Showing 1 - 10 of 1,016
households' relative wealth position show that, on average, having received an inheritance lifts a household by about 14 net …Using microdata from the Household Finance and Consumption Survey (HFCS), this study examines the role of inheritance …, income and welfare state policies in explaining differences in household net wealth within and between euro area countries …
Persistent link: https://www.econbiz.de/10013014961
wealth across euro area countries that await explanation. This paper focuses on three main factors for the wealth … three factors, in addition to the common household and demographic factors, are relevant for the net wealth accumulation … particular in homeownership rates and house price dynamics, are important for explaining wealth differences across euro area …
Persistent link: https://www.econbiz.de/10013054675
received a wealth transfer and these accounted for 23 percent of their net worth. Over the lifetime, about 30 percent of … households could expect to receive a wealth transfer and these would account for close to 40 percent of their net worth near time … of death. However, there is little evidence of an inheritance “boom.” In fact, from 1989 to 2007, the share of households …
Persistent link: https://www.econbiz.de/10013130151
We study taxable wealth in unique Swedish administrative data, annually following a large sample of households over a … period of almost 40 years. The main data limitation is non-observability of wealth for those below the tax exemption level …. This implies that much of the focus of the paper is on the rich, since we are confined to those whose wealth becomes …
Persistent link: https://www.econbiz.de/10013130148
Crossing borders, be it international or regional, often go together with price, wage or indeed wealth discontinuities …. This paper identifies substantial wealth differences between Luxembourg resident households and cross-border commuter … households despite their similar incomes. The average (median) net wealth difference is estimated to be €367,000 (€129,000) and …
Persistent link: https://www.econbiz.de/10013055306
inheritance on wealth accumulation varies, depending on the rank of the households in the wealth distribution. We also highlight …This article aims at linking the household wealth and income distributions for 15 European countries using the … determining its location in the wealth distribution. A generalized ordered probit model is estimated to explain the role played by …
Persistent link: https://www.econbiz.de/10013053420
evidence that wealth is heavily concentrated at the upper tail of the wealth distribution. A commonly cited number for the US … is that 1 percent of the households hold 30 percent of total household wealth. I investigate the reliability of upper … tail wealth estimates from household wealth surveys in the presence of survey differential non-response, i.e. the fact that …
Persistent link: https://www.econbiz.de/10013053766
This paper analyses the existence of an immigrant/native wealth gap by using household survey data for Luxembourg …, Germany and Italy. The results show that, in all three countries, a sizeable wealth gap exists between natives and immigrants …. Towards the upper tail of the wealth distribution the gap narrows to a small extent. This gap persists even after controlling …
Persistent link: https://www.econbiz.de/10013130146
holdings and liabilities of all households within a country. In principle, when household wealth surveys are explicitly …. Thereafter we investigate missing top tail observation from wealth surveys as a source of discrepancy. By fitting a Pareto … underestimation of the top tail of the wealth distribution. Conceptual and generic differences as well as missing top tail …
Persistent link: https://www.econbiz.de/10013315397
. Distributional information on households’ wealth is availablefrom the Household Finance and Consumption Survey only for three points … quarterly distributional national wealth by (i) improving the alignment of surveyfieldwork periods with the national accounts … series; and (v)computing euro area aggregates. This paper finds an increase in the net wealth Gini of mosteuro area countries …
Persistent link: https://www.econbiz.de/10014030310