This paper examines long-term trends in aggregate wealth and inheritance and in their distributions, focusing on … developed economies. A key stylized fact is that wealth is less equally distributed than income. Financial assets predominate … among the wealthy, while owner-occupied housing is crucial for middle groups, so higher stock prices raise wealth inequality …

Wealth and Income Database, we find strong long-run links between the aggregate role of capital in the economy and the size …

Wealth and Income Database, we find strong long-run links between the aggregate role of capital in the economy and the size …

This study estimates intergenerational correlations in mid-life wealth across three generations, and a young fourth … on parents' wealth, grandparents' wealth is weakly positively associated with grandchild's wealth and the parent …-child correlation is basically unchanged if we control for grandparents' wealth. Bequests and gifts strikingly account for at least 50 …

This study presents a new database, the Swedish National Wealth Database (SNWD), which contains annual data on private …, public and national wealth and sectoral saving rates in Sweden over the past two centuries. The paper reviews previous … investigations of national wealth, compares their estimates with the new ones and discusses method approaches and measurement …