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This paper presents new estimates of wealth inequality in Sweden during 2000-2012, linking wealth register data up to 2007 and individually capitalized wealth based on income and property tax registers for the period thereafter when a repeal of the wealth tax stopped the collection of individual...
Persistent link: https://www.econbiz.de/10011535999
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We use new population-wide register data on inheritances and wealth in Sweden to estimate the causal impact of inheritances on wealth inequality. We find that inheritances reduce relative wealth inequality (e.g., the Gini coefficient falls by 5–10 percent) but that absolute dispersion...
Persistent link: https://www.econbiz.de/10011455705
We use new population-wide register data on inheritances and wealth in Sweden to estimate the causal impact of inheritances on wealth inequality. We find that inheritances reduce relative wealth inequality (e.g., the Gini coefficient falls by 5-10 percent) but that absolute dispersion increases....
Persistent link: https://www.econbiz.de/10011457397
This paper presents new estimates of wealth inequality in Sweden during 2000-2012, linking wealth register data up to 2007 and individually capitalized wealth based on income and property tax registers for the period thereafter when a repeal of the wealth tax stopped the collection of individual...
Persistent link: https://www.econbiz.de/10011458797
Persistent link: https://www.econbiz.de/10011482127
This study estimates intergenerational correlations in mid-life wealth across three generations, and a young fourth generation, and examines how much of the parent-child association that can be explained by inheritances. Using a Swedish data set we find parent-child rank correlations of 0.3-0.4...
Persistent link: https://www.econbiz.de/10011521103
Persistent link: https://www.econbiz.de/10011542111
Inherited wealth has attracted much attention recently, much due to the research by Thomas Piketty (Piketty, 2011; 2014). The discussion has mainly revolved around a long-run contrast between Eu-rope and the U.S., even though data on explicit historical inheritance flows are only really available...
Persistent link: https://www.econbiz.de/10010472741
Persistent link: https://www.econbiz.de/10010475021