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 …

This paper uses administrative tax data to estimate top wealth in the United States. We assemble new data that links … that twenty percent of total pass-through business wealth accrues to those with losses. We combine this new data on fixed … income and pass-through business returns with refined estimates of C-corporation equity, housing, and pension wealth to …

Income volatility and wealth volatility are central objects of investigation for the literature on income and wealth … U.S. over the last two decades. Contrary to our expectations, we find that in both countries wealth volatility reaches …

Wealth varies considerably across the population and changes significantly over the lifecycle. In this paper, we trace … out trajectories of wealth across several key life milestones, including marriage, homeownership, childbirth, divorce … the milestone. We find evidence of significant long-run increases in wealth associated with homeownership and retirement …

This paper presents new homogeneous series on top wealth shares from 1916 to 2000 in the United States using estate tax … return data. Top wealth shares were very high at the beginning of the period but have been hit sharply by the Great … wealth shares recovered in the early 1980s, but they are still much lower in 2000 than in the early decades of the century …