This paper investigates the possibility that wealth (holdings of money) serves as a signal of ability to produce high … quality products for agents who cannot directly observe the quality of the products. A producer’s wealth may advertise past … such signaling effects may arise in equilibrium and may lead to more unequal distributions of wealth and lower welfare than …

Private wealth is a crucial factor for the economic well-being of households. Key determinants of private wealth … include intergenerational wealth transfers (gifts and inheritances), which are gaining importance since 1990, as research … suggests. We conduct a detailed investigation of the distribution of wealth transfers in eight Euro-area countries. First, we …

Private wealth is a crucial factor for the economic well‐being of households. Key determinants of private wealth … include intergenerational wealth transfers (gifts and inheritances), which are gaining importance since 1990, as research … suggests. We conduct a detailed investigation of the distribution of wealth transfers in eight Euro‐area countries. First, we …

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 …-economic characteristics such as income, wealth and age? What is the weight of housing in households’ balance sheets and how does this vary …

Wealth is very unequally distributed in Germany. To effect a long-term reduction, the new Federal Government could …. However, a universal capital endowment could decrease wealth inequality much more rapidly and successfully. In this report, a … recurrent wealth tax on the ultra wealthy, and taxing real estate properties more effectively. A universal capital endowment …

attainment independently predict household wealth in the Health and Retirement Study (HRS). This relationship is partly explained … gradient in wealth.We show that individuals with lower genetic scores are more prone to reporting "extreme beliefs" (e … wealth disparities not only through education and higher earnings, but also through their impact on the ability to process …

If Piketty's main theoretical prediction (r>g leads to rising wealth inequality) is taken to its radical conclusion …, then a small elite will own all wealth if capitalism is left to its own devices. We formulate and calibrate a Post …-Keynesian model with an endogenous distribution of wealth between workers and capitalists which permits such a corner solution of all …

wealth were excluded from observed wealth holdings. A comparison of this approach with the replacement rate approach commonly … English couple households born in the 1940s. Here, 'optimal' wealth holdings are those that allow households to enjoy the same … calculate this level of wealth, and compare that with how much wealth households are observed to hold. We find that the majority …

This paper examines long-term trends in aggregate wealth and inheritance and in their distributions, focusing on … developed economies. A key stylized fact is that wealth is less equally distributed than income. Financial assets predominate … among the wealthy, while owner-occupied housing is crucial for middle groups, so higher stock prices raise wealth inequality …

Taking survey data on household wealth as our major example, this short paper discusses some of the issues applied …