We study how attitudes to inheritance taxation are influenced by information about the role of inherited wealth in … inherited wealth could be one explanation behind the relatively marginalized role of inheritance taxation in developed economies … aggregate importance of inherited wealth and its link to inequality of opportunity significantly increases the support for …

well as at all levels of net wealth at a point in time. Gifts and inheritances are only an important source of income flows … Inflows available to an individual (defined as the capitalized sum of net labor income, government transfers, and gifts and … much different from the actual distribution. Our findings suggest that inheritance taxes may do little to mitigate the …

economy. Besides the joint distribution of income and inheritances, quasi-experimental evidence regarding the size of wealth …The taxation of bequests can have a positive impact on the labor supply of heirs through wealth effects. This leads to … an increase in future labor income tax revenue on top of direct bequest tax revenue. We first show in a theoretical model …

Does parental wealth inequality impact next generation labor income inequality? And does a tax on parental wealth … intergenerational data from Norway, focusing on effects on wages rather than capital income. Results suggest that a net wealth of NOK 1 … affect the labor income distribution of the next generation? We tackle both questions empirically using detailed …

Rising income inequality since the 1980s in the United States has generated a substantial increase in saving by the top … of the income distribution, which we call the saving glut of the rich. The saving glut of the rich has been as large as … across states shows that the rise in top income shares can explain almost all of the accumulation of household debt held as a …

We show how normative standpoints determine optimal taxation of wealth. Since wealth is not equal to capital, we find …

distributions of health and wealth, leading to differences in the ability to mitigate future income shocks. We study consumption … health and wealth are jointly determined under income and health risk that are related to disease outbreak risk. We calibrate … for households in higher income groups and/or with higher initial wealth, and decreases for those in lower income groups …

in inherited wealth over time. This implies that inheritance taxation can reduce long-run wealth inequality only through … inheritance within a decade while the inheritances of wealthy heirs remain intact. These different depletion rates are not due to … different consumption or labor supply responses but due to different rates of return on inherited wealth. Upon their receipt …

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 trends. Combining this with variation in cantonal wealth taxes, we then …

countries. The new findings suggest that wealth-income ratios were lower before World War I than previously claimed, that wealth …This paper analyzes new evidence on long-run trends in aggregate wealth accumulation and wealth inequality in Western … concentration fell over the past century and has remained low in Europe but increased in the United States, that wealth has changed …