Showing 1 - 10 of 59
We examine the gender wealth gap with a focus on pension wealth and statutory pension rights. By taking into account … rights reduces the gender wealth gap. The data for our analysis come from the German Socio-Economic Panel (SOEP), one of the … few surveys collecting information on wealth and pension entitlements at the individual level. Pension wealth data are …
Persistent link: https://www.econbiz.de/10014076713
lifetime resources (income and wealth) motivated by economic theory that account for generational differences in life … wage income and disposable income measured over narrow windows of age that are used to proxy lifetime wealth. The …
Persistent link: https://www.econbiz.de/10014078013
Inflows; this is true across the distribution of Total Inflows, as well as at all levels of net wealth.Gifts and inheritances … mitigate wealth inequality …
Persistent link: https://www.econbiz.de/10014083901
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/10014084056
This paper revisits the standard model of labor supply under two additional assumptions: consumption requires time and some limited amount of work is enjoyable. Whereas introducing each assumption without the other one does not produce novel insights, combining them together does if the wage...
Persistent link: https://www.econbiz.de/10012963868
This paper holistically addresses the effective (relative) income tax contribution of a given in-come (or, wealth … national income (or wealth) appropriated by the same income group. In turn, we develop the Fiscal Inequality Coefficient which … compares the effective percentage income tax payments of pairs of income (or wealth) groups. Using data for the US, we …
Persistent link: https://www.econbiz.de/10012948621
focus of the paper is on transitional dynamics under different initial wealth levels. Whether an initially small business … toward the informal sector even though the initial wealth level is high. Lowering taxes on formal activity joined with strict …
Persistent link: https://www.econbiz.de/10012979858
This study estimates intergenerational correlations in mid-life wealth across three generations, and a young fourth … on parents' wealth, grandparents' wealth is weakly positively associated with grandchild's wealth and the parent …-child correlation is basically unchanged if we control for grandparents' wealth. Bequests and gifts strikingly account for at least 50 …
Persistent link: https://www.econbiz.de/10012985275
This paper analyzes the intra-household distribution of wealth and welfare in the United States, within a theoretical … leads to wealth inequalities. However, the intra-household processes appear to be efficient in terms of welfare, as … spouses' estimated indirect utility. Our results shed light on the spouses' wealth shares and the sharing rule guiding the …
Persistent link: https://www.econbiz.de/10012912744
This paper examines the influence of parental wealth and income on children's college attendance and parental financing … parents and children. We find that higher levels of parents' wealth and income increase the likelihood that children attend … college with financial support relative to not attending college, and that parental wealth increases the likelihood that …
Persistent link: https://www.econbiz.de/10012909979