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"There is a puzzling disconnect between rising income inequality and public opinion in the United States. One might think-and many politicians argue-- that as inequality increases the public on the losing side of the inequality divide would demand more redistributive action from government. But...
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to their preinheritance wealth. We also find that post-inheritance behavioral adjustments mitigate the equalizing effect … Swedish inheritance tax reduced the equalizing inheritance effect but that the redistribution of tax revenues could reverse …
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This paper focuses on three issues. First, it analyses the increasing inequality of wealth in Sweden in terms of percentile age and birth cohort differences. Second, it discusses mobility of wealth as a function of age, length of the transition period, the magnitude of quantile differences, and...
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