in proportion to national income. Then, we present novel estimates of wealth concentration between 1863 and 1914 …Despite its relevance in 19th-century economics, wealth -its accumulation, composition, and distribution- has largely …, Italy presented a historically high value of total private wealth but had relatively small relevance in total bequests flows …

In this empirical paper we analyze the link between homeownership across cohorts and the net wealth distribution. In … over cohorts on the distribution of net wealth we impose the homeownership pattern of the US on Germany and ask: What would … particular we are interested in the effect of the pattern of ownership across cohorts. Given that wealth accumulates over the …

capital-income ratio and the inheritance flow during the twenti-eth century. The recent differences in inheritance flows have …Inherited wealth has attracted much attention recently, much due to the research by Thomas Piketty (Piketty, 2011; 2014 … historical inheritance flows are only really available for France and to some extent for the U.K. We study the long-run evolution …

In this paper, we present updated measures of racial disparities in wealth using the most recent data from the Survey … of Consumer Finances (SCF), augmented by household-level estimates of defined benefit (DB) pension wealth developed by … Sabelhaus and Volz (2020). Including this important asset, we find that racial wealth disparities are smaller than the numbers …

Using data from the Survey of Consumer Finances, this paper updates and extends previous research on the racial wealth … gap in the United States. We explore several hypotheses that help explain differential wealth accumulation by racial … to the literature. We find that observable factors account for the entire wealth gap between white and Hispanic families …

Rising wealth inequality is both a topic in recent policy discussion and in the social sciences. Despite the general … interest in wealth concentration, we know only little about the largest privately held fortunes. To help fill this gap we … and perpetuation of fortunes over many generations is an important feature of top wealth in Germany. …