Gregg, Paul; Kanabar, Ricky - 2021
We document the intergenerational persistence of wealth between adult offspring and their parent's using the Wealth and … Assets Survey for Great Britain. We estimate an intergenerational wealth elasticity of 0.4 and rank-rank elasticity of 0 ….3 and find wealth persistence for individuals in their 60s is lower than for those currently aged in their 30s and early 40s …