This paper studies wealth taxation in a heterogeneous agent economy with entrepreneurship. Entrepreneurs face borrowing … dataset on household wealth, I show that this possibility for entrepreneurs to sell their firm is crucial to simultaneously … account for both the stylized facts of the wealth distribution and year-to-year changes in wealth. In a subsequent policy …

The theory of functional equations is used to clarify the relationship between equilibrium distributions of wealth and … within a simple model of inheritance …

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 …

tax on inherited wealth levied on the cumulative lifetime gifts and inheritances of the recipient.' As such, it contains … context. As a result, it provides an ethical blueprint for the design of an ideal inheritance tax without fully considering … ethical argument for taxing inherited wealth and stimulates creative thinking about the actual design of such a tax, it will …