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 …

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 …

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 … income and wealth. We are the first to evaluate this policy-similar to "non-dom" taxation that exists in other countries like …

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 …

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

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 …

This paper examines long-term trends in aggregate wealth and inheritance and in their distributions, focusing on … developed economies. A key stylized fact is that wealth is less equally distributed than income. Financial assets predominate … among the wealthy, while owner-occupied housing is crucial for middle groups, so higher stock prices raise wealth inequality …

We calibrate a sequence of four nested models to study the dynamics of wealth accumulation. Individuals maximize a … utility function whose arguments are consumption and investment. They desire to accumulate wealth for its own sake - this is …

wealth is difficult to establish due to many potential sources of endogeneity. Utilizing the Household Finance and … wealth position of the household only through homeownership. For the sample of inheritors we find that the local average … reductions in the net holdings of financial and other real wealth of the treated households. …

distributions of health and wealth, leading to differences in the ability to mitigate future income shocks. We study consumption … health and wealth are jointly determined under income and health risk that are related to disease outbreak risk. We calibrate … in wealth and health, implying persistent increases in wealth inequality that are characterised by increases in wealth …