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Abstract This paper investigates the sources of inequality in household gross and net wealth across eight euro … a remarkable effect on wealth inequality that is stronger than the one of income differences. In Austria, Germany and … Cyprus the contribution of real and financial assets inherited or received as gifts to gross and net wealth inequality …
Persistent link: https://www.econbiz.de/10012099951
The Effect of Inheritance and Gifts on Household Net Wealth Distribution Analysed by Applying the Shapley Value … Approach to Decomposition This paper analyses how microeconomic factors drive inequality in household wealth across nine … Eurosystem Household Finance and Consumption Survey 2014. Disparity in inheritance and gifts obtained by households are found to …
Persistent link: https://www.econbiz.de/10012099984
Persistent link: https://www.econbiz.de/10011569673
The inheritance tax is often seen as an effective tool to reduce wealth inequality, to raise public budgets if needed … the OECD. The purpose of this paper is therefore to shed light on the question whether the inheritance tax is a promising … tool for fighting wealth inequality without having distorting effects for the economy. For this purpose, the distributional …
Persistent link: https://www.econbiz.de/10012419216
The objective of this work is to analyse the income inequality in the 15 EU countries during the convergence process to … whether the inequality of income has diminished within and between countries over time. Gini's generalised family indices … the results obtained to different degrees of inequality aversion and to different equivalence scales, taking into account …
Persistent link: https://www.econbiz.de/10005076592
In this paper, we present updated measures of racial disparities in wealth using the most recent data from the Survey of Consumer Finances (SCF), augmented by household-level estimates of defined benefit (DB) pension wealth developed by Sabelhaus and Volz (2020). Including this important asset,...
Persistent link: https://www.econbiz.de/10012818818
Using data from the Survey of Consumer Finances, this paper updates and extends previous research on the racial wealth gap in the United States. We explore several hypotheses that help explain differential wealth accumulation by racial groups, including the importance of receiving inheritances...
Persistent link: https://www.econbiz.de/10012131621
, combining national tabulations of inheritance tax records and microdata archives for Milan and Naples. During this period … evidence of declining income inequality in the period -traditionally considered the industrial 'take-off' phase of Italy- we … economic development. Although contemporary inequality is much lower than early 20th-century figures, the 'real' wealth of …
Persistent link: https://www.econbiz.de/10014439450