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 …

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

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 …

insights into the role of country-specific shocks in shaping long-run wealth dynamics. This paper presents the first … comprehensive study of wealth and its distribution in Germany since the 19th century. We combine tax and archival data, household … surveys, historical national accounts, and rich lists to analyze the evolution of the German wealth distribution over the long …

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 …

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 …

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 …

the expected old age income is consumed in the first period), as employment increases. In the transition to the new steady … initial old suffer reduced consumption, but the young have higher post-tax income and this spurs capital accumulation …