Showing 1 - 10 of 993
Abstract This paper investigates the sources of inequality in household gross and net wealth across eight euro … a remarkable effect on wealth inequality that is stronger than the one of income differences. In Austria, Germany and … Cyprus the contribution of real and financial assets inherited or received as gifts to gross and net wealth inequality …
Persistent link: https://www.econbiz.de/10012099951
The Effect of Inheritance and Gifts on Household Net Wealth Distribution Analysed by Applying the Shapley Value … Approach to Decomposition This paper analyses how microeconomic factors drive inequality in household wealth across nine … Eurosystem Household Finance and Consumption Survey 2014. Disparity in inheritance and gifts obtained by households are found to …
Persistent link: https://www.econbiz.de/10012099984
This paper investigates the sources of inequality in household gross and net wealth across eight euro area countries … remarkable effect on wealth inequality that is stronger than that of income differences. In Austria, Germany and Cyprus the … contribution of real and financial assets inherited or received as gifts to gross and net wealth inequality attains about 40 per …
Persistent link: https://www.econbiz.de/10014363258
economic factors on inequality in the long run, we use the concept of an equilibrium distribution. However the long …
Persistent link: https://www.econbiz.de/10011168925
Persistent link: https://www.econbiz.de/10011569673
capitalism, the Great Depression. However, the role of rising income inequality, which has risen dramatically before both crises …, is rarely discussed. In this paper we discuss the rise of top-end inequality and its effects on household consumption … period of interest. We argue that income inequality is linked to the increase of household consumption and the simultaneous …
Persistent link: https://www.econbiz.de/10011304482
entering an era of increasing income inequality. In this article, the link between financial wealth and pre-tax household …
Persistent link: https://www.econbiz.de/10014278404
This paper discusses the rise of top-end inequality and its effects on household consumption, saving, and debt in the … period of interest. Analysing the relevant data descriptively, the paper argues that income inequality is linked to the … debt. Thus, the rise of top-end inequality in connection with a broader institutional change, such as the deregulation of …
Persistent link: https://www.econbiz.de/10014363311
Germany has had a large and persistent current account surplus for the past almost two decades. We review different theoretical explanations of this phenomenon and conclude from the empirical litera-ture that Germany's external surplus reflects an imbalance that is a threat to macroeconomic...
Persistent link: https://www.econbiz.de/10014459468
1980s can be explained by the interplay of rising (top-end) household income inequality and institutions. On the other hand …
Persistent link: https://www.econbiz.de/10010460552