, wealth accumulation via the dynamics of housing prices and the human capital acquisition process of the next generation. The …

We examine how changes in tax policies affect the dynamics of the distributions of wealth and income in a Ramsey model … determining inequality, as tax changes that affect hours of work will affect the distribution of wealth and income, reinforcing or … associated with lower output but also with a more equal distribution of after-tax income. We illustrate these effects by …

-Levy-Solomon microscopic model using the methods of kinetic theory and consists of a linear Boltzmann equation for the wealth distribution of …

analysis links highly detailed individual level fertility life histories to wealth at death data for four rural villages in …

There is a capital taxation puzzle in most developed countries. Since the 1960s, revenues from wealth transfer taxation … cases; by contrast, lifetime wealth or capital taxation generates much higher revenues and shows no decreasing trend. The … full tax puzzle is certainly not easy to explain. Many usual explanations of the aversion to wealth transfer taxation also …

France the annual flow of inheritance was about 20%-25% of national income between 1820 and 1910, down to less than 5% in … 1950, and back up to about 15% by 2010. A simple theoretical model of wealth accumulation, growth and inheritance can fully … bequest flow might reach about 20%-25% of national income by 2050. This corresponds to a capitalized bequest share in total …

in explaining households' wealth behaviors, and to construct more accurate tests of the theories of savings and portfolio … measures of risk attitudes as well as time preference found in the literature, such as the hypothetical lottery on income of … composition of wealth are similar across surveys, in line with theoretical predictions, and more significant than those obtained …

.25, so that the two preferences are nonetheless far from identical. In addition, the elasticity of children's wealth with … respect to that of their parents is around 0.22. This correlation is corrected for the influence of age on wealth, and …%, and previous intergenerational transfers for about 13%. When permanent income is controlled for, the contribution of …

For a sub-sample of French households of an Insee wealth survey, we obtain new and relative measures of 5 individual … altruism are found no to affect wealth but, contrarily to recent results of behavioural analysis, the three other parameters … have significant effects on wealth (financial, gross or net), which are consistent with theoretical predictions : wealth …