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This paper examines long-term trends in aggregate wealth and inheritance and in their distributions, focusing on … developed economies. A key stylized fact is that wealth is less equally distributed than income. Financial assets predominate … or rose. Aggregate wealth-to-income ratios have fluctuated, re-flecting both market and policy influences, whereas …
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distributed than income, and points to a long term downward trend in wealth inequality over most of the twentieth century. We also … differences, but inheritance is also widely recognised as playing a major role, especially at the upper end of the wealth range. A …This chapter is concerned with the distribution of personal wealth, which usually refers to the material assets that …
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of intergenerational transfers does not increase with the level of wealth or income. Using a fractional logit regression …Private wealth is a crucial factor for the economic well-being of households. Key determinants of private wealth … include intergenerational wealth transfers (gifts and inheritances), which are gaining importance since 1990, as research …
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of intergenerational transfers does not increase with the level of wealth or income. Using a fractional logit regression …Private wealth is a crucial factor for the economic well‐being of households. Key determinants of private wealth … include intergenerational wealth transfers (gifts and inheritances), which are gaining importance since 1990, as research …
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Wealth is very unequally distributed in Germany. To effect a long-term reduction, the new Federal Government could …. However, a universal capital endowment could decrease wealth inequality much more rapidly and successfully. In this report, a … would require around 22.6 billion euros annually, could be financed by increasing the inheritance tax, implementing a …
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