Showing 1 - 10 of 45
Based on Norwegian register data we show that having a lone parent in the terminal phase of life significantly affects the offspring's labor market activity. The employment propensity declines by around 1 percentage point among sons and 2 percentage points among daughters during the years just...
Persistent link: https://www.econbiz.de/10005247702
inheritance rules (partition vs. primogeniture). After controlling for economic, institutional, religious, and cultural factors … inheritance. We also find that only the effect of inheritance rules persists over the 1971-2001 period. …
Persistent link: https://www.econbiz.de/10010812506
We examine the socially optimal wealth distribution in a two-person two-good model with heterogeneous workers and … other (non-social) individual. We show that the interdependence can effectively counter-act the need to transfer wealth to … social interactions it can be socially desirable to keep substantial wealth inequality. …
Persistent link: https://www.econbiz.de/10005822152
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 …
Persistent link: https://www.econbiz.de/10010720691
While most studies on wealth inequality focus on the inequality between households, this paper examines the … distribution of wealth within couples. For this purpose, we make use of unique individual level micro data from the German Socio … partnership) that might explain this wealth gap. We find that all factors contribute to the explanation of the wealth gap within …
Persistent link: https://www.econbiz.de/10011188123
Welfare-oriented analyses of economic outcome measures such as income and wealth generally rest on the assumption of … distribution of income and wealth within the household context. Based on unique individual-level wealth data from the German Socio … evidence for a significant gender wealth gap of about 30,000 euros in Germany, which amounts to almost 50,000 euros for married …
Persistent link: https://www.econbiz.de/10005566425
This paper reviews the long run developments in the distribution of personal income and wealth. It also discusses … the distribution of income and wealth over time? Are there common trends across countries or over the path of development …-called top income literature and new evidence on wealth concentration. The picture that emerges shows that inequality was …
Persistent link: https://www.econbiz.de/10010764612
international bailout in 2010. Given the economic collapse, Ireland provides an ideal case-study of the link between wealth … this massive fall in wealth, measures of health and well-being remained broadly unchanged. However, expectations about …
Persistent link: https://www.econbiz.de/10010884281
increase individuals' financial literacy and that the relationship between financial literacy and wealth is largely …
Persistent link: https://www.econbiz.de/10010959735
particular interest to economists, namely income and wealth and (b) to discuss issues in relation to their use, in particular … with respect to missing data. We describe how the income and wealth data were collected. We assess the quality of the … consider the relationship between income/wealth and life satisfaction, another variable captured in TILDA. We find that income …
Persistent link: https://www.econbiz.de/10010960113