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In this paper I investigate the causal relationship between labor market polarization and intergenerational mobility, two of the most important features of advanced labor markets in recent decades. The former relates to the disappearance of middle-wage routine jobs and the rise of both high- and...
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and France using data from the Household Finance and Consumption Survey (HFCS). A change in the German inheritance tax law …The inheritance tax is often seen as an effective tool to reduce wealth inequality, to raise public budgets if needed … the OECD. The purpose of this paper is therefore to shed light on the question whether the inheritance tax is a promising …
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Economic growth varies substantially across regions and over time. This paper shows that economic growth in a person's birth place is an important determinant for wealth in adulthood. We exploit a new dataset that oversamples wealthy individuals in Germany and includes information on birth...
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