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deals with reverse causality and omitted variable bias by exploiting exogenous variation in inherited wealth generated by … registers. The results show that increased wealth has limited impacts on objective adult health over a period of six years. This … the wealth shock resulting from the tax reform leads people to seek care for symptoms of disease, which result in that …
Persistent link: https://www.econbiz.de/10013057800
of inherited wealth in Sweden over the past two hundred years. The trends in Sweden are similar to those in France and … nineteenth century because the country was so poor, Sweden is “un-European” today because so much wealth formation has taken …Inherited wealth has attracted much attention recently, much due to the research by Thomas Piketty (Piketty, 2011; 2014 …
Persistent link: https://www.econbiz.de/10013039645
We study the development of wealth concentration in Sweden over 130 years, from the beginning of industrialization … in Swedish wealth inequality is likely to be larger than what official estimates suggest. … until present day. Our series are based on a wide array of new evidence from estate- and wealth tax data, estimates of …
Persistent link: https://www.econbiz.de/10010320172
necessarily monotonic. Second, when income inequality is low, an increase in income inequality might induce the poor to identify …
Persistent link: https://www.econbiz.de/10010320104
Amidst considerable debate on the relationship between entrepreneurship and economic inequality, scholarship only …
Persistent link: https://www.econbiz.de/10013324194
We ask whether, as many seem to think, corruption worsens, and judicial accountability improves, inequality, and … accountability to gross-income inequality and consumption inequality. The study shows that corruption is negatively, and that … judicial accountability is positively, related to both types of inequality. The estimates are particularly pronounced in …
Persistent link: https://www.econbiz.de/10012845958
The objective of this paper is to study the dynamics of the wealth distribution over the path of economic development … characteristics shared by all countries. A historical account of the evolution of the wealth distribution in developed countries is … transition. The data used originates from the taxation of wealth and estates. …
Persistent link: https://www.econbiz.de/10010320107
We present new evidence on the influence of income inequality on generalized trust. Using individual panel data from … relationship between income inequality and trust is particularly strong for people with a strong aversion against income …
Persistent link: https://www.econbiz.de/10010320115
This study presents new homogenous series of top income shares in Sweden over the period 1903-2004. We find that …, starting from levels of inequality approximately equal to those in other Western countries at the time, the income share of the …. When included, Sweden's experience resembles that in the U.S. and the U.K. with sharp increases in top incomes. Excluding …
Persistent link: https://www.econbiz.de/10010320074
Realized capital gains are typically disregarded in the study of income inequality. We show that in the case of Sweden … surge in capital gains-driven inequality in Sweden since the 1980s. While there are no evident changes in terms of who earns … this severely underestimates the actual increase in inequality and, in particular, top income shares during recent decades …
Persistent link: https://www.econbiz.de/10010320194