bequests as potential determinants of the high level of wealth concentration in the US. Analyzing the joint distribution of …. Nonetheless, concentration of labor earnings is the primary source of wealth concentration in the US. This finding reflects the … high correlation between earnings and wealth in the data, as well as the fact that earnings are a major source of income …

This paper considers a parametric model for the joint distribution of income and wealth. The model is used to analyze … income and wealth inequality in five OECD countries using comparable household-level survey data. We focus on the dependence … parameter between the two variables and study whether accounting for wealth and income jointly reveals a different pattern of …

attainment independently predict household wealth in the Health and Retirement Study (HRS). This relationship is partly explained … gradient in wealth.We show that individuals with lower genetic scores are more prone to reporting "extreme beliefs" (e … wealth disparities not only through education and higher earnings, but also through their impact on the ability to process …

novel survey data from the top of the wealth distribution, which have been added to the 2019 German Socio-economic Panel … Study. The data include private wealth balance sheets, in particular the value of own private business assets, and a … share of their wealth in their own businesses when they are more willing to take risks. These associations are stronger …

the importance of familial wealth for household wealth accumulation and housing wealth in particular. A back …-of-the-envelope calculation suggests that dynastic home equity increases housing wealth inequality among young adults by 20%. …

While most studies on wealth inequality focus on the inequality between households, this paper examines the … distribution of wealth within couples. For this purpose, we make use of unique individual level micro data from the German Socio … partnership) that might explain this wealth gap. We find that all factors contribute to the explanation of the wealth gap within …

to predict the evolution of a wealth distribution over time. Stochastic labour income follows a deterministic growth … interest rate implies a stationary long-run wealth distribution, a high interest rate implies non-stationary wealth … distributions. Our baseline model matches the evolution of the wealth distribution of the NLSY 79 cohort from 1986 to 2008 very well …

who reside in Western countries, and those who inherited substantial wealth, are wealthier than other billionaires. The … results do not arise from measurement error or nonrandom sample selectivity. They are consistent with econometric theory about …

. This paper studies the role of endogenous owner hours in shaping the wealth distribution among entrepreneurs. We introduce … levels and the dispersion of wealth among entrepreneurs. Long owner hours incentivize poor, highly productive individuals to … be owners and help the most productive owners to accumulate large quantities of wealth. On net, owners working long hours …

, just as own wealth does: the more the man earns and the wealthier the woman is, the longer it takes for her to find a job … the husband finds a job. This is so despite the fact that greater own wealth also prolongs unemployment spells for men …. These findings are hard to reconcile with the traditional economic model of the family. -- gender asymmetries ; wealth …