wealth and investment in health. Financial literacy is also correlated with wealth though it appears to be a weaker predictor …

found in the literature between cognitive ability, and in particular numeracy, and wealth, income constant. We have a number … suggest that causality is more likely to run from pension wealth to pension knowledge, rather than the other way around … forms of wealth. Rather, counting pensions in total wealth, those with more valuable pensions save more for retirement …

While financial knowledge is strongly positively related to household wealth, there is also considerable cross … cycle model featuring endogenous financial knowledge accumulation. The model generates substantial wealth inequality, over … wealth accumulation and thus financial knowledge. Our simulations show that endogenous financial knowledge accumulation has …

same time, the distribution of wealth is widely dispersed and many workers arrive on the verge of retirement with few or no … many determinants of wealth. Moreover, we discuss two channels through which financial literacy might facilitate wealth … savings plan has been shown to boost wealth. Overall, financial literacy, both directly and indirectly, is found to have a …

three main results. First, the scheme has doubled the number of highly paid foreigners in Denmark relative to slightly less …

Using Danish administrative data, we estimate the impact of bequests on the level and inequality of wealth. We employ … an event study design where we follow the distribution of wealth over time of people who are 45-50 years old, and divide … the average post-bequest wealth 1-3 years after parental death and significantly affect wealth throughout the distribution …

Using administrative wealth records from Denmark, we study the effects of wealth taxes on wealth accumulation. Denmark … used to impose one of the world's highest marginal tax rates on wealth, but this tax was drastically reduced and ultimately … abolished between 1989 and 1997. Due to the specific design of the wealth tax, these changes provide a compelling quasi …

the financial cost of refinancing). We estimate the model on high-quality administrative panel data from Denmark, where …

Focusing on bipolar disorder (BD), we investigate the link between mental health, creativity, and wealth. Analyzing … population data for Denmark, we find that people with BD are more likely to be musicians, but less likely to hold other creative … jobs. We also show people in the top decile of parental wealth are seven times as likely to work in creative professions …