How inheritances shape wealth distributions: An international comparison

被引：4
|
作者：
Boenke, Timm [1 ]
Werder, Marten V. [1 ]
Westermeier, Christian [2 ]
机构：
[1] Free Univ Berlin, Sch Business & Econ, Boltzmannstr 20, D-14195 Berlin, Germany
[2] IAB, Regensburger Str 104, D-90478 Nurnberg, Germany
来源：
ECONOMICS LETTERS | 2017年 / 159卷
关键词：
Inheritance; Household wealth; Inequality; Decomposition; INTERGENERATIONAL TRANSFERS; ACCUMULATION; INEQUALITY;
D O I：
10.1016/j.econlet.2017.08.007
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
We use data from the European Household Finance and Consumption Survey in order to examine the distributional effect of intergenerational wealth transfers on the net worth distribution in 8 European countries and compare it to recent findings for the US. To do so, we resort to the decomposition of the coefficient of variation as suggested and applied by Wolff (1987, 2002, 2015) and Wolff and Gittleman (2014). The results seem to imply that inheritances and gifts have a vastly equalizing effect on inequality in household wealth in all 8 countries. (C) 2017 Elsevier B.V. All rights reserved.
引用
收藏
页码：217 / 220
页数：4
相关论文
共 50 条
  • [1] How Do Inheritances Shape Wealth Inequality? Theory and Evidence from Sweden
    Nekoei, Arash
    Seim, David
    REVIEW OF ECONOMIC STUDIES, 2023, 90 (01): : 463 - 498
  • [2] Inheritances, social classes, and wealth distribution
    Patricio, Pedro
    Araujo, Nuno A. M.
    PLOS ONE, 2021, 16 (10):
  • [3] Inheritances and wealth inequality, 1989-1998
    Wolff, EN
    AMERICAN ECONOMIC REVIEW, 2002, 92 (02): : 260 - 264
  • [4] Inheritances and wealth inequality: a machine learning approach
    Pedro Salas-Rojo
    Juan Gabriel Rodríguez
    The Journal of Economic Inequality, 2022, 20 : 27 - 51
  • [5] Lifetime Receipt of Inheritances and the Distribution of Wealth in England
    Crawford, Rowena
    Hood, Andrew
    FISCAL STUDIES, 2016, 37 (01) : 55 - 75
  • [6] Inheritances and wealth inequality: a machine learning approach
    Salas-Rojo, Pedro
    Gabriel Rodriguez, Juan
    JOURNAL OF ECONOMIC INEQUALITY, 2022, 20 (01): : 27 - 51
  • [7] Consumption and wealth: An international comparison
    Sefton, JA
    In't Veld, JW
    MANCHESTER SCHOOL, 1999, 67 (04): : 525 - 544
  • [8] INHERITANCES OF TOP WEALTH LEAVERS - SOME FURTHER EVIDENCE
    HARBURY, CD
    HITCHENS, DMWN
    ECONOMIC JOURNAL, 1976, 86 (342): : 321 - 326
  • [9] Top Indian wealth shares and inheritances 1966–1985
    Rishabh Kumar
    Cliometrica, 2020, 14 : 551 - 580
  • [10] Inheritances and the distribution of wealth or whatever happened to the great inheritance boom?
    Edward N. Wolff
    Maury Gittleman
    The Journal of Economic Inequality, 2014, 12 : 439 - 468
12345