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Roads to equality: wealth distribution dynamics with public-private capital complementarity

Ferreira, Francisco H. G. - London School of Economics (LSE) - 1995

This paper proposes a model of wealth distribution dynamics with a capital market imperfection and a production …

Persistent link: https://www.econbiz.de/10010746233

Wealth accumulation in Great Britain 1995-2005: the role of house prices and the life cycle

Bastagli, Francesca; Hills, John - London School of Economics (LSE) - 2012

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/10010884701

Inequality among the wealthy

Cowell, Frank - London School of Economics (LSE) - 2011

Using the evidence from the Luxembourg Wealth Study it appears that the distribution of wealth in the UK is … and of the wealth differential between the rich and the rest? Using a Pareto model for the upper tail of the distribution …

Persistent link: https://www.econbiz.de/10010745038

Estimates of the asset-effect: the search for a causal effect of assets on adult health and employment outcomes

McKnight, Abigail - London School of Economics (LSE) - 2011

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/10010745695

Inheritance and the distribution of wealth

Cowell, Frank - London School of Economics (LSE) - 1998

The theory of functional equations is used to clarify the relationship between equilibrium distributions of wealth and …

Persistent link: https://www.econbiz.de/10010746547

Wealth and inheritance in Britain from 1896 to the present

Atkinson, Anthony B. - London School of Economics (LSE) - 2013

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/10011126277

Education, inequality and income inequality

Checchi, Daniele - London School of Economics (LSE) - 2001

In this paper we propose to measure inequality of educational achievements by constructing a Gini index on educational attainments. We then use the proposed measure to analyse the relationship between inequality in incomes and educational achievements (in terms of both the average attainments...

Persistent link: https://www.econbiz.de/10010745976

Robust income distribution estimation with missing data

Victoria-Feser, Maria-Pia - London School of Economics (LSE) - 2001

With income distributions it is common to encounter the problem of missing data. When a parametric model is fitted to the data, the problem can be overcome by specifying the marginal distribution of the observed data. With classical methods of estimation such as the maximum likelihood (ML) an...

Persistent link: https://www.econbiz.de/10010928590

Growth and inequality: a demographic explanation

Miyazawa, Kazutoshi - London School of Economics (LSE) - 2005

This paper investigates the relationship between growth and inequality from a demographic point of view. In an extended model of the accidental bequest with endogenous fertility, we analyze the effects of a decrease in the old-age mortality rate on the equilibrium growth rate as well as on the...

Persistent link: https://www.econbiz.de/10010928630

Modelling vulnerability in the UK

Bandyopadhyay, Sanghamitra; Cowell, Frank - London School of Economics (LSE) - 2007

shocks have the greatest impact on consumption, in comparison to shocks to the income stream. Quantile-specific estimates …

Persistent link: https://www.econbiz.de/10010928683