There is a capital taxation puzzle in most developed countries. Since the 1960s, revenues from wealth transfer taxation … cases; by contrast, lifetime wealth or capital taxation generates much higher revenues and shows no decreasing trend. The … full tax puzzle is certainly not easy to explain. Many usual explanations of the aversion to wealth transfer taxation also …

1950, and back up to about 15% by 2010. A simple theoretical model of wealth accumulation, growth and inheritance can fully … wealth accumulation well above 100%. Our findings illustrate the fact that when the growth rate g is small, and when the rate … of return to private wealth r is permanently and substantially larger than the growth rate (say, r=4%-5% vs. g=1 …

in explaining households' wealth behaviors, and to construct more accurate tests of the theories of savings and portfolio … composition of wealth are similar across surveys, in line with theoretical predictions, and more significant than those obtained …

.25, so that the two preferences are nonetheless far from identical. In addition, the elasticity of children's wealth with … respect to that of their parents is around 0.22. This correlation is corrected for the influence of age on wealth, and … intergenerational transmission of wealth inequalities, but is far from being the most important factor. …

For a sub-sample of French households of an Insee wealth survey, we obtain new and relative measures of 5 individual … altruism are found no to affect wealth but, contrarily to recent results of behavioural analysis, the three other parameters … have significant effects on wealth (financial, gross or net), which are consistent with theoretical predictions : wealth …

amount and composition of wealth shows then that this savers' typology has sizeable explanatory power, with effects as … predicted. Ceteris paribus, "armchair investors" accumulate more wealth than other households. Hotheads own less homes and Pep …

a household's accumulated stock of wealth and current annual household income. The data come from the 2004 edition of …

Using the evidence from the Luxembourg Wealth Study it appears that the distribution of wealth in the UK is … and of the wealth differential between the rich and the rest? Using a Pareto model for the upper tail of the distribution …

The theory of functional equations is used to clarify the relationship between equilibrium distributions of wealth and …