Empirical evidence suggests that parents who have themselves inherited from their own parents are more likely to leave an estate to their children even after controlling for income, wealth and education. This implies an indirect reciprocal behavior between three generations by transmitting the...

The study of inequality, polarization and poverty is crucial for understanding the economic well-being of the population of a country. Conceptual and methodological advances and better data have provided better insights into these issues in recent years, and it is the objective of the book to...

What is the relationship between the introduction of defined-contribution accounts into public pension systems and changes in elderly poverty and income inequality?*** The present study examines the current state of knowledge with regard to these relationships. The study is divided into four...

The earliest age at which women can receive a state pension in the UK (the "state pension age") has been increasing since 2010. We use a difference-in-differences methodology, exploiting the gradual increase from age 60 in 2010 to age 63 in 2016, to estimate the impact of the reform on women's...