the tax reduces the aggregate value of wealth, and if the proceeds of the tax are distributed to workers, their income and … formulae describing the equilibrium fraction of wealth held by life-cycle savers. Using these formulae, we ascertain the … proceeds are paid out to workers) is so shifted that capitalists are unaffected and that workers' income (after transfers) and …

, bequests, inheritances, inter vivos gifts) and wealth. The main message may be summarized as follows. Empirical evidence on … direction of (1) mixed motives (2) heterogeneity of preferences and (3) importance of retaining control over wealth. These … focus on understanding implications of inequality of inherited wealth: the topic that has been neglected in the past, even …

Using panel data for a sample of households in Utah from 1850 to 1900 we find income and wealth age profiles that are … a relationship between age-income and age-wealth profiles that is consistent with a life-cycle model of consumption … given a concave and peaked age-income profile: households accumulate and then begin to draw down wealth holdings, the age-wealth …

lower income halves of our sample; that people who do not have children reduce their homeownership more slowly than those …This paper examines the degree to which the elderly reduce homeownership as they age, and the factors which influence … this process. We find that average levels of homeownership decline significantly with age, even when cohort effects are …

magnitude of intergenerational transfers provides aid in determining how much outstanding wealth is obtained through … intergenerational transfers, an issue of current controversy. In both Japan and the United States, a substantial portion of wealth, and …

Using data from both the Survey of Consumer Finances (SCF) and the Panel Study of Income Dynamics (PSID), we found that … wealth transfer and these accounted for about a quarter of their net worth. Over the lifetime, about 30 percent of households … could expect to receive a wealth transfer and these would account for close to 40 percent of their net worth near time of …

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 …

. Greater wealth mobility in recent decades is also consistent with the simultaneous rise in top income shares and relatively …The extent of and changes in inter-generational mobility of wealth are central to understanding dynamics of wealth …-made wealth in the economy and thus the gender-composition of the wealthiest may serve as a proxy for inter-generational wealth …

. We disentangle, roughly, the contribution of inheritance, age and stochastic rates of capital return to wealth inequality …We present a mechanism to analytically generate a double Pareto distribution of wealth in a continuous time OLG model …, in particular to the Gini coefficient. We investigate the role of the fiscal and redistributive policies for wealth …