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particularly relevant for the quickly aging Asian economies: the volume of savings for old-age provisions, international …
Persistent link: https://www.econbiz.de/10011688738
wealth levels and (ii) indirectly supporting wealth accumulation by impacting interest rates, borrowing, entrepreneurship …, and spending. A unique Danish policy setting allows me to identify intergenerational wealth transfers channeled through …
Persistent link: https://www.econbiz.de/10014472492
Inheritance and gift taxation vary widely among countries in both the design and tax burden. We analyze the impact of a … series of factors, such as the country's affluence, political preferences, preferences for equity, aging ratio, fiscal … standing of the state, and the country's size, on inheritance tax systems. The applied methods involve the random effects …
Persistent link: https://www.econbiz.de/10014444703
This paper examines the structure and evolution of consumption and consumption growth inequality. Once heterogeneous … agents relate their neighbors' consumption to their own, consumption volatility and inequality are affected. The relationship … predicted between the group average consumption growth and within-group growth inequality was shown as only slightly positive …
Persistent link: https://www.econbiz.de/10010270821
financial literacy and business ownership for the increase in wealth inequality between college and non-college households. …Using new long-run microdata, this paper studies wealth and income trends of college and noncollege households in the … United States since 1956. We document the emergence of a substantial college wealth premium since the 1980s, which is …
Persistent link: https://www.econbiz.de/10012031017
the change in wealth over the period. The goal of this paper is to examine the advantages and difficulties of using this … on income and wealth to other administrative data with information on financial and real estate transactions. Using this …
Persistent link: https://www.econbiz.de/10012801071
Several studies have linked rising insolvency rates to increasing inequality and argued that this might be explained by …, I test whether the probability to become insolvent is related to inequality in one's reference group or to one's income … varying the definition of relevant reference groups. I find that there is a positive relationship between inequality and …
Persistent link: https://www.econbiz.de/10012615442
Several studies have linked rising insolvency rates to increasing inequality and argued that this might be explained by …, I test whether the probability to become insolvent is related to inequality in one's reference group or to one's income … varying the definition of relevant reference groups. I find that there is a positive relationship between inequality and …
Persistent link: https://www.econbiz.de/10012385126