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Eigentum und Erbe in der Mitte der deutschen Gesellschaft relativ gleichmäßig verteilt oder zeigen sich bedeutsame … Immobilienvermögen und im Erbe nachgegangen. Geht man von einer rein einkommensbezogenen Definition der Mitte aus, so zeigt sich ein … geringer Verbreitungsgrad von Immobilienbesitz und Erbe in der unteren Mittelschicht (60 bis 80 Prozent des Medianeinkommens …
Persistent link: https://www.econbiz.de/10011707716
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/10011605346
Classified broadly, two motives for intra-family transfers exist: altruism and selfishness. This paper examines two selfish hypotheses - the exchange motive (strategic bequest motive)and the demonstration effect - using a new Japanese micro data set. My analysis of the determinants of...
Persistent link: https://www.econbiz.de/10010332521
well as at all levels of net wealth at a point in time. Gifts and inheritances are only an important source of income flows … much different from the actual distribution. Our findings suggest that inheritance taxes may do little to mitigate the … extreme wealth inequality in society. …
Persistent link: https://www.econbiz.de/10013198555
Parental investments significantly impact children's outcomes. Exploiting panel data covering individuals from birth to retirement, we estimate child skill production functions and embed them into an estimated dynastic model in which altruistic mothers and fathers make investments in their...
Persistent link: https://www.econbiz.de/10014480401
Retired households, especially those with high lifetime income, decumulate their wealth very slowly, and many die … home. We discuss the empirical strategies used to differentiate these motivations, most of which go beyond wealth to …
Persistent link: https://www.econbiz.de/10014480367
To help shed light on the implications of intergenerational transfers for wealth inequality, this paper uses data for … children in both Japan and the United States, which in turn is likely to contribute to the persistence or widening of wealth … help alleviate the disequalizing effect of intergenerational transfers on the distribution of wealth, at least to some …
Persistent link: https://www.econbiz.de/10011688678
and women, compared to non-Jews, with additional analyses of earnings, self-employment, and wealth. The Jews in Colonial …-employed professionals. The high level of human wealth of contemporary American Jews is not at the expense of non-human wealth. Overall, and … even when other variables including schooling are held constant, Jews have higher levels of wealth and higher rates of …
Persistent link: https://www.econbiz.de/10010269403
for fluctuations in income and out-of-pocket medical expenses, as well as financial wealth sufficient to buffer against …
Persistent link: https://www.econbiz.de/10010289981
wealth accumulation in these two countries can be enlightening. In this paper we examine wealth inequality and mobility in … Sweden and the United States over the past decade. We show that wealth inequality has been significantly greater in the U …. In addition to less inequality and a higher median wealth, we also show that wealth quintile mobility in the 1990's has …
Persistent link: https://www.econbiz.de/10010321756