Recent research highlighted controversy about the evolution of concentration of personal wealth. In this paper we … provide new evidence about the long-run evolution of top wealth shares for the United Kingdom. The new series covers a long … estates left at death. We find that the application to the estate data of mortality multipliers to yield estimates of wealth …

prepayments. We identify the causal effects of the tax exemption on prepayments and inter vivos transfers separately by exploiting … changes in the policy design. Subsequent policy changes resulted in two expansions of the tax-free transfers that caused a …

This paper discusses alternative methods to estimate the distribution of wealth in New Zealand. It develops a taxable … income capitalisation method for estimating the distribution of wealth in New Zealand that is based on the approach of Saez … generate taxable income flows, particularly towards the top of the wealth distribution where household surveys often undercount …

This paper explores the effect of discretion in estate valuation techniques on the effective estate tax burden on … collectibles that are traded in thin markets, estate valuations may be more difficult to establish. Estate tax filers may therefore … be able to select valuations that reduce the reported value of the estate assets, and therefore the effective estate tax …

-expenditure cycle. This framework distinguishes between the stock of income-generating assets (such as human capital and wealth …

and wealth, including land, industrial or financial capital) across individuals as well as between the private and the … and development: wealth redistribution. The prevailing approach generally covers income redistribution and the provision … of public goods as a means to foster human capital accumulation (e.g., the MDGs approach), but it ignores wealth …

subsidization will produce through the increase in jobs and consumers created. This creation of wealth by government will be a … process similar to the market's process of creating wealth through price fixing. …

A democratic society in which the distribution of wealth is unequal elects political parties which tend to represent …

This paper investigates preferences for limiting top incomes and wealth through a surveybased experiment with a large … participants (around 30%) support limits irrespective of inequality (strong limitarians). Preferences for wealth caps are more … efficiency, are less inclined to attribute top incomes and wealth to merit, are more supportive of government redistribution, and …

Governments use tax expenditures to boost investment, innovation and employment. However, these schemes are largely … should increase transparency on tax benefits. G20 members should take the lead on this with frequent and comprehensive tax … expenditure reports. Second, G20 governments should improve the design of tax incentives with the aim of minimizing the generation …