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households' relative wealth position show that, on average, having received an inheritance lifts a household by about 14 net …Using microdata from the Household Finance and Consumption Survey (HFCS), this study examines the role of inheritance …, income and welfare state policies in explaining differences in household net wealth within and between euro area countries …
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the rising trends in wealth-to-income ratios, housing wealth, and wealth inequality, that have been documented in most …
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affected by inheritance distribution. The relative attraction derived from inherited wealth and acquired human capital in …As the importance of capital is resurging in rich countries, the dynamics of wealth inequality are being increasingly …, covering both labor income and inheritance. This paper studies the concentration and substitutability of these two traits in …
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bequests as potential determinants of the high level of wealth concentration in the US. Analyzing the joint distribution of …. Nonetheless, concentration of labor earnings is the primary source of wealth concentration in the US. This finding reflects the … high correlation between earnings and wealth in the data, as well as the fact that earnings are a major source of income …
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