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Wealth Distribution within Couples
Grabka, Markus - 2013
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-Economic Panel Study (SOEP). In married and cohabiting...
Persistent link: https://www.econbiz.de/10013074897
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Intra-Household Wealth and Welfare Inequality in the US : Estimations from a Collective Model of Labor Supply
Molina, Jose Alberto - 2018
This paper analyzes the intra-household distribution of wealth and welfare in the United States, within a theoretical … framework based on a collective model of labor supply, where household decisions are Pareto efficient, and spouses negotiate a … 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
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Capital Income Risk and the Dynamics of the Wealth Distribution
Khieu, Hoang - 2018
In this paper, we develop and numerically solve a model of idiosyncratic labour income and idiosyncratic interest rates to predict the evolution of a wealth distribution over time. Stochastic labour income follows a deterministic growth trend and it fluctuates between a wage and unemployment...
Persistent link: https://www.econbiz.de/10012909981
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Importing Inequality : Immigration and the Top 1 Percent
Advani, Arun - 2020
In this paper we study the contribution of migrants to the rise in UK top incomes. Using administrative data on the universe of UK taxpayers we show migrants are over-represented at the top of the income distribution, with migrants twice as prevalent in the top 0.1% as anywhere in the bottom...
Persistent link: https://www.econbiz.de/10012822457
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Long-Run Trends in the Distribution of Income and Wealth
Roine, Jesper - 2014
This paper reviews the long run developments in the distribution of personal income and wealth. It also discusses suggested explanations for the observed patterns. We try to answer questions such as: What do we know, and how do we know, about the distribution of income and wealth over time? Are...
Persistent link: https://www.econbiz.de/10013054572
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Modelling the Joint Distribution of Income and Wealth
Jantti, Markus - 2015
income and wealth inequality in five OECD countries using comparable household-level survey data. We focus on the dependence …
Persistent link: https://www.econbiz.de/10013016307
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Multidimensional Affluence in Income and Wealth in the Eurozone : A Cross-Country Comparison Using the HFCS
Kontbay-Busun, Sine - 2015
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...
Persistent link: https://www.econbiz.de/10013016356
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Wealth Inequality in Sweden : What Can We Learn from Capitalized Income Tax Data?
Lundberg, Jacob - 2016
This paper presents new estimates of wealth inequality in Sweden during 2000–2012, linking wealth register data up to 2007 and individually capitalized wealth based on income and property tax registers for the period thereafter when a repeal of the wealth tax stopped the collection of...
Persistent link: https://www.econbiz.de/10012992759
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Multidimensional Measurement of Richness : Theory and an Application to Germany
Peichl, Andreas - 2010
Closely following recent innovations in the literature on the multidimensional measurement of poverty, this paper provides similar measures for the top of the distribution using a dual cutoff method to identify individuals, who can be considered as rich in a multidimensional setting. We use this...
Persistent link: https://www.econbiz.de/10013146473
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Does Wealth Inequality Matter for Growth? The Effect of Billionaire Wealth, Income Distribution, and Poverty
Bagchi, Sutirtha - 2014
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 inequality from Forbes magazine's listing of billionaires and...
Persistent link: https://www.econbiz.de/10013061938