Research on wealth inequality usually focuses on real and financial assets, while pension wealth – the present value of … and, thus, should be accounted for in peoples’ wealth portfolios. Using novel data from the Socio Economic Panel (SOEP …), we show the incidence, relevance, and distribution of individual pension wealth, net worth, and augmented wealth (the sum …

While most studies on wealth inequality focus on the inequality between households, this paper examines the … distribution of wealth within couples. For this purpose, we make use of unique individual level micro data from the German socio … partnership) that might explain this wealth gap. We find that all factors contribute to the explanation of the wealth gap within …

) that tracks the same individuals over time to assess how individuals from different income and wealth groups respond to … life and financial shocks with respect to volunteering. Although both income and wealth can act as buffers against life …

This paper surveys possible motivations for having a net wealth tax. After giving a short overview over the state of … wealth taxation in OECD countries, we discuss both popular arguments for such a tax, as well as economic arguments. It is … net wealth tax. The efficiency-related effects are also discussed and shown to be theoretically ambiguous, while empirical …

dining together with family, is associated with better financial preparedness and greater wealth accumulation across time … their family, increased wealth at a faster rate than others between 1994 and 2004. Moreover, those who exhibited self …. Consistent with other studies, results indicate that wealth accumulation increased with age, income, and educational attainment. …

Retirement wealth is often viewed as a great equalizer, offsetting the inequality in standard household net worth. One … Board's Survey of Consumer Finances, I find that retirement wealth (the sum of pension and Social Security wealth) had a … considerably weaker offsetting effect on wealth inequality in 2001 than in 1983. Whereas standard net worth inequality increased …

generates wealth heterogeneity that matches the empirical data, the improved model can provide a sensible analysis of economic … questions like "What might the consumption response be to economic stimulus payments?" -- Microfoundations ; Wealth Inequality …

received a wealth transfer and these accounted for 23 percent of their net worth. Over the lifetime, about 30 percent of … households could expect to receive a wealth transfer and these would account for close to 40 percent of their net worth near time … reporting a wealth transfer fell by 2.5 percentage points. The average value of inheritances received among all households did …

of wealth distribution very similar in shape to what had been seen in the earlier cross sections. Between the two years …, however, there was considerable variation in the relative positions of households within the wealth distribution. This paper … presents data on the changed situation of households and it decomposes the observed wealth changes in terms of underlying …

In this paper we examine how the distribution of wealth has been changing in UK over the period 1995 to 2005 and how … the sum of inheritance received between 1996-2004 contributed to the observed trends in wealth accumulation and wealth … growth in net worth and of a substantial decrease in wealth inequality recorded in the survey. The main driver behind both …