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their wealth ownership. Using data from the Household Finance and Consumption Survey (HFCS), we document a positive average … migrant wealth gap between migrant and native households. However, the raw gap is almost negligible for second generation … migrant households, whereas it rises across the unconditional net wealth distribution for first generation migrant households …
Persistent link: https://www.econbiz.de/10012598465
In the USA, the share of household wealth held by the richest 1% increased from 23.5% in 1980 to 41.8% in 2012. This … the economy. This shock can simultaneously match the increase in wealth concentration and the decrease of the saving rate …
Persistent link: https://www.econbiz.de/10012318998
The increase of wealth inequality in many EU countries has spurred interest in wealth taxation. While taxes on wealth … arguments are brought forward in favour of (higher) wealth taxation. At the same time, tax competition has led to an almost … complete disappearance of recurrent net wealth taxes in Europe. By dealing with non- and under-reporting in the Household and …
Persistent link: https://www.econbiz.de/10011818439
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We study beliefs about wealth inequality and preferences for wealth redistribution. For this, we conduct a large …-scale online survey in Germany. First, we analyze how well participants are informed about the German wealth distribution and their … position in it. Second, we investigate how preferences for wealth redistribution are affected by an information experiment. One …
Persistent link: https://www.econbiz.de/10014543737
magazine to gain new insights on the structure and dynamics of top wealth in Switzerland. Using this data allows us study the … distinctive contributions to the literature. First, we present a number of new facts on the wealth elite in Switzerland. We show … on their expenses rather than on their true income and wealth. We are the first to evaluate this policy-similar to "non …
Persistent link: https://www.econbiz.de/10012887591
'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 district, current residence, individual wealth, gifts and inheritances … and parental background. To identify the effect of economic growth on children's wealth we match the population of heirs …
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