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changes in income distribution and in private wealth on consumption and investment covering a period from as early as 1855 …-Keynesian debate on the nature of demand regimes, mainstream analyses of wealth effects and the financialisation debate. We find that … shares, which is driven by residential investment. For corporate investment alone, we find a negative relation. Wealth …
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Wer erhält das Erbe eines Verstorbenen? Wer kann Rechte an einer Erbschaft geltend machen und wer entscheidet über deren Verteilung? Die Antworten darauf fielen in früheren Epochen und je nach Gesellschaft, Milieu und Kultur anders aus. Rechtliche, ökonomische, und soziale Normen und...
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This paper uses SOEP data to study the distributional effect of intergenerational transfers on the wealth distribution … aggregate bequest flows. At the same time, there is an ongoing debate on the distributional implications of such wealth shocks … of households. The model allows for dynamic adjustment and variations in the savings behavior over the wealth …
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remain. This is particularly true for the distribution of net wealth which is of special importance for the well-being of … individuals. Wealth provides utility in a number of ways, for instance, by acting as a buffer against negative income shocks …. Using the wealth component of the German Socio-Economic Panel (GSOEP), we find that, on average, members of western …
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the top end of the wealth distribution in Germany. The SOEP-P population has about 21 times higher net wealth on average …
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This paper applies multidimensional affluence measures to a new dataset on income and wealth in 15 Eurozone countries …. We start our analysis by examining the income and wealth distributions separately for each country, and extend it to a … multidimensional setting by considering the joint distribution of income and wealth. The results indicate that the percentage of …
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