returns, both of which contribute to wealth inequality. Counterfactual policy exercises indicate that two ways to lower costs … wealth accumulation through several distinct channels. We focus on genetic markers that predict educational attainment … distributions of welfare costs even though the latter policy appears to reduce wealth differences between agents with different …

Retirement in Europe (SHARE) to examine the wealth accumulation (saving) behavior of the retired elderly in Europe. To summarize … our main findings, we find that less than half of the retired elderly in Europe are decumulating their wealth and that the … average wealth accumulation rate of the retired elderly in Europe is positive though relatively moderate (6.6% over a 3-year …

of lifetime resources (income and wealth) motivated by economic theory that account for generational differences in life … wage income and disposable income measured over narrow windows of age that are used to proxy lifetime wealth. The …

intergenerational wealth effects. Using panel data from school zones within a large U.S. school district, we find that higher local … quantify this housing wealth channel using an overlapping generations model with neighborhood choice, spatial equilibrium, and … endogenous school quality. Housing market shocks in the model generate large intra- and intergenerational wealth effects, with …

-pension wealth holdings, (ii) defined contribution (DC) pension holdings, (iii) actual or expected defined benefit (DB) pension …

Rising wealth inequality has spurred an increased interest in understanding how and why wealth is correlated across … generations. We exploit plausibly exogenous variation in housing wealth driven by home price changes in different areas to isolate … the causal impact of parental housing wealth during different childhood periods on children's long-run wealth accumulation …

share of Smith et al. (2022) is close to the one found in Saez and Zucman (2020) and estimates of US wealth inequality are …Recent estimates of US top wealth shares obtained by capitalizing income tax returns (Saez and Zucman, 2020; Smith … Exchange Commission data at the shareholder firm level show that billionaires' equity wealth is underestimated by a factor of 2 …

highly public lives, with some achieving superstar status. Despite growing inequality, billionaires face effective tax rates … billionaires, with individuals updating their beliefs in response to information. Contrary to expert predictions that all …

disciplined by US household survey data on income, wealth, education and time use. Studying the transitions induced by unexpected …