Showing 91 - 100 of 38,953
We show how normative standpoints determine optimal taxation of wealth. Since wealth is not equal to capital, we find …
Persistent link: https://www.econbiz.de/10012841621
important characteristic of this survey is that it oversamples high-wealth households. Another important characteristic of the … the changes in income, asset holdings, and wealth of Spanish households between the end of 2002 and 2005 …
Persistent link: https://www.econbiz.de/10012722561
Kinetic equations modelling the redistribution of wealth in simple market economies is one of the major topics in the … measures. In consequence, we are able to classify the most important feature of the steady wealth distribution, namely the …
Persistent link: https://www.econbiz.de/10012723718
measure to account for one such determinant: household wealth. We then analyze the level and distribution of economic well … in that income from wealth is calculated as the sum of lifetime annuity from nonhome wealth and imputed rental … altered when money income is adjusted for wealth. Over the 1989-2000 period, median well-being appears to increase faster when …
Persistent link: https://www.econbiz.de/10012733575
Using taxation statistics, we estimate the income share held by top income groups in Australia over the period 1921-2002. We find that the income share of the richest fell from the 1920s until the mid-1940s, rose briefly in the post-war decade, and then declined until the early-1980s. During the...
Persistent link: https://www.econbiz.de/10012733998
or tightening access to mortgages may affect the distribution of household wealth in the country. In a stylised model we … show that the final level of wealth inequality depends on the size of the LTV ratio, housing prices, credit cost and the … strength of a bequest motive; ultimately with no unequivocal effect of LTV ratios on wealth inequality. These trade-offs are …
Persistent link: https://www.econbiz.de/10012953918
or tightening access to mortgages may affect the distribution of household wealth in the country. In a stylised model we … show that the final level of wealth inequality depends on the size of the LTV ratio, housing prices, credit cost and the … strength of a bequest motive; ultimately with no unequivocal effect of LTV ratios on wealth inequality. These trade-offs are …
Persistent link: https://www.econbiz.de/10012953956
We provide a systematic analysis of the properties of individual returns to wealth using twenty years of population … percentile. Second, heterogeneity in returns does not arise merely from differences in the allocation of wealth between safe and … risky assets: returns are heterogeneous even within asset classes. Third, returns are positively correlated with wealth …
Persistent link: https://www.econbiz.de/10012901496
Strong intergenerational associations in wealth have fueled a longstanding debate over why children of wealthy parents … tend to be well off themselves. We investigate the role of family background in determining children's wealth accumulation … by Norwegian parents to a population panel data set with detailed information on disaggregated wealth portfolios and …
Persistent link: https://www.econbiz.de/10012891951
We study how attitudes to inheritance taxation are influenced by information about the role of inherited wealth in … aggregate importance of inherited wealth and its link to inequality of opportunity significantly increases the support for …. Changes in the perceived economic importance of inherited wealth and altered views on whether luck matters most for economic …
Persistent link: https://www.econbiz.de/10012892104