We use data from the European Household Finance and Consumption Survey in order to examine the distributional effect of intergenerational wealth transfers on the net worth distribution in 8 European countries and compare it to recent findings for the US. To do so, we resort to the decomposition...

Previous research argues that law expresses social values and could, therefore, influence individual behavior independently of enforcement and penalization. Using three laboratory experiments on tax avoidance and evasion, we study how legality affects individuals' decisions. We find that,...

Most of the European Member States employ anti-loss trafficking rules. They aim to prevent the acquisition of mere corporate shells with high tax loss carryforwards for the tax asset to be utilized in profitable companies. However, other corporations can unintentionally be affected by the...

The study provides descriptive data on durations, attributes, and parliamentary activities in legislative processes at the level of individual law proposals. It examines all government proposals submitted to the Brazilian Congress between October 1988 and December 2012, tracing their legislative...

Am 21. April 2023 wurde das Gesetz zum Neustart der Digitalisierung der Energiewende (GNDEW), eingebracht von den Fraktionen Bündnis 90/ Die Grünen, der SPD sowie der FDP und federführend entwickelt vom Bundesministerium für Wirtschaft und Klimaschutz (BMWK), vom Bundestag, verabschiedet....

Private wealth is a crucial factor for the economic well-being of households. Key determinants of private wealth include intergenerational wealth transfers (gifts and inheritances), which are gaining importance since 1990, as research suggests. We conduct a detailed investigation of the...

This study uses the German SAVE panel study in order to estimate the effect of intergenerational transfers on the expected retirement entry age of individuals. The literature in this field typically estimates the transfer effect on the actual retirement probability. We suggest to base the...

As the importance of capital is resurging in rich countries, the dynamics of wealth inequality are being increasingly affected by inheritance distribution. The relative attraction derived from inherited wealth and acquired human capital in marital choices may be undergoing change. We expand the...