We examine the socially optimal wealth distribution in a two-person two-good model with heterogeneous workers and … other (non-social) individual. We show that the interdependence can effectively counter-act the need to transfer wealth to … social interactions it can be socially desirable to keep substantial wealth inequality. …

There is growing interest in understanding how gender influences the accumulation of wealth. While prior studies … focused on labor-related determinants, our research focuses on inheritances and gifts. Using unique survey data that … oversamples the top 1% of wealth holders in Germany, we show that the gender wealth gap is small for individuals up to age 40 …

This paper examines the effect of wealth on labour market behaviour. Providing convincing evidence on this relationship … is challenging since wealth and labour supply may be endogenously determined. We overcome this by looking at wealth … shocks in the form of inheritances, distinguishing between unanticipated and anticipated inheritances. We provide a …

Welfare-oriented analyses of economic outcome measures such as income and wealth generally rest on the assumption of … distribution of income and wealth within the household context. Based on unique individual-level wealth data from the German Socio … evidence for a significant gender wealth gap of about 30,000 euros in Germany, which amounts to almost 50,000 euros for married …

wealth accumulation, their holdings of financial assets, and the relative risk in their chosen asset portfolios that have … especially so at older ages. This research examines the association of cognitive skills with wealth, wealth growth, and wealth …

levels, single immigrants have a wealth advantage of almost $185,000 relative to single native-born individuals. Although the … wealth gap between mixed and native-born couples is not statistically significant, immigrant-only couples have approximately … $150,000 less wealth on average than native-born couples. Relative to equally wealthy native-born couples, immigrant …

This paper analyzes the sources of disparities in the relative wealth position of Mexican Americans. Results reveal … that wealth gaps are in large part not the result of differences in conditional expected wealth functions. Similarly … more of Mexican Americans? wealth disadvantage is attributable to the fact that these families have more young children and …

SIPP data are used to analyze the wealth of the U.S. foreign-born population. We find that the median wealth level of U ….S.-born couples is 2.3 times the median of foreign-born couples, while the median wealth level of U.S.-born singles is three times … that of foreign-born singles. Further, there is a great deal of diversity in wealth within the immigrant population …

Do income disparities between men and women translate into longer term wealth disparities? We use the Survey of Income …