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mitigate wealth inequality. … inequality. This paper uses administrative data for the population of Norway to examine the share of the Total Inflows (defined … Inflows; this is true across the distribution of Total Inflows, as well as at all levels of net wealth. Gifts and inheritances …
Persistent link: https://www.econbiz.de/10012882610
credit led to less intergenerational mobility and greater inequality. Two offsetting forces underlie this result: (1) greater …
Persistent link: https://www.econbiz.de/10014533887
-birth factors are important. However, once we condition on having positive financial wealth, we find that nurture has a much … and their adoptive children becomes very weak. We find similar results when we study the share of financial wealth that is …
Persistent link: https://www.econbiz.de/10011307396
Wealth is highly correlated between parents and their children; however, little is known about the extent to which … these relationships are genetic or determined by environmental factors. We use administrative data on the net wealth of a … relationship between the wealth of adopted and biological parents and that of the adopted child, we find that, even prior to any …
Persistent link: https://www.econbiz.de/10011307425
-of-the-envelope calculation suggests that dynastic home equity increases housing wealth inequality among young adults by 20%. … the importance of familial wealth for household wealth accumulation and housing wealth in particular. A back …
Persistent link: https://www.econbiz.de/10013351968
We study the distributional effect of a wage indexation mechanism - the Scala Mobile (SM) - that heavily compressed the distribution of Italian wages during the 1970s and 1980s. The SM imposed large real wage increases at the bottom of the distribution and was essentially irrelevant for...
Persistent link: https://www.econbiz.de/10011307481
recent decades have been: 1) Modest real wage growth; 2) Rising earnings inequality; and 3) Declining labor force …
Persistent link: https://www.econbiz.de/10012179969
With more than 29 million confirmed cases of Covid-19 in the U.S. and 119 million cases worldwide, the pandemic has affected companies, households and the global economy. We explore the effect of this health and economic shock on labor market outcomes, and the changes in labor market disparities...
Persistent link: https://www.econbiz.de/10012597418
-sectional inequality. …
Persistent link: https://www.econbiz.de/10011401648
Based on complete population data, with the exact same definitions of family class background and economic outcomes for a large number of birth cohorts, we examine post‐war trends in intergenerational economic mobility in Norway. Despite only mild fluctuations in standard rank‐based summary...
Persistent link: https://www.econbiz.de/10011653392