effect of the coronavirus crisis on household income and retirement wealth, households’ expectations about the recovery, and … pronounced for middle-age households and those higher in the wealth and income distributions. This contrasts with income shocks …, which are stronger for younger households and those in lower income and wealth quintiles. Expectations about household …

income. We argue that instead of using yearly income, one should measure wealth tax burdens with respect to individual … concept can be established. Under our preferred income concept, the wealth tax shows advantageous distributional effects - it …Recent books by Thomas Piketty (Piketty, 2014) and Anthony Atkinson (Atkinson, 2015) have brought the annual wealth tax …

This paper studies the heterogeneity of the marginal propensity to consume out of wealth based on French household … surveys. This heterogeneity is driven by differences in both wealth composition and wealth levels. We find a decreasing … marginal propensity to consume out of wealth across the wealth distribution for all net wealth components. The marginal …

income and wealth. We are the first to evaluate this policy-similar to "non-dom" taxation that exists in other countries like … magazine to gain new insights on the structure and dynamics of top wealth in Switzerland. Using this data allows us study the … literature. First, we present a number of new facts on the wealth elite in Switzerland. We show that about 60% of the super …

We study beliefs about wealth inequality and preferences for wealth redistribution. For this, we conduct a large …-scale online survey in Germany. First, we analyze how well participants are informed about the German wealth distribution and their … position in it. Second, we investigate how preferences for wealth redistribution are affected by an information experiment. One …

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

well as at all levels of net wealth at a point in time. Gifts and inheritances are only an important source of income flows … Inflows available to an individual (defined as the capitalized sum of net labor income, government transfers, and gifts and … extreme wealth inequality in society. …

Using new long-run microdata, this paper studies wealth and income trends of college and noncollege households in the … considerably larger than the college income premium. Over the past four decades, the wealth of American households with a … United States since 1956. We document the emergence of a substantial college wealth premium since the 1980s, which is …

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 …

developed economies. A key stylized fact is that wealth is less equally distributed than income. Financial assets predominate … or rose. Aggregate wealth-to-income ratios have fluctuated, re-flecting both market and policy influences, whereas …This paper examines long-term trends in aggregate wealth and inheritance and in their distributions, focusing on …