In this paper, I analyze detailed data on intergenerational transfers in 4 countries (China, India, Japan, and the … United States) from the "Japan Household Panel Survey on Consumer Preferences and Satisfaction (JHPS-CPS)" which has been … light on the impact of intergenerational transfers on household wealth disparities and on possible reasons for the …

a sniall proportion of ohserved wealth heterogeneitv. The introduction of an inheritance tax increases both welfare are … levels of wealth heterogeneity. In our overlapping generations model, heterogenous agents face uncertain lifetime and leave … measured by the average value of the newborn and equality of the wealth distribution. Preliminary versions of this paper have …

To help shed light on the implications of intergenerational transfers for wealth inequality, this paper examines … their children than those who do not using data for Japan and the United States. The estimation results show that the … bequests to their own children in both Japan and the United States, which in turn is likely to contribute to the persistence or …

that these broadly held resources substitute for savings, measures of wealth inequality that do not account for DB pensions … this expanded wealth concept to explore the concentration of wealth among households aged 40 to 59 and find that (1 … States. However, these illiquid, non-market forms of wealth are typically excluded from measures of net worth. To the extent …

children in both Japan and the United States, which in turn is likely to contribute to the persistence or widening of wealth …To help shed light on the implications of intergenerational transfers for wealth inequality, this paper uses data for … Japan and the United States to examine whether individuals who receive intergenerational transfers from their parents are …

To help shed light on the implications of intergenerational transfers for wealth inequality, we use data for Japan and … children in both Japan and the United States, which in turn is likely to contribute to the persistence or widening of wealth … help alleviate the disequalizing effect of intergenerational transfers on the distribution of wealth, at least to some …

To help shed light on the implications of intergenerational transfers for wealth inequality, this paper examines … their children than those who do not using data for Japan and the United States. The estimation results show that the … bequests to their own children in both Japan and the United States, which in turn is likely to contribute to the persistence or …

the economy. This shock can simultaneously match the increase in wealth concentration and the decrease of the saving rate …In the USA, the share of household wealth held by the richest 1% increased from 23.5% in 1980 to 41.8% in 2012. This … more than half of the increase in the share of the top 1% can be attributed to a decrease in the saving rate of the bottom …

declined from cohort to cohort while wealth inequality within birth cohorts increased markedly. A synthetic saving approach …, importantly, declining saving rates. We find no evidence that shifts in wealth accumulation preferences, observable household …We use recently published long-run microdata (SCF+) to investigate generational wealth dynamics in the U.S. over the …