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 …

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 …

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 …

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 …

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 …

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 …

We study the effects of liquidity constraints and start-up costs on the relationship between wealth and the fraction of … entrepreneurs in an economy. We develop a dynamic occupational choice model with endogenous wealth and entry into entrepreneurship … function of individual wealth while the introduction of start-up costs tends to flatten this relationship. The theoretical …

The authors study the effects of liquidity constraints and start-up costs on the relationship between wealth and the … fraction of entrepreneurs in an economy. They develop a dynamic occupational choice model with endogenous wealth and entry into … function of individual wealth while the introduction of start-up costs tends to flatten this relationship. The theoretical …