Showing 1 - 10 of 1,004
We show how normative standpoints determine optimal taxation of wealth. Since wealth is not equal to capital, we find …
Persistent link: https://www.econbiz.de/10012841621
We study how attitudes to inheritance taxation are influenced by information about the role of inherited wealth in … aggregate importance of inherited wealth and its link to inequality of opportunity significantly increases the support for …. Changes in the perceived economic importance of inherited wealth and altered views on whether luck matters most for economic …
Persistent link: https://www.econbiz.de/10012892104
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 …
Persistent link: https://www.econbiz.de/10014358704
This paper analyzes new evidence on long-run trends in aggregate wealth accumulation and wealth inequality in Western … countries. The new findings suggest that wealth-income ratios were lower before World War I than previously claimed, that wealth … concentration fell over the past century and has remained low in Europe but increased in the United States, that wealth has changed …
Persistent link: https://www.econbiz.de/10013323085
well as at all levels of net wealth at a point in time. Gifts and inheritances are only an important source of income flows … extreme wealth inequality in society …
Persistent link: https://www.econbiz.de/10013305650
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 … in wealth and health, implying persistent increases in wealth inequality that are characterised by increases in wealth …
Persistent link: https://www.econbiz.de/10013310772
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 …
Persistent link: https://www.econbiz.de/10013289690
Accurate real-time macroeconomic data are essential for policy-making and economic nowcasting. In this paper, I introduce a real-time database for German regional economic accounts (READ-GER). The database contains real-time information for nine macroeconomic aggregates and the 16 German states....
Persistent link: https://www.econbiz.de/10014358678
This paper uses a modelling framework which includes two singularities (or poles) in the spectral density function, one corresponding to the long-run (zero) frequency and the other to the cyclical (non-zero) frequency. The adopted specification is very general, since it allows for fractional...
Persistent link: https://www.econbiz.de/10012859046
Every month, the ifo Business Survey (IBS) asks a representative set of 9000 German firms about their current and expected economic conditions. Thus, the micro data of the IBS are ideally suited to study various aspects of firm behavior. However, methodological heterogeneities between different...
Persistent link: https://www.econbiz.de/10012892157