the rising trends in wealth-to-income ratios, housing wealth, and wealth inequality, that have been documented in most …

inheritance. Wealth–income ratios, inherited wealth, and wealth inequalities were high in the eighteenth to nineteenth centuries … show that over a wide range of models, the long-run magnitude and concentration of wealth and inheritance are an increasing … current trends toward rising wealth–income ratios and wealth inequality might continue during the twenty-first century, both …

affected by inheritance distribution. The relative attraction derived from inherited wealth and acquired human capital in …, covering both labor income and inheritance. This paper studies the concentration and substitutability of these two traits in … outcomes seen in France. By assuming a sequential revelation of inheritance and labor income in marital sorting, we develop a …

high correlation between earnings and wealth in the data, as well as the fact that earnings are a major source of income … for top income and wealth groups. … bequests as potential determinants of the high level of wealth concentration in the US. Analyzing the joint distribution of …

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 … or rose. Aggregate wealth-to-income ratios have fluctuated, re-flecting both market and policy influences, whereas …

distributed than income, and points to a long term downward trend in wealth inequality over most of the twentieth century. We also … differences, but inheritance is also widely recognised as playing a major role, especially at the upper end of the wealth range. A …This chapter is concerned with the distribution of personal wealth, which usually refers to the material assets that …