Strong intergenerational associations in wealth have fueled a longstanding debate over why children of wealthy parents … tend to be well off themselves. We investigate the role of family background in determining children's wealth accumulation … by Norwegian parents to a population panel data set with detailed information on disaggregated wealth portfolios and …

wealth is difficult to establish due to many potential sources of endogeneity. Utilizing the Household Finance and … wealth position of the household only through homeownership. For the sample of inheritors we find that the local average … reductions in the net holdings of financial and other real wealth of the treated households …

Current trends in the distribution of wealth trigger a social divide and threaten democracy. I propose to counter this … requires two novel institutions: a socially responsible Sovereign Wealth Fund and a Federal Shareholder. This paper offers an …

, 19th century weight was higher in states with greater average wealth and population density and lower in states with … greater wealth inequality …

ante skill heterogeneity corresponding to being university educated or not. Using the Wealth and Assets Survey for Great … Britain, we find that the university educated group has higher average wealth, higher earnings risk but lower within group … wealth inequality. Using estimates of the earnings processes for each group to calibrate the model, we find wealth inequality …

find that the tax–transfer scheme positively affects growth while simultaneously reducing wealth inequality in the economy …

investigate the impact of differences in the strength of financial institutions and wealth inequality on trade flows, capital … greater wealth inequality will export the output of the financially dependent sector, will import capital and will be a (net …

This paper examines the role of bequests and of taxation on bequests for the distribution of wealth. We investigate a …. Using the coefficient of variation as the measure of inequality, bequests per se diminish the inequality of wealth since … they raise private savings and hence average wealth holdings more than the variance of wealth. From a policy perspective …

We consider a neoclassical economy where households derive utility from holding wealth. We show that, under some …