Showing 1 - 10 of 696
mitigate wealth inequality. … inequality. This paper uses administrative data for the population of Norway to examine the share of the Total Inflows (defined … Inflows; this is true across the distribution of Total Inflows, as well as at all levels of net wealth. Gifts and inheritances …
Persistent link: https://www.econbiz.de/10012805994
Wealth is highly correlated between parents and their children; however, little is known about the extent to which … these relationships are genetic or determined by environmental factors. We use administrative data on the net wealth of a … relationship between the wealth of adopted and biological parents and that of the adopted child, we find that, even prior to any …
Persistent link: https://www.econbiz.de/10011308579
credit led to less intergenerational mobility and greater inequality. Two offsetting forces underlie this result: (1) greater …
Persistent link: https://www.econbiz.de/10014494606
Traditionally, the data of inheritances in surveys are analysed assuming that they are equally shared within households. However, inheritances are individual assets, regardless of the marital property regime adopted at the time of marriage. In this paper, we examine the impact of individual...
Persistent link: https://www.econbiz.de/10014431783
, earn higher portfolio returns, and ultimately accumulate higher levels of wealth later in life. Underlying these effects …' life-cycle wealth profiles. …
Persistent link: https://www.econbiz.de/10014529731
-birth factors are important. However, once we condition on having positive financial wealth, we find that nurture has a much … and their adoptive children becomes very weak. We find similar results when we study the share of financial wealth that is …
Persistent link: https://www.econbiz.de/10011295557
-of-the-envelope calculation suggests that dynastic home equity increases housing wealth inequality among young adults by 20%. … the importance of familial wealth for household wealth accumulation and housing wealth in particular. A back …
Persistent link: https://www.econbiz.de/10013286209
We present the first estimates of intergenerational wealth correlation for Australia, using HILDA. The rank correlation … varies greatly by child age when wealth is observed, from 0.1 before age 30, to 0.5 after age 40. Most children in our ….306. Wealth correlations are difficult to interpret and not well grounded in theory. We therefore also implement Boserup et al …
Persistent link: https://www.econbiz.de/10012649512
We study the effect of state-level estate taxes on the geographical location of the Forbes 400 richest Americans and its implications for tax policy. We use a change in federal tax law to identify the tax sensitivity of the ultra-wealthy's locational choices. Before 2001, some states had an...
Persistent link: https://www.econbiz.de/10012126747
-sectional inequality. …
Persistent link: https://www.econbiz.de/10011347277