The role of inherited wealth in modern economies has increasingly become under scrutiny. This study presents one of the … share of total wealth in a given economy. Thus, aging is not likely to explain a recent surge in this share in some advanced …

The role of inherited wealth in modern economies has increasingly become under scrutiny. This study presents one of the … share of total wealth in a given economy. Thus, aging is not likely to explain a recent surge in this share in some advanced …

inequality. In high income countries, the evidence that income (wealth) does have a causal impact on health in adulthood is weak …

education and wealth increasing or decreasing in the 20-year interval between 1991 and 2010?'. Horizontal inequality in … other sub-national regions. However, Tanzanian society is becoming more unequal in wealth with rising wealth inequality …

Using new long-run microdata, this paper studies wealth and income trends of college and noncollege households in the … United States since 1956. We document the emergence of a substantial college wealth premium since the 1980s, which is … considerably larger than the college income premium. Over the past four decades, the wealth of American households with a …

the acquisition of wealth by low- and moderate-income families, worsening inequality in general and the racial wealth gap … in particular. Most families have no meaningful financial assets other than their social security wealth. Unlike other … retirement savings, however, social security wealth is “dead capital,” completely inaccessible to families in need of resources …

This paper studies the heterogeneity of the marginal propensity to consume out of wealth based on French household … surveys. This heterogeneity is driven by differences in both wealth composition and wealth levels. We find a decreasing … marginal propensity to consume out of wealth across the wealth distribution for all net wealth components. The marginal …