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differences, but inheritance is also widely recognised as playing a major role, especially at the upper end of the wealth range. A … the results of studies that assess the contributions of inheritance and lifecycle factors, and give attention also to a …
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In this paper, we analyze the wealth accumulation and saving behavior of the retired elderly in Italy using micro data from the "Survey of Italian Households' Income and Wealth," a panel survey of households conducted every two years by the Bank of Italy. We find that, on average, the retired...
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We use Norwegian administrative panel data on wealth and income between 1993 and 2015 to study lifecycle wealth dynamics, focusing on the wealthiest households. On average, the wealthiest start their lives substantially richer than other households in the same cohort, own mostly private equity,...
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