Showing 1 - 10 of 1,896
as the capitalized sum of net labor income, government transfers, and gifts and inheritances received over the period … Inflows; this is true across the distribution of Total Inflows, as well as at all levels of net wealth.Gifts and inheritances … are only an important source of income flows among those who have very wealthy parents. Additionally, gifts and …
Persistent link: https://www.econbiz.de/10014083901
This paper analyzes the intra-household distribution of wealth and welfare in the United States, within a theoretical … sharing rule for non-labor income. Using the American Time Use Survey for the years 2003 to 2015, estimates show a positive … wives tend to be more altruistic in comparison to their husbands regarding the intra-household allocation of income, which …
Persistent link: https://www.econbiz.de/10012912744
consequences for wealth accumulation, particularly for those at the bottom of the income distribution …In this paper, we show that, in terms of real disposable income, changes in housing expenditures dramatically … exacerbate the trend of income inequality that has risen sharply in Germany since the mid-1990s. More specifically, whereas the …
Persistent link: https://www.econbiz.de/10012906517
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/10012995595
Charitable bequests are a major source of income for charities but surprisingly little is known about them. The aim of … the relationship with wealth at death, on the form of the bequest, and on the different causes to which people bequeath …
Persistent link: https://www.econbiz.de/10013097210
The rising importance of bequests as a source of personal income lead to renewed interest in the taxation of wealth … almost exclusively occurs for donors rather than recipients of wealth transfers. Beyond, tax planning is more prevalent for …
Persistent link: https://www.econbiz.de/10012943696
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
with the inheritance of employers that have different intergenerational earnings elasticities. The model also demonstrates … that the inheritance of employers plays a role in understanding observed nonlinearities …
Persistent link: https://www.econbiz.de/10013144694
This paper describes trends in parental wealth homogamy among union cohorts formed between 1987 and 2013 in Denmark …. Using high-quality register data on the wealth of parents during the year of partnering, we show that the correlation … between partners' levels of parental wealth is considerably lower compared to estimates from earlier research on other …
Persistent link: https://www.econbiz.de/10012840447
This paper applies multidimensional affluence measures to a new dataset on income and wealth in 15 Eurozone countries …. We start our analysis by examining the income and wealth distributions separately for each country, and extend it to a … multidimensional setting by considering the joint distribution of income and wealth. The results indicate that, with the exception of …
Persistent link: https://www.econbiz.de/10013016356