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 … the SCF reporting a wealth transfer fell by 2.5 percentage points. The average value of inheritances received among all …

, 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 …

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 …

I find that median wealth plummeted over the years 2007 to 2010, and by 2010 was at its lowest level since 1969. The … in real terms by 25 percent. The sharp fall in median wealth and the rise in inequality in the late 2000s are traceable … ethnic disparity in wealth holdings, after remaining more or less stable from 1983 to 2007, widened considerably between 2007 …

the data and better fits the savings of the households at the bottom 60% of the wealth distribution …

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 …

We estimate the level and distribution of global household wealth. The levels of assets and debts for 39 countries are …-financial assets, and liabilities are studied empirically, and the results used to estimate average wealth holdings for countries … lacking direct evidence. Data on the pattern of household distribution of wealth are assembled for 20 countries, which …

median wealth plummeted by 44 percent over years 2007 to 2010. The inequality of net worth, after almost two decades of … in median net worth and the rise in overall wealth inequality over these years are largely traceable to the high leverage … of middle class families and the high share of homes in their portfolio. Mean and median wealth rebounded from 2010 to …

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