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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 … current trends toward rising wealth–income ratios and wealth inequality might continue during the twenty-first century, both …
Persistent link: https://www.econbiz.de/10014025330
, bequests, inheritances, inter vivos gifts) and wealth. The main message may be summarized as follows. Empirical evidence on … direction of (1) mixed motives, (2) heterogeneity of preferences, and (3) importance of retaining control over wealth. These … focus on understanding implications of inequality of inherited wealth: the topic that has been neglected in the past, even …
Persistent link: https://www.econbiz.de/10014025491
The debate on inheritance and inheritance taxation has always been linked with the " efficiency versus equity issue …". Some consider inheritance taxes as highly appropriate means to bring forth more economic equality, especially equality in … starting conditions. Others openly doubt the effectiveness of inheritance taxes in this domain, and point out that the negative …
Persistent link: https://www.econbiz.de/10013520098
Since the end of inheritance and gift tax in 2008, there has been hardly any data on the distribution and volume of … microsimulation model INTAXMOD, this paper estimates the annual inherited wealth and the potential tax revenue up to 2050. The results … show (a) a doubling of the annual inheritance volume between 2025 and 2050 from approximately €21 to 41 billion, (b) a …
Persistent link: https://www.econbiz.de/10015071603
This pioneering volume uses modern statistical and simulation techniques to explain the process of wealth transmission … and the persistent problem of the unequal distribution of wealth. These papers reflect a shift from the traditional cross …-sectional measurement to an intertemporal focus by attempting to model mathematically the actual process by which wealth is acquired and …
Persistent link: https://www.econbiz.de/10014488166
of Wealth: A Simulation Model; 4. The Importance of Material Inheritance: The Financial Link between Generations; 5. The …Modeling the Distribution and Intergenerational Transmission of Wealth; Contents; Introduction; 1. Long-Term Trends in … American Wealth Inequality; 2. The Wealth of Testators and Its Distribution: Butler County, Ohio, 1803-65; 3. The Perpetuation …
Persistent link: https://www.econbiz.de/10012683519
Studies in Economic Ethics and Philosophy -- Is Inheritance Legitimate? -- Copyright -- PREFACE -- CONTENTS -- LIST OF … FIGURES -- LIST OF TABLES -- Chapter 1 Inheritance Taxation, Equal Opportunities and the Desire of Immortality -- Chapter 2 … Views on Inheritance in the History of Economic Thought -- Chapter 3 Bequests Motives and Models of Inheritance: A Survey of …
Persistent link: https://www.econbiz.de/10012692019
risk for wealth deterioration may allow for interventions that can slow or reverse the widening wealth gap and ultimately … differences (wealth, age, race, sex, and marital status) affect the downward trajectory of certain groups and the upward …
Persistent link: https://www.econbiz.de/10013228602
Persistent link: https://www.econbiz.de/10000069309
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, reflecting both market and policy influences, whereas …
Persistent link: https://www.econbiz.de/10015076060