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. This paper investigates whether these correlations reflect causal effects of wealth by leveraging random, positive wealth … their children's political participation. But winners of large lottery prizes become more negative toward taxes on wealth … wealth changes moral values or strengthen beliefs in the importance of hard work for success in life …
Persistent link: https://www.econbiz.de/10015056102
This study investigates how actual and anticipated intergenerational wealth transfers (i.e., inter-vivo gifts and …
Persistent link: https://www.econbiz.de/10015069955
We measure pre- and post-tax income inequality in Moscow Province in 1811. We collect new data on incomes for 7,399 asset-holding households, including all registered aristocrats and merchants. We estimate the average incomes of 21 additional social groups using financial records from government...
Persistent link: https://www.econbiz.de/10015070317