Showing 1 - 10 of 294
The role of inherited wealth in modern economies has increasingly come under scrutiny. This study presents one of the … share of total wealth in a given economy. Thus, aging is not likely to explain a recent surge in this share in some advanced …
Persistent link: https://www.econbiz.de/10012968720
variability of social capital as wealth. The analysis is used to argue, given what has been learned from the literature on social … Gallup World Poll, the paper presents a range of estimates of the wealth-equivalent values of social trust. Such values are … usually not included in national or global accounts of income and wealth. In the light of the estimated importance of social …
Persistent link: https://www.econbiz.de/10012968746
This paper provides new empirical insights on the joint distribution of consumption, income, and wealth in three of the … that while income inequality is similar to that of the United States (US), wealth inequality is barely one-third that of … SSA as in the US, the share of total wealth accumulated by the income-rich in SSA is one-fifth of its US counterpart. The …
Persistent link: https://www.econbiz.de/10012971514
While self-assessments of welfare have become popular for measuring poverty and estimating welfare effects, the methods can be deceptive given systematic heterogeneity in respondents'scales. Little is known about this problem. This study uses specially-designed surveys in three countries,...
Persistent link: https://www.econbiz.de/10012973670
Since income is the return on wealth, the total wealth of any given country should be on the order of 20 times its … implication is that the System of National Accounts wealth accounts are incomplete, with the most obvious omission being human …-income) countries yields a mean share of human capital in total wealth of 62 percent -- four times the value of produced capital and 15 …
Persistent link: https://www.econbiz.de/10012974520
This paper analyzes to what extent, and under what conditions, an increase in household wealth affects the use of child … program transfers wealth to poor families in rural areas, conditional on children's school attendance and health check-ups. In … addition, for one third of the beneficiaries, there is a further wealth transfer to start a non-agricultural business. The …
Persistent link: https://www.econbiz.de/10012975476
Existing wealth estimates show that in most countries intangible capital is the largest share of total wealth …. Intangible capital is calculated as the difference between total wealth and tangible (produced and natural) capital. This paper … uses new estimates of total wealth, natural capital, and physical capital for a panel of countries to shed light on the …
Persistent link: https://www.econbiz.de/10012976330
The paper uses a detailed household survey to document precautionary wealth accumulation in Afghanistan, with wealth … is also lower for these households. There is no significant difference in the wealth response to income uncertainty … across high- and low-conflict provinces. However, the constituents of precautionary wealth vary drastically. While households …
Persistent link: https://www.econbiz.de/10012918376
In 2013, the Board of Executive Directors of the World Bank Group endorsed two ambitious goals: eliminating extreme poverty in the world by 2030 and boosting shared prosperity. The latter is defined as fostering the growth in the income of the poorest 40 percent of the population in each...
Persistent link: https://www.econbiz.de/10012931053
This paper examines the extent to which the destination of exports matters for the input prices paid by firms, using detailed customs and firm-product-level data from Portugal. The authors use exchange rate movements as a source of variation in export destinations and find that exporting to...
Persistent link: https://www.econbiz.de/10012966023