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share of total wealth in a given economy. Thus, aging is not likely to explain a recent surge in this share in some advanced … distributed if aging is driven by a drop in fertility. In comparison, the effect of increasing longevity on their distribution in …The role of inherited wealth in modern economies has increasingly become under scrutiny. This study presents one of the …
Persistent link: https://www.econbiz.de/10012985794
share of total wealth in a given economy. Thus, aging is not likely to explain a recent surge in this share in some advanced … distributed if aging is driven by a drop in fertility. In comparison, the effect of increasing longevity on their distribution in …The role of inherited wealth in modern economies has increasingly become under scrutiny. This study presents one of the …
Persistent link: https://www.econbiz.de/10011522484
In this paper, we attempt to shed light on whether Japanese households are rational or if their behavior is influenced by culture and social norms by examining their saving and bequest behavior. To summarize our main findings, we find that Japan's household saving rate showed great volatility,...
Persistent link: https://www.econbiz.de/10011478422
In this paper, we attempt to shed light on whether Japanese households are rational or if their behavior is influenced by culture and social norms by examining their saving and bequest behavior. To summarize our main findings, we find that Japan's household saving rate showed great volatility,...
Persistent link: https://www.econbiz.de/10012990042
Persistent link: https://www.econbiz.de/10011992637
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 …
Persistent link: https://www.econbiz.de/10014024198
This paper examines long-term trends in aggregate wealth and inheritance and in their distributions, focusing on … among the wealthy, while owner-occupied housing is crucial for middle groups, so higher stock prices raise wealth inequality … while house price increases do the opposite. Inheritances exacerbate absolute wealth inequality but reduce rel …
Persistent link: https://www.econbiz.de/10014564314
Retirement in Europe (SHARE) to examine the wealth accumulation (saving) behavior of the retired elderly in Europe. To summarize … our main findings, we find that less than half of the retired elderly in Europe are decumulating their wealth and that the … average wealth accumulation rate of the retired elderly in Europe is positive though relatively moderate (6.6% over a 3-year …
Persistent link: https://www.econbiz.de/10013388826
Persistent link: https://www.econbiz.de/10011524357
Persistent link: https://www.econbiz.de/10011560036