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differences, but inheritance is also widely recognised as playing a major role, especially at the upper end of the wealth range. A … the results of studies that assess the contributions of inheritance and lifecycle factors, and give attention also to a …
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Rising inequality in income, wealth and consumption has received a good deal of public attention in the past years. At the same time, also macroeconomists are more and more interested in inequality as they have expanded their models to incorporate heterogeneity in the household sector. We supply...
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