Showing 1 - 10 of 18
We study how attitudes to inheritance taxation are influenced by information about the role of inherited wealth in society. Using a randomized experiment in a register-linked Swedish survey, we find that informing individuals about the large aggregate importance of inherited wealth and its link...
Persistent link: https://www.econbiz.de/10012892104
Does parental wealth inequality impact next generation labor income inequality? And does a tax on parental wealth affect the labor income distribution of the next generation? We tackle both questions empirically using detailed intergenerational data from Norway, focusing on effects on wages...
Persistent link: https://www.econbiz.de/10013219075
We study a small open economy displaying Pareto-distributed wealth resulting from random death. The government runs a distribution scheme on inheritance. We present the mathematical background that allows to study the dynamics of means. We end up with ordinary differential equations for the mean...
Persistent link: https://www.econbiz.de/10013228863
Like in many other countries, wealth inequality has increased in Switzerland over the last fifty years. By providing new evidence on cantonal top wealth shares for each of the 26 cantons since 1969, we show that the overall trend masks striking differences across cantons, both in levels and...
Persistent link: https://www.econbiz.de/10014358704
The vast literature on earnings inequality has so far largely ignored the role played by hours of work. This paper argues that in order to understand earnings dispersion we need to consider not only the dispersion of hourly wages but also inequality in hours worked as well as the correlation...
Persistent link: https://www.econbiz.de/10014240481
We study changes in job security after displacement and exploit eligibility rules for lump-sum payments in the Netherlands to investigate the role of liquid wealth. Within five years of job loss, the likelihood of being a permanent worker remains 12% lower for displaced workers. Those eligible...
Persistent link: https://www.econbiz.de/10014416055
Wealthier households obtain higher returns on their investments than poorer ones. How should the tax system account for this return inequality? I study capital taxation in an economy in which return rates endogenously correlate with wealth. The leading example is a financial market, where the...
Persistent link: https://www.econbiz.de/10013233147
We examine the relationship between income and health with the purpose of establishing the extent to which the distribution of health in a population contributes to income inequality and is itself a product of that inequality. The evidence supports a significant and substantial impact of...
Persistent link: https://www.econbiz.de/10010224791
Persistent link: https://www.econbiz.de/10009720506
A model is developed for peasant households in land abundant areas who choose between two technologies for land preparation: a manual one and one using draught animals. For draught a minimum number of animals is required so that a technological non convexity exists. It follows that certain...
Persistent link: https://www.econbiz.de/10011453277