affected by inheritance distribution. The relative attraction derived from inherited wealth and acquired human capital in …, covering both labor income and inheritance. This paper studies the concentration and substitutability of these two traits in … outcomes seen in France. By assuming a sequential revelation of inheritance and labor income in marital sorting, we develop a …

of intergenerational transfers does not increase with the level of wealth or income. Using a fractional logit regression …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 …

In this empirical paper we analyze the link between homeownership across cohorts and the net wealth distribution. In … over cohorts on the distribution of net wealth we impose the homeownership pattern of the US on Germany and ask: What would … particular we are interested in the effect of the pattern of ownership across cohorts. Given that wealth accumulates over the …

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. …

deterministic systems, such as looking for multiple peaks in the stationary distribution of states. We develop Markov wealth … processes in which parents' investments in children stochastically determine children's wealth, and consequently their own … others, and that their presence dominates the stationary behavior of the wealth distribution. Typically, mass accumulates …

From an economic perspective, imposing a credible one-off net wealth levy in crisis times as a tool to ward off a …