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intergenerational wealth transfers on the net worth distribution in 8 European countries and compare it to recent findings for the US … inequality in household wealth in all 8 countries. …
Persistent link: https://www.econbiz.de/10011573797
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This paper uses SOEP data to study the distributional effect of intergenerational transfers on the wealth distribution … aggregate bequest flows. At the same time, there is an ongoing debate on the distributional implications of such wealth shocks … of households. The model allows for dynamic adjustment and variations in the savings behavior over the wealth …
Persistent link: https://www.econbiz.de/10011915902
This paper describes the inference procedures required to perform Bayesian inference to some multivariate econometric models. These models have a spatial component built into commonly used multivariate models. In particular, the seemingly unrelated regression and vector autoregressive models are...
Persistent link: https://www.econbiz.de/10012019328
We develop a new Bayesian estimator that is able to deal with multivariate panel data structure in the presence of spatial correlation. The analysis of panel data introduced here allows us to analyze not only the fixed effect but also the random effect model. This work extends the previous study...
Persistent link: https://www.econbiz.de/10012059270
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Es ist das theoretische Ziel des Forschungsvorhabens, die Bestimmungsfaktoren der "monetäre Stabilität unter Unsicherheit" aus einer Vermögensmarktperspektive und aus einer handlungstheoretischen Perspektive zu erklären. Die im Vermögensmarktansatz bislang nicht explizierten...
Persistent link: https://www.econbiz.de/10010194638
Top distributions of income and wealth are still incompletely measured in many national statistics, particularly when … extrapolate both income and wealth distributions from German PHF (Panel on Household Finance) data under the incidental truncation … our copula-based approach can approximate much closer to the top tax data and wealth "rich list" than those unconditional …
Persistent link: https://www.econbiz.de/10012424292
Persistent link: https://www.econbiz.de/10012657779
Persistent link: https://www.econbiz.de/10001636887