Baselgia, Enea; Martínez, Isabel - 2024
% of the super-rich are heirs—a fraction twice as large as in the US—and that wealth mobility at the very top has declined … significantly. We find that top 0.01% wealth shares are higher than previous estimates based on wealth tax statistics suggest. At … the same time, we argue that rich list data lead to overestimating wealth inequality. While rich lists are valuable to …
