Education and wealth are positively correlated for individuals approaching retirement, but the direction of the causal … wealth with a reform expanding access to lower secondary school in Denmark in the 1950s, finding that schooling increases … pension annuity claims but reduces the non-pension wealth of men in their 50's. These effects grow stronger as normal …

findings indicate that family wealth inequality - even in a comparatively egalitarian context like Sweden - has profound …-term consequences of wealth inequality may be conservative for nations other than Sweden, like the U.S., where family wealth - in …We study the role of family wealth for children's educational achievement using novel and unique Swedish register data …

Piketty (2017) argues in favor of a multidimensional and relational approach to the analysis of wealth inequality … countries. We discuss many potential advantages of this class typology in measuring and analyzing wealth and wealth inequality … approach by focusing on different functions of wealth. We operationalize functions of wealth by empirically analyzing the …

Retirement wealth is often viewed as a great equalizer, offsetting the inequality in standard household net worth. One … considerably weaker offsetting effect on wealth inequality in 2001 than in 1983. Whereas standard net worth inequality increased … modestly between 1983 and 2001, the inequality of augmented wealth (the sum of retirement wealth and net worth) surged from …

education arising from a Swedish compulsory schooling reform in the 1950s and 1960s, and the wealth holdings of the population …

household's total command over economic resources in the six years between 1999 and 2005. Although inequality in economic well …

evolution of wealth inequality measures. Our findings suggest that expansionary monetary policy shocks lead to an increase in … wealth inequality and contributed significantly to its fluctuations. This effect is heterogenous across the wealth …We use detailed micro information at household level from the Wealth and Assets Survey to construct measures of wealth …

In this paper, I study the role of housing for wealth accumulation and the determination of the equilibrium real … between 1980 and 2018 of almost 4 percentage points (pp), an increase in the wealth-to-income ratio of almost 250 pp and an … increase in the share of housing wealth of almost 8 pp. All of these patterns are broadly in line with the empirical …

This paper presents a comparative analysis of the approaches to poverty based on income and wealth that have been … proposed in the literature. Two types of approaches are considered: those that look at income and wealth separately when … argue that the higher correlation between income and wealth in the United States contributes to explaining the greater …

men who grew up in regions or periods with high levels of income inequality experienced less intergenerational mobility as …