Showing 1 - 10 of 7,095
Strong intergenerational associations in wealth have fueled a longstanding debate over why children of wealthy parents … tend to be well off themselves. We investigate the role of family background in determining children's wealth accumulation … by Norwegian parents to a population panel data set with detailed information on disaggregated wealth portfolios and …
Persistent link: https://www.econbiz.de/10011814565
wealth levels and (ii) indirectly supporting wealth accumulation by impacting interest rates, borrowing, entrepreneurship …, and spending. A unique Danish policy setting allows me to identify intergenerational wealth transfers channeled through …
Persistent link: https://www.econbiz.de/10014472492
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/10012039324
While inequality of opportunity (IOp) in earnings is well studied, the literature on IOp in individual net wealth is … wealth and income distribution can significantly diverge. We measure ex-ante IOp in net wealth for Germany using data from … wealth before effort is exerted. The SOEP allows for a direct mapping from individual circumstances to individual net wealth …
Persistent link: https://www.econbiz.de/10014374802
This study estimates intergenerational correlations in mid-life wealth across three generations, and a young fourth … on parents' wealth, grandparents' wealth is weakly positively associated with grandchild's wealth and the parent …-child correlation is basically unchanged if we control for grandparents' wealth. Bequests and gifts strikingly account for at least 50 …
Persistent link: https://www.econbiz.de/10011521103
Strong intergenerational associations in wealth have fueled a longstanding debate over why children of wealthy parents … tend to be well off themselves. We investigate the role of family background in determining children's wealth accumulation … by Norwegian parents to a population panel data set with detailed information on disaggregated wealth portfolios and …
Persistent link: https://www.econbiz.de/10012891951
This study estimates intergenerational correlations in mid-life wealth across three generations, and a young fourth … on parents' wealth, grandparents' wealth is weakly positively associated with grandchild's wealth and the parent …-child correlation is basically unchanged if we control for grandparents' wealth. Bequests and gifts strikingly account for at least 50 …
Persistent link: https://www.econbiz.de/10012985275
Strong intergenerational associations in wealth have fueled a longstanding debate over why children of wealthy parents … tend to be well off themselves. We investigate the role of family background in determining children's wealth accumulation … by Norwegian parents to a population panel data set with detailed information on disaggregated wealth portfolios and …
Persistent link: https://www.econbiz.de/10012919007
Strong intergenerational associations in wealth have fueled a longstanding debate over why children of wealthy parents … tend to be well off themselves. We investigate the role of family background in determining children's wealth accumulation … by Norwegian parents to a population panel data set with detailed information on disaggregated wealth portfolios and …
Persistent link: https://www.econbiz.de/10012924134
We present the first estimates of intergenerational wealth correlation for Australia, using HILDA. The rank correlation … varies greatly by child age when wealth is observed, from 0.1 before age 30, to 0.5 after age 40. Most children in our ….306. Wealth correlations are difficult to interpret and not well grounded in theory. We therefore also implement Boserup et al …
Persistent link: https://www.econbiz.de/10012649512