-quarter of total household wealth in Europe provides further corroboration for this finding. …

This paper examines long-term trends in aggregate wealth and inheritance and in their distributions, focusing on … developed economies. A key stylized fact is that wealth is less equally distributed than income. Financial assets predominate … among the wealthy, while owner-occupied housing is crucial for middle groups, so higher stock prices raise wealth inequality …

for and control over the accumulation and use of savings for retirement. …

We present first evidence how individual risk preferences shape entrepreneurial investment among the very wealthy using … novel survey data from the top of the wealth distribution, which have been added to the 2019 German Socio-economic Panel … Study. The data include private wealth balance sheets, in particular the value of own private business assets, and a …