This paper divides the population into two groups: the "inheritors" or "rentiers" (whose wealth is smaller than the … capitalized value of their inherited wealth, i.e. who consumed more than their labor income during their lifetime); and the … "savers" or "self-made men" (whose wealth is larger than the capitalized value of their inherited wealth, i.e. who consumed …

This paper derives optimal inheritance tax formulas that (a) capture the key equity-efficiency trade-off, (b) are … but realistic linear or two-bracket tax structures to obtain tractable formulas. We show that long-run optimal inheritance …-Becker dynastic model. In all cases, the optimal inheritance tax rate increases with the concentration of bequest received and …

1950, and back up to about 15% by 2010. A simple theoretical model of wealth accumulation, growth and inheritance can fully … wealth and inheritance are bound to play a key role for aggregate wealth accumulation and the structure of lifetime …This paper attempts to document and account for the long run evolution of inheritance. We find that in a country like …

-tax reforms using a model economy that replicates the U.S. distributions of earnings, income and wealth in very much detail. We …

inheritance rules (partition vs. primogeniture). After controlling for economic, institutional, religious, and cultural factors … inheritance. We also find that only the effect of inheritance rules persists over the 1971-2001 period. …

‘inheritance' is important for economic outcomes, then rare surnames should predict economic outcomes in the cross-section. This is … develop a model that articulates this idea and shows that the more important is inheritance, the more informative will be …

finding, we describe a model of multi-trait matching and inheritance, in which individuals’ attractiveness in the marriage …

This paper combines income tax returns with Flow of Funds data to estimate the distribution of household wealth in the … United States since 1913. We estimate wealth by capitalizing the incomes reported by individual taxpayers, accounting for … can observe both income and wealth: the Survey of Consumer Finance, linked estate and income tax returns, and foundations …