Similar Search Results

Income Polarization in the United States

Alichi, Ali - 2016

The paper uses a combination of micro-level datasets to document the rise of income polarization - what some have referred to as the 'hollowing out' of the income distribution - in the United States, since the 1970s. While in the initial decades more middle-income households moved up, rather...

Persistent link: https://www.econbiz.de/10012977856

Gesamtwirtschaftliche Einflüsse auf das Sparverhalten privater Haushalte

Otterbach, Andreas - 1996

Persistent link: https://www.econbiz.de/10012699615

Distribution, wealth and demand regimes in historical perspective : USA, UK, France and Germany, 1855-2010

Stockhammer, Engelbert; Rabinovich, Joel; Reddy, Niall - 2018

until 2010 for the UK, France, Germany and USA, based on the dataset of Piketty and Zucman (2014). We contribute to the post … effects are found to be positive and significant for consumption in the USA and UK, but weaker in France and Germany …. Investment is negatively affected by private wealth in the USA and the UK, but positively in France and Germany. …

Persistent link: https://www.econbiz.de/10011924602

The impact of intergenerational transfers on the distribution of wealth : an international comparison

Horioka, Charles - 2024

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 conducted by the Institute of Social and Economic Research...

Persistent link: https://www.econbiz.de/10015066903

The impact of intergenerational transfers on household wealth inequality in Japan and the United States

Niimi, Yoko; Horioka, Charles - 2016

their children than those who do not using data for Japan and the United States. The estimation results show that the …

Persistent link: https://www.econbiz.de/10011537589

Wealth distribution and optimal inheritance taxation in life-cycle economies with intergenerational transfers

Heer, Burkhard - 2000

We introduce intergenerational transfers into a general equilihrium life-cycle model in order to explain observed levels of wealth heterogeneity. In our overlapping generations model, heterogenous agents face uncertain lifetime and leave both accidental and voluntary bequests to their cinldren....

Persistent link: https://www.econbiz.de/10010440978

The role of credit on the evolution of wealth inequality in the USA

Oviedo Moguel, Rodolfo - 2020

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 paper contributes to understanding the causes behind this increase. First, using an accounting decomposition, I show that more than half of the increase in the share of the top 1%...

Persistent link: https://www.econbiz.de/10012318998

The role of permanent income and demographics in black-white differences in wealth

Altonji, Joseph G.; Doraszelski, Ulrich - 2003

Persistent link: https://www.econbiz.de/10001760045

The role of permanent income and demographics in black/white differences in wealth

Altonji, Joseph G.; Doraszelski, Ulrich - 2002

We explore the extent to which the huge race gap in wealth can be explained with properly constructed income and demographic variables. In some instances we explain the entire wealth gap with income and demographics provided that we estimate the wealth model on a sample of whites. However, we...

Persistent link: https://www.econbiz.de/10011610649

Accounting for wealth concentration in the US

Kaymak, Barıș; Leung, David; Poschke, Markus - 2020

The recent literature has argued for high concentration of earnings, differences in rates of return on assets and bequests as potential determinants of the high level of wealth concentration in the US. Analyzing the joint distribution of earnings, capital income and net worth, we find evidence...

Persistent link: https://www.econbiz.de/10012194632