Showing 1 - 10 of 400
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 …
Persistent link: https://www.econbiz.de/10012194632
Inflows; this is true across the distribution of Total Inflows, as well as at all levels of net wealth. Gifts and inheritances … inheritances have very little effect on the distribution of Total Inflows, suggesting that inheritance taxes may do little to … mitigate wealth inequality. …
Persistent link: https://www.econbiz.de/10012805994
There is growing interest in understanding how gender influences the accumulation of wealth. While prior studies … oversamples the top 1% of wealth holders in Germany, we show that the gender wealth gap is small for individuals up to age 40 …
Persistent link: https://www.econbiz.de/10015074456
to their pre-inheritance wealth. We also find that post-inheritance behavioral adjustments mitigate the equalizing effect …We use new population-wide register data on inheritances and wealth in Sweden to estimate the causal impact of … inheritances on wealth inequality. We find that inheritances reduce relative wealth inequality (e.g., the Gini coefficient falls by …
Persistent link: https://www.econbiz.de/10011455705
What are the long-term economic effects of a more equal distribution of wealth? We exploit variation in historical … inheritance rules for land in Germany. In some German areas, inherited land was to be shared or divided equally among children … right-shifted skill, income, and wealth distribution. Higher top incomes and top wealth in equal division areas coincide …
Persistent link: https://www.econbiz.de/10012288516
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 …
Persistent link: https://www.econbiz.de/10010195489
A fundamental question in social sciences relates to the effect of wealth inequality on economic growth. Yet, in … tackling the question, researchers have had to use income as a proxy for wealth. We derive a global measure of wealth … and poverty. We find that wealth inequality reduces economic growth, but when we control for the fact that some …
Persistent link: https://www.econbiz.de/10010211159
Cyprus, France, Italy and Slovenia, less than 10% of households are affluent in both income and net wealth. Investigating the … joint distributions of income and net wealth confirms that France demonstrates a more homogenous distribution of richness …This paper applies multidimensional affluence measures to a new dataset on income and wealth in 15 Eurozone countries …
Persistent link: https://www.econbiz.de/10011288530
international bailout in 2010. Given the economic collapse, Ireland provides an ideal case-study of the link between wealth … this massive fall in wealth, measures of health and well-being remained broadly unchanged. However, expectations about …
Persistent link: https://www.econbiz.de/10010228783
particular interest to economists, namely income and wealth and (b) to discuss issues in relation to their use, in particular … with respect to missing data. We describe how the income and wealth data were collected. We assess the quality of the … consider the relationship between income/wealth and life satisfaction, another variable captured in TILDA. We find that income …
Persistent link: https://www.econbiz.de/10009740282