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inequality in household wealth in all 8 countries. …
Persistent link: https://www.econbiz.de/10011573797
of death. However, there is little evidence of an inheritance “boom.” In fact, from 1989 to 2007, the share of households … transfers to other sources of household wealth has had a sizeable effect on reducing the inequality of wealth. …
Persistent link: https://www.econbiz.de/10011605346
of death. However, there is little evidence of an inheritance ?boom.? In fact, from 1989 to 2007, the share of households … transfers to other sources of household wealth has had a sizeable effect on reducing the inequality of wealth. …
Persistent link: https://www.econbiz.de/10009276979
of death. However, there is little evidence of an inheritance “boom.” In fact, from 1989 to 2007, the share of households … transfers to other sources of household wealth has had a sizeable effect on reducing the inequality of wealth. …
Persistent link: https://www.econbiz.de/10008853140
Results from the Eurosystem Household Finance and Consumption Survey reveal substantial variation in household net wealth across euro area countries that await explanation. This paper focuses on three main factors for the wealth accumulation process, i) homeownership, ii) housing value...
Persistent link: https://www.econbiz.de/10011605735
Results from the Eurosystem Household Finance and Consumption Survey reveal substantial variation in household net wealth across euro area countries that await explanation. This paper focuses on three main factors for the wealth accumulation process, i) homeownership, ii) housing value...
Persistent link: https://www.econbiz.de/10010826821
In this paper, I analyze detailed data on intergenerational transfers in 4 countries (China, India, Japan, and the United States) from the "Japan Household Panel Survey on Consumer Preferences and Satisfaction (JHPS-CPS)" which has been conducted by the Institute of Social and Economic Research...
Persistent link: https://www.econbiz.de/10015066903
The role of inherited wealth in modern economies has increasingly become under scrutiny. This study presents one of the first attempts to shed light on how demographic aging could shape this role. We show that, in the absence of retirement annuities, or for a given level of annuitization, both...
Persistent link: https://www.econbiz.de/10011499894
, combining national tabulations of inheritance tax records and microdata archives for Milan and Naples. During this period … evidence of declining income inequality in the period -traditionally considered the industrial 'take-off' phase of Italy- we … economic development. Although contemporary inequality is much lower than early 20th-century figures, the 'real' wealth of …
Persistent link: https://www.econbiz.de/10014439450
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