Showing 1 - 10 of 16,412
less than their labor income). Applying this simple theoretical model to a unique micro data set on inheritance and …
Persistent link: https://www.econbiz.de/10009643507
inheritance. Wealth–income ratios, inherited wealth, and wealth inequalities were high in the eighteenth to nineteenth centuries … show that over a wide range of models, the long-run magnitude and concentration of wealth and inheritance are an increasing …
Persistent link: https://www.econbiz.de/10014025330
Changes in social structures occurring during the process of economic growth can be considered direct consequences of this process, while other changes are caused by factors such as technological progress, that affect simultaneously social structures and growth. This chapter focuses on that part...
Persistent link: https://www.econbiz.de/10014023760
instrument. The exclusion restriction is that conditional on the total amount of inheritance, inheriting a home affects the …
Persistent link: https://www.econbiz.de/10011429581
Persistent link: https://www.econbiz.de/10012204684
historical inheritance flows are only really available for France and to some extent for the U.K. We study the long-run evolution … capital-income ratio and the inheritance flow during the twenti-eth century. The recent differences in inheritance flows have …
Persistent link: https://www.econbiz.de/10010472741
Persistent link: https://www.econbiz.de/10012796573
Persistent link: https://www.econbiz.de/10012395598
Persistent link: https://www.econbiz.de/10012303286
In this paper, we analyze the wealth accumulation and saving behavior of the retired elderly in Italy using micro data from the "Survey of Italian Households' Income and Wealth," a panel survey of households conducted every two years by the Bank of Italy. We find that, on average, the retired...
Persistent link: https://www.econbiz.de/10012198628