light on the impact of intergenerational transfers on household wealth disparities and on possible reasons for the … substantial differences in household wealth disparities among the 4 countries. Almost all of the evidence I present suggests that … intergenerational transfers have a disequalizing impact on household wealth disparities and promote the transmission of household wealth …

with the inheritance of employers that have different intergenerational earnings elasticities. The model also demonstrates … that the inheritance of employers plays a role in understanding observed nonlinearities …

Countries in which billionaire heirs' wealth is large relative to G.D.P. grow more slowly, show signs of more political … in which self-made entrepreneur billionaire wealth is large relative to G.D.P. grow more rapidly and show fewer signs of …

Countries in which billionaire heirs' wealth is large relative to G.D.P. grow more slowly, show signs of more political … in which self-made entrepreneur billionaire wealth is large relative to G.D.P. grow more rapidly and show fewer signs of …