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We study the history and geography of wealth accumulation in the US, using newly collected historical property tax …, and financial), making it one of the first "wealth taxes." Drawing on many historical records, we construct long …-run, consistent, high-frequency wealth series at the county, state, and national levels. We first document the long-term evolution of …
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How does economic growth affect individual wealth accumulation and, thereby, wealth inequality? Combining individual … wealth from the Socio-Economic Panel (SOEP) and local GDP growth across 401 German counties, this paper documents a sizable … Hometown-Growth-Wealth Nexus. We find that past variation in hometown growth across cohorts and regions contributes to high …
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's birth place is an important determinant for wealth in adulthood. We exploit a new dataset that oversamples wealthy … individuals in Germany and includes information on birth district, current residence, individual wealth, gifts and inheritances … and parental background. To identify the effect of economic growth on children's wealth we match the population of heirs …
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