China's increased trade with and investment in Africa have boosted the continent's economic growth but have also … generated considerable controversy. In this paper we investigate China's outward direct investment ODI in Africa using macro and … investment is small, though growing rapidly. China's attraction to resource-rich countries is no different from Western …

. Using the coefficient of variation as the measure of inequality, bequests per se diminish the inequality of wealth since …, taxing bequests and redistributing government revenue lump-sum among the young generation further decreases wealth inequality …This paper examines the role of bequests and of taxation on bequests for the distribution of wealth. We investigate a …

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 …

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

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

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 …

wealth is difficult to establish due to many potential sources of endogeneity. Utilizing the Household Finance and … instrument. The exclusion restriction is that conditional on the total amount of inheritance, inheriting a home affects the … wealth position of the household only through homeownership. For the sample of inheritors we find that the local average …

implications of these findings for several strands of the wealth inequality debate …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 …

This paper examines the integration of Chinese Communist Party membership and private entrepreneurship in China after … entrepreneurs. Using six waves of a nationwide survey of privately owned enterprises in China from 1997 to 2008, we find that the …