Showing 1 - 10 of 217
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
aggregate importance of inherited wealth and its link to inequality of opportunity significantly increases the support for …We study how attitudes to inheritance taxation are influenced by information about the role of inherited wealth in …. 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
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
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
extreme wealth inequality in society … inequality. This paper uses a 19-year panel of administrative data for the population of Norway to examine the share of the Total … well as at all levels of net wealth at a point in time. Gifts and inheritances are only an important source of income flows …
Persistent link: https://www.econbiz.de/10013305650
in wealth and health, implying persistent increases in wealth inequality that are characterised by increases in wealth … and/or with lower wealth. These changes lead to inequality in exposure to post-pandemic income risk and, in particular, an … incentivising investment in health for those with low wealth and health, it reduces health inequality and, in the short run, the …
Persistent link: https://www.econbiz.de/10013310772
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
Little research exists on the historical relationship between BMI variation, wealth, and inequality. This study finds … BMIs and average state-level wealth, and an inverse relationship between BMI and wealth inequality. After controlling for … wealth and inequality, rural agricultural farmers had greater BMI values than their urban counterparts in other occupations. …
Persistent link: https://www.econbiz.de/10010274782
, the income tax is effectively progressive; and (v) income taxation substantially reduces income inequality in Germany …
Persistent link: https://www.econbiz.de/10012781544
This paper addresses the modern optimal tax progressivity literature, which clarifies the key role of the behavioral response to taxation and accounts for the incomes of the superrich being qualitatively different than others. Some may be "superstars," for whom small differences in talent are...
Persistent link: https://www.econbiz.de/10012861454