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comparisons across a language barrier in Switzerland. This Röstigraben separates cultural groups, but neither labor markets nor …
Persistent link: https://www.econbiz.de/10003861817
magazine to gain new insights on the structure and dynamics of top wealth in Switzerland. Using this data allows us study the … super-rich in Switzerland in ways that were not possible in previous research based largely on tax data. In addition to … literature. First, we present a number of new facts on the wealth elite in Switzerland. We show that about 60% of the super …
Persistent link: https://www.econbiz.de/10013255620
We estimate the ratio of private wealth to national income, βpt, for Switzerland from 1900 to 2020. Our results … Switzerland's capital friendly policy-making. Since the turn of the century, however, βpt has been on a rapid rise to reach 793 …
Persistent link: https://www.econbiz.de/10013384507
We present a new data set we built based on Swiss rich lists going back to 1989. We show, among other things, that 60% of the super-rich are heirs-a fraction twice as large as in the US-and that wealth mobility at the very top has declined significantly. We find that top 0.01% wealth shares are...
Persistent link: https://www.econbiz.de/10014490904
meet this challenge, we exploit a cultural border dividing Switzerland in ways that are independent of institutional …
Persistent link: https://www.econbiz.de/10014304511
We use a novel rich-list data set to estimate the sensitivity of the location choice of superrich foreigners to a special tax regime, under which wealthy foreigners are taxed on their living expenses, rather than their true income and wealth. We are the first to evaluate this controversial Swiss...
Persistent link: https://www.econbiz.de/10014528212
Women earn less than men but are not less satisfied with life. This paper argues that norms on the appropriate pay for women compared to men explain these findings. We take citizens' approval of an equal rights amendment to the Swiss constitution as a proxy for the norm that "women and men shall...
Persistent link: https://www.econbiz.de/10011450210