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 …

of Wealth: A Simulation Model; 4. The Importance of Material Inheritance: The Financial Link between Generations; 5. The …Modeling the Distribution and Intergenerational Transmission of Wealth; Contents; Introduction; 1. Long-Term Trends in … American Wealth Inequality; 2. The Wealth of Testators and Its Distribution: Butler County, Ohio, 1803-65; 3. The Perpetuation …

This paper examines long-term trends in aggregate wealth and inheritance and in their distributions, focusing on … developed economies. A key stylized fact is that wealth is less equally distributed than income. Financial assets predominate … or rose. Aggregate wealth-to-income ratios have fluctuated, reflecting both market and policy influences, whereas …

Using panel data for a sample of households in Utah from 1850 to 1900 we find income and wealth age profiles that are … a relationship between age-income and age-wealth profiles that is consistent with a life-cycle model of consumption … given a concave and peaked age-income profile: households accumulate and then begin to draw down wealth holdings, the age-wealth …

Using panel data for a sample of households in Utah from 1850 to 1900 we find income and wealth age profiles that are … a relationship between age-income and age-wealth profiles that is consistent with a life-cycle model of consumption … given a concave and peaked age-income profile: households accumulate and then begin to draw down wealth holdings, the age-wealth …