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It is a well-known criticism that due to its exponential distribution, survey data on wealth is hardly reliable when it … the number of households possessing a net wealth greater than four million Euros as well as their aggregate wealth … suggest that the alleged non-observation bias is considerable, accounting for about one quarter of total net wealth. The …
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Private wealth is a crucial factor for the economic well-being of households. Key determinants of private wealth … include intergenerational wealth transfers (gifts and inheritances), which are gaining importance since 1990, as research … suggests. We conduct a detailed investigation of the distribution of wealth transfers in eight Euro-area countries. First, we …
Persistent link: https://www.econbiz.de/10011440820
Private wealth is a crucial factor for the economic well‐being of households. Key determinants of private wealth … include intergenerational wealth transfers (gifts and inheritances), which are gaining importance since 1990, as research … suggests. We conduct a detailed investigation of the distribution of wealth transfers in eight Euro‐area countries. First, we …
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This paper uses SOEP data to study the distributional effect of intergenerational transfers on the wealth distribution … aggregate bequest flows. At the same time, there is an ongoing debate on the distributional implications of such wealth shocks … of households. The model allows for dynamic adjustment and variations in the savings behavior over the wealth …
Persistent link: https://www.econbiz.de/10011915902
, this paper analyzes the effects of participation in Riester plans on wealth at different points of the distribution. We … heterogeneity in the effect of Riester participation on wealth. While Riester participation increases total net wealth in the lower …
Persistent link: https://www.econbiz.de/10011695521