Showing 1 - 10 of 686
Strong intergenerational associations in wealth have fueled a longstanding debate over why children of wealthy parents … tend to be well off themselves. We investigate the role of family background in determining children's wealth accumulation … by Norwegian parents to a population panel data set with detailed information on disaggregated wealth portfolios and …
Persistent link: https://www.econbiz.de/10011814565
wealth levels and (ii) indirectly supporting wealth accumulation by impacting interest rates, borrowing, entrepreneurship …, and spending. A unique Danish policy setting allows me to identify intergenerational wealth transfers channeled through …
Persistent link: https://www.econbiz.de/10014472492
This study estimates intergenerational correlations in mid-life wealth across three generations, and a young fourth … on parents' wealth, grandparents' wealth is weakly positively associated with grandchild's wealth and the parent …-child correlation is basically unchanged if we control for grandparents' wealth. Bequests and gifts strikingly account for at least 50 …
Persistent link: https://www.econbiz.de/10011521103
This study estimates intergenerational correlations in mid-life wealth across three generations, and a young fourth … on parents' wealth, grandparents' wealth is weakly positively associated with grandchild's wealth and the parent …-child correlation is basically unchanged if we control for grandparents' wealth. Bequests and gifts strikingly account for at least 50 …
Persistent link: https://www.econbiz.de/10012985275
We present the first estimates of intergenerational wealth correlation for Australia, using HILDA. The rank correlation … varies greatly by child age when wealth is observed, from 0.1 before age 30, to 0.5 after age 40. Most children in our ….306. Wealth correlations are difficult to interpret and not well grounded in theory. We therefore also implement Boserup et al …
Persistent link: https://www.econbiz.de/10012649512
We study the role of family wealth for children's educational achievement using novel and unique Swedish register data …. In particular, we focus on the relationship between grandparents' wealth and their grandchildren’s educational … achievement. Doing so allows us to reliably establish the independent role of wealth in contributing to long-term inequalities in …
Persistent link: https://www.econbiz.de/10011697359
This study estimates intergenerational correlations in mid-life wealth across three generations, and a young fourth … on parents' wealth, grandparents' wealth is weakly positively associated with grandchild’s wealth and the parent …-child correlation is basically unchanged if we control for grandparents' wealth. Bequests and gifts strikingly account for at least 50 …
Persistent link: https://www.econbiz.de/10011850513
We present the first estimates of intergenerational wealth correlation for Australia, using HILDA. The rank correlation … varies greatly by child age when wealth is observed, from 0.1 before age 30, to 0.5 after age 40. Most children in our ….306. Wealth correlations are difficult to interpret and not well grounded in theory. We therefore also implement Boserup et al …
Persistent link: https://www.econbiz.de/10014084056
Rising wealth inequality has spurred an increased interest in understanding how and why wealth is correlated across … generations. We exploit plausibly exogenous variation in housing wealth driven by home price changes in different areas to isolate … the causal impact of parental housing wealth during different childhood periods on children's long-run wealth accumulation …
Persistent link: https://www.econbiz.de/10014364658
Rising wealth inequality has spurred an increased interest in understanding how and why wealth is correlated across … generations. We exploit plausibly exogenous variation in housing wealth driven by home price changes in different areas to isolate … the causal impact of parental housing wealth during different childhood periods on children's long-run wealth accumulation …
Persistent link: https://www.econbiz.de/10014338681