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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 … while house price increases do the opposite. Inheritances exacerbate absolute wealth inequality but reduce rel …
Persistent link: https://www.econbiz.de/10014564314
relatively income rich households accumulated new wealth. In the postwar period, the entire top decile lost out relative to the … in Swedish wealth inequality is likely to be larger than what official estimates suggest. …We study the development of wealth concentration in Sweden over 130 years, from the begin-ning of industrialization …
Persistent link: https://www.econbiz.de/10010281378
The objective of this paper is to study the dynamics of the wealth distribution over the path of economic development … characteristics shared by all countries. A historical account of the evolution of the wealth distribution in developed countries is … transition. The data used originates from the taxation of wealth and estates. …
Persistent link: https://www.econbiz.de/10010320107
relatively income rich households accumulated new wealth. In the postwar period, the entire top decile lost out relative to the … in Swedish wealth inequality is likely to be larger than what official estimates suggest. …We study the development of wealth concentration in Sweden over 130 years, from the beginning of industrialization …
Persistent link: https://www.econbiz.de/10010320172
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 …
Persistent link: https://www.econbiz.de/10011346682
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 …
Persistent link: https://www.econbiz.de/10011300727
This paper analyzes new evidence on long-run trends in aggregate wealth accumulation and wealth inequality in Western … countries. The new findings suggest that wealth-income ratios were lower before World War I than previously claimed, that wealth … concentration fell over the past century and has remained low in Europe but increased in the United States, that wealth has changed …
Persistent link: https://www.econbiz.de/10012660134
This paper analyzes new evidence on long-run trends in aggregate wealth accumulation and wealth inequality in Western … countries. The new findings suggest that wealth-income ratios were lower before World War I than previously claimed, that wealth … concentration fell over the past century and has remained low in Europe but increased in the United States, that wealth has changed …
Persistent link: https://www.econbiz.de/10012649784
This paper analyzes new evidence on long-run trends in aggregate wealth accumulation and wealth inequality in Western … countries. The new findings suggest that wealth-income ratios were lower before World War I than previously claimed, that wealth … concentration fell over the past century and has remained low in Europe but increased in the United States, that wealth has changed …
Persistent link: https://www.econbiz.de/10013323085
aggregate importance of inherited wealth and its link to inequality of opportunity significantly increases the support for …We study how attitudes to inheritance taxation are influenced by information about the role of inherited wealth in …. Changes in the perceived economic importance of inherited wealth and altered views on whether luck matters most for economic …
Persistent link: https://www.econbiz.de/10011966731