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In this paper, I analyze detailed data on intergenerational transfers in 4 countries (China, India, Japan, and the … 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 …
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Between 1953 and 1985 India implemented various progressive taxes on personal wealth. I use estate tax returns to … compute top wealth shares (top 1%, top 0.1% and top 0.01%) over 1966- 1985; a period marked explicitly by a dirigiste policy … environment. These new series suggest that wealth concentration in India reduced substantially during the 1970s. Although the …
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