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This paper presents new evidence on the determinants of the large disparities in home ownership by race in the U … paribus racial differences in ownership rates among white and minority households who possess sufficient wealth to meet down … equivalent minority households. Because minorities are disproportionately constrained by wealth-related underwriting standards …
Persistent link: https://www.econbiz.de/10014033910
remain. This is particularly true for the distribution of net wealth which is of special importance for the well-being of … individuals. Wealth provides utility in a number of ways, for instance, by acting as a buffer against negative income shocks …. Using the wealth component of the German Socio-Economic Panel (GSOEP), we find that, on average, members of western …
Persistent link: https://www.econbiz.de/10011348393
Persistent link: https://www.econbiz.de/10011312368
It is a well-known criticism that due to its exponential distribution, survey data on wealth is hardly reliable when it … the number of households possessing a net wealth greater than four million Euros as well as their aggregate wealth … suggest that the alleged non-observation bias is considerable, accounting for about one quarter of total net wealth. The …
Persistent link: https://www.econbiz.de/10010233897
Private wealth is a crucial factor for the economic well-being of households. Key determinants of private wealth … include intergenerational wealth transfers (gifts and inheritances), which are gaining importance since 1990, as research … suggests. We conduct a detailed investigation of the distribution of wealth transfers in eight Euro-area countries. First, we …
Persistent link: https://www.econbiz.de/10011440820
Private wealth is a crucial factor for the economic well‐being of households. Key determinants of private wealth … include intergenerational wealth transfers (gifts and inheritances), which are gaining importance since 1990, as research … suggests. We conduct a detailed investigation of the distribution of wealth transfers in eight Euro‐area countries. First, we …
Persistent link: https://www.econbiz.de/10011441460
Persistent link: https://www.econbiz.de/10013162661
Wealth is very unequally distributed in Germany. To effect a long-term reduction, the new Federal Government could …. However, a universal capital endowment could decrease wealth inequality much more rapidly and successfully. In this report, a … recurrent wealth tax on the ultra wealthy, and taxing real estate properties more effectively. A universal capital endowment …
Persistent link: https://www.econbiz.de/10012805707