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We document the intergenerational persistence of wealth between adult offspring and their parent's using the Wealth and … Assets Survey for Great Britain. We estimate an intergenerational wealth elasticity of 0.4 and rank-rank elasticity of 0 ….3 and find wealth persistence for individuals in their 60s is lower than for those currently aged in their 30s and early 40s …
Persistent link: https://www.econbiz.de/10012584703
The rapid widening of intergenerational wealth inequalities has led to sharp differences in living standards in Great … Britain. Understanding which components of wealth are driving such inequalities is important for improving wealth and social … mobility. We show the change in the intergenerational persistence in wealth in Great Britain is due to inequality in offspring …
Persistent link: https://www.econbiz.de/10012815604
considered as rich in a multidimensional setting. We use this framework to analyze the role of wealth, health and education, in … driven by health and to a lesser extent by wealth. …
Persistent link: https://www.econbiz.de/10008825579
considered as rich in a multidimensional setting. We use this framework to analyze the role of wealth, health and education, in … driven by health and to a lesser extent by wealth. -- Affluence ; multidimensional measurement ; mobility ; elites …
Persistent link: https://www.econbiz.de/10003944260
Does parental wealth inequality impact next generation labor income inequality? And does a tax on parental wealth … intergenerational data from Norway, focusing on effects on wages rather than capital income. Results suggest that a net wealth of NOK 1 …. The estimated hypothetical wage distribution without the wealth tax is more unequal. Moreover, suggestive evidence …
Persistent link: https://www.econbiz.de/10012597127
://ssrn.com/abstract=3429937.The paper examines the intergenerational persistence of economic conditions in terms of education, income and wealth …
Persistent link: https://www.econbiz.de/10012865378
rich to answer this question. We identify the key predictors for belonging to the top 1 percent of income, wealth, and both …
Persistent link: https://www.econbiz.de/10014468907
We study the role of family wealth for children's educational achievement using novel and unique Swedish register data …. In particular, we focus on the relationship between grandparents' wealth and their grandchildren’s educational … achievement. Doing so allows us to reliably establish the independent role of wealth in contributing to long-term inequalities in …
Persistent link: https://www.econbiz.de/10011697359
Persistent link: https://www.econbiz.de/10014476837
Persistent link: https://www.econbiz.de/10014235299