wealth position of the household only through homeownership. For the sample of inheritors we find that the local average … is often used as an argument for policies that foster homeownership. However, the causal link between homeownership and … wealth is difficult to establish due to many potential sources of endogeneity. Utilizing the Household Finance and …

This paper examines the role of bequests and of taxation on bequests for the distribution of wealth. We investigate a …. Using the coefficient of variation as the measure of inequality, bequests per se diminish the inequality of wealth since … they raise private savings and hence average wealth holdings more than the variance of wealth. From a policy perspective …

, 19th century weight was higher in states with greater average wealth and population density and lower in states with … greater wealth inequality …

We provide a systematic analysis of the properties of individual returns to wealth using twelve years of population … of wealth between safe and risky assets: returns are heterogeneous even within asset classes. Third, returns are … positively correlated with wealth: moving from the 10th to the 90th percentile of the financial wealth distribution increases the …

The Carnegie effect (Holtz-Eakin, Joualfaian and Rosen, 1993) refers to the idea that inherited wealth harms recipients …

The role of inherited wealth in modern economies has increasingly become under scrutiny. This study presents one of the … share of total wealth in a given economy. Thus, aging is not likely to explain a recent surge in this share in some advanced …

between the countries of the Euro area. We find a strong negative correlation between wealth inequality and homeownership …-country inequality differences. We confirm the major role for homeownership rates in accounting for the wealth inequality differences …The recently published Household Finance and Consumption Survey has revealed large differences in wealth inequality …

A large body research shows a positive relationship between wealth and entrepreneurship and interprets the relationship … job loss and those who do not reveals generally increasing entry rates through the wealth distribution for both groups … entrepreneurship and a different measure of wealth – net housing equity – for the two groups. Second, we examine the liquidity …

Strong intergenerational associations in wealth have fueled a longstanding debate over why children of wealthy parents … tend to be well off themselves. We investigate the role of family background in determining children's wealth accumulation … by Norwegian parents to a population panel data set with detailed information on disaggregated wealth portfolios and …

Using detailed tax data from the Swiss canton of Bern, I examine how changes in wealth are related to income risk. I … find that only among elderly individuals high kurtosis of income risk may be positively correlated with wealth accumulation …. Additionally, I document that a substantial share of taxpayers have negative net wealth. While wealth and income are positively …