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If Piketty's main theoretical prediction (r>g leads to rising wealth inequality) is taken to its radical conclusion … transitional phase of increasing wealth inequality, which characterizes the current state of high-income countries: The wealth … share of capitalists rises to over 60%, the wealth-to-income ratio increases, and income inequality rises. Finally, we show …
Persistent link: https://www.econbiz.de/10011958545
If Piketty's main theoretical prediction (r>g leads to rising wealth inequality) is taken to its radical conclusion … transitional phase of increasing wealth inequality, which characterizes the current state of high-income countries: The wealth … share of capitalists rises to over 60%, the wealth-to-income ratio increases, and income inequality rises. Finally, we show …
Persistent link: https://www.econbiz.de/10011927150
Persistent link: https://www.econbiz.de/10012423791
among the wealthy, while owner-occupied housing is crucial for middle groups, so higher stock prices raise wealth inequality … while house price increases do the opposite. Inheritances exacerbate absolute wealth inequality but reduce rel …-ative inequality. Wealth inequality declined in advanced Western countries during the first half of the 20th century, then stabilized …
Persistent link: https://www.econbiz.de/10014564314
This report gives a new and up-to-date picture of the giving and receiving of significant intergenerational wealth … transfers during life, summarising the findings of two research papers. New data from the Wealth and Assets Survey (WAS) allow … us to build a comprehensive picture of the flow of wealth transfers made during life. The WAS asks about the giving and …
Persistent link: https://www.econbiz.de/10014470174
Many families have little or no savings to access on a 'rainy day'. We examine the types of families with low savings and what the consequences are.
Persistent link: https://www.econbiz.de/10014470195
backgrounds, and shed light on their role in explaining inequalities in homeownership and wealth. …
Persistent link: https://www.econbiz.de/10014470201
Using data from the Survey of Consumer Finances, this paper updates and extends previous research on the racial wealth … gap in the United States. We explore several hypotheses that help explain differential wealth accumulation by racial … to the literature. We find that observable factors account for the entire wealth gap between white and Hispanic families …
Persistent link: https://www.econbiz.de/10012131621
residential mobility? iv) Is there a link between homeownership and wealth inequality? Between inequality in housing wealth and in …This paper produces new evidence and stylised facts on housing, wealth accumulation and wealth distribution, relying on … an in-depth analysis of micro-based data on household wealth across OECD countries. The analysis addresses several …
Persistent link: https://www.econbiz.de/10012202943
Persistent link: https://www.econbiz.de/10012116397