Showing 61 - 70 of 79,825
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/10011814565
If Piketty's main theoretical prediction (r>g leads to rising wealth inequality) is taken to its radical conclusion …, then a small elite will own all wealth if capitalism is left to its own devices. We formulate and calibrate a Post …-Keynesian model with an endogenous distribution of wealth between workers and capitalists which permits such a corner solution of all …
Persistent link: https://www.econbiz.de/10011927150
This paper describes trends in parental wealth homogamy among union cohorts formed between 1987 and 2013 in Denmark …. Using high-quality register data on the wealth of parents during the year of partnering, we show that the correlation … between partners' levels of parental wealth is considerably lower compared to estimates from earlier research on other …
Persistent link: https://www.econbiz.de/10012178562
This paper estimates rates of return across the gross wealth distribution in eight European countries. Like … differential saving rates, differential rates of return matter for Post Keynesian theory, because they impact the income and wealth … wealth differentiates between three socioeconomic groups: 30% are asset-poor, 65% are middle-class home owners, and the top 5 …
Persistent link: https://www.econbiz.de/10012182820
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/10012172449
Globalisation has a major impact on the levels and distribution of wealth. The financial markets are highly integrated … wealth over the past 25 years. Nonetheless, this has not led to an equally large increase in property income because the … decrease in rates of return seems to contradict claims that, due to an increase in both financial and inherited wealth, we are …
Persistent link: https://www.econbiz.de/10013337381
This report summarises the methodologies used in the fourth wave of the Eurosystem Household Finance and Consumption Survey, which provides household-level data collected in a harmonised way in all 19 euro area countries, as well as in the Czech Republic, Croatia and Hungary. The total sample...
Persistent link: https://www.econbiz.de/10014314597
individuals' fairness perceptions regarding wealth inequality. It begins from the premise that prominent measures of inequality …'s contribution highlights the importance of 'intuitive' measures of political matters such as wealth inequality. It further indicates …
Persistent link: https://www.econbiz.de/10014314736
Despite its relevance in 19th-century economics, wealth -its accumulation, composition, and distribution- has largely …, Italy presented a historically high value of total private wealth but had relatively small relevance in total bequests flows … in proportion to national income. Then, we present novel estimates of wealth concentration between 1863 and 1914 …
Persistent link: https://www.econbiz.de/10014439450
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...
Persistent link: https://www.econbiz.de/10014444703