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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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, income and welfare state policies in explaining differences in household net wealth within and between euro area countries … households' relative wealth position show that, on average, having received an inheritance lifts a household by about 14 net … wealth percentiles. At the same time, each additional percentile in the income distribution is associated with about 0.4 net …
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affected by inheritance distribution. The relative attraction derived from inherited wealth and acquired human capital in …, covering both labor income and inheritance. This paper studies the concentration and substitutability of these two traits in … outcomes seen in France. By assuming a sequential revelation of inheritance and labor income in marital sorting, we develop a …
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high correlation between earnings and wealth in the data, as well as the fact that earnings are a major source of income … for top income and wealth groups. … bequests as potential determinants of the high level of wealth concentration in the US. Analyzing the joint distribution of …
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