances is characterized by a very high degree of inequality (comparable by and large to that observed in personal wealth) and … provide estimates for the overall magnitude and the distribution of inherited wealth. Our results indicate that the period … that this has increased over time. However, the inequality increasing effect from the greater inequality in the …
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/10009201187
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
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/10010692138
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/10010692140
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