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. …

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 …'s aristocratic wealth has experienced more negative shocks since WWII, social stratification is perceived as less acute, and half of …

We revisit the alleged retirement consumption puzzle. According to the life-cycle theory, foreseeable income reductions … endowments after retirement, the theory does predict a fall of total market consumption expenditures. In order not to mistake …-cycle theory. For retirees we also find significant effects of the income reduction at retirement on housing. However, the effects …

net wealth, income, age and housing status distributions for the euro area as a whole and for individual countries, and … remaining constant. Households in the lower end of the net wealth and income distribution, younger households and mortgagors …