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Displaying results 1 to 25 of 77.

  1. Collateral damages of the great crisis in Spain
    a longitudinal health study
    Author: Sáez, Marc; Vidiella-Martin, Joaquim; López i Casasnovas, Guillem
    Published: March 2018
    Publisher:  Universitat Pompeu Fabra, Department of Economics and Business, Barcelona

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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Economics working paper series ; no. 1603
    Subjects: health; inequality; wealth; Great Recession; Spain
    Scope: 1 Online-Ressource (circa 22 Seiten), Illustrationen
  2. The cross-border household finance and consumption survey
    results from the second wave
    Author: Mathä, Thomas; Pulina, Giuseppe; Ziegelmeyer, Michael
    Published: April 2018
    Publisher:  Banque centrale du Luxembourg, Luxembourg

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    Media type: Book
    Format: Online
    Series: Working paper / Banque centrale du Luxembourg ; no 119
    Subjects: cross-border commuters; households; survey; assets; liabilities; wealth; income; consumption
    Scope: 1 Online-Ressource (circa 47 Seiten), Illustrationen
  3. Intergenerational mobility in the very long run
    Florence 1427-2011
    Author: Barone, Guglielmo; Mocetti, Sauro
    Published: [2016]
    Publisher:  Banca d'Italia Eurosistema, [Rom]

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    Language: English
    Media type: Book
    Format: Online
    Series: Temi di discussione / Banca d'Italia ; number 1060 (April 2016)
    Subjects: intergenerational mobility; earnings; wealth; professions; informational content of surnames; Florence
    Scope: 1 Online-Ressource (circa 42 Seiten), Illustrationen
  4. The net effect of housing-related costs and advantages on the relationship between inequality and poverty
    Author: Yang, Lin
    Published: [2018]
    Publisher:  Centre for Analysis of Social Exclusion, London School of Economics, London

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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: CASEpaper ; 212 (November 2018)
    LIPpaper ; 9
    Subjects: poverty; inequality; redistribution; perceptions; wealth
    Scope: 1 Online-Ressource (circa 53 Seiten), Illustrationen
  5. Making sense of Piketty's "fundamental laws" in a Post-Keynesian framework
    Author: Ederer, Stefan; Rehm, Miriam
    Published: September 2018
    Publisher:  INEQ, Economics of Inequality Research Institute, WU Vienna, Wien

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    Language: English
    Media type: Book
    Format: Online
    Series: INEQ working paper series ; #10
    Subjects: Post-Keynesian; model; wealth; saving; inequality; Piketty; simulation
    Scope: 1 Online-Ressource (circa 27 Seiten), Illustrationen
  6. The functions of wealth
    renters, owners and capitalists across Europe and the United States
    Author: Fessler, Pirmin; Schürz, Martin
    Published: 2018
    Publisher:  OeNB, Oesterreichische Nationalbank, Vienna, Austria

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    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/264815
    Series: Working paper / OeNB, Oesterreichische Nationalbank ; 223
    Subjects: wealth; inequality; households; survey data; class
    Scope: 1 Online-Ressource (circa 45 Seiten), Illustrationen
  7. Making sense of Piketty's "fundamental laws" in a Post-Keynesian framework
    the transitional dynamics of wealth inequality
    Author: Ederer, Stefan; Rehm, Miriam
    Published: Oktober 2018
    Publisher:  Kammer für Arbeiter und Angestellte für Wien, Wien

    If Piketty's main theoretical prediction (r>g leads to rising wealth inequality) is taken to its radical conclusion, then a small elite will own all wealth if capitalism is left to its own devices. We formulate and calibrate a Post-Keynesian model... more

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    If Piketty's main theoretical prediction (r>g leads to rising wealth inequality) is taken to its radical conclusion, then a small elite will own all wealth if capitalism is left to its own devices. We formulate and calibrate a Post-Keynesian model with an endogenous distribution of wealth between workers and capitalists which permits such a corner solution of all wealth held by capitalists. However, it also shows interior solutions with a stable, non-zero wealth share of workers, a stable wealth-to-income ratio, and a stable and positive gap between the profit and the growth rate determined by the Cambridge equation. More importantly, simulations show that the model conforms to Piketty's empirical findings during a transitional phase of increasing wealth inequality, which characterizes the current state of high-income countries: The wealth share of capitalists rises to over 60%, the wealth-to-income ratio increases, and income inequality rises. Finally, we show that the introduction of a wealth tax as suggested by Piketty could neutralize this rise in wealth concentration predicted by our model.

     
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    Source: Union catalogues
    Language: English
    Media type: Ebook
    Format: Online
    ISBN: 9783706307475
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    Series: Materialien zu Wirtschaft und Gesellschaft ; Nr. 181
    Subjects: Post-Keynesian; model; wealth; saving; inequality; Piketty; simulation
    Scope: 1 Online-Ressource (circa 34 Seiten), Illustrationen
  8. The wealth of immigrant families in Canada
    Author: Morissette, René
    Published: April 16, 2019
    Publisher:  Statistics Canada, [Ottawa]

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    Source: Union catalogues
    Language: English
    Media type: Ebook
    Format: Online
    ISBN: 9780660301754
    Other identifier:
    11F0019M-No. 422
    Series: Analytical Studies Branch research paper series ; no. 422
    Research paper / Statistics Canada
    Subjects: wealth; net worth; assets; debts; immigration
    Scope: 1 Online-Ressource (circa 46 Seiten), Illustrationen
  9. Non-bunching at kinks and notches in cash transfers
    Author: Bosch, Nicole; Jongen, Egbert L. W.; Leenders, Wouter; Möhlmann, Jan L.
    Published: June 2019
    Publisher:  CPB Netherlands Bureau for Economic Policy Analysis, [Den Haag]

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    Language: English
    Media type: Book
    Format: Online
    Series: CPB discussion paper
    Subjects: Bunching; cash transfers; income; wealth
    Scope: 1 Online-Ressource (circa 53 Seiten), Illustrationen
  10. Measuring economic insecurity with a joint income-wealth approach
    Author: Petrov, Dmitry; Romaguera de la Cruz, Marina
    Published: 2023 February
    Publisher:  ECINEQ, Society for the Study of Economic Inequality, [Verona]

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    Series: Working paper series / ECINEQ, Society for the Study of Economic Inequality ; 637 (2023)
    Subjects: income; wealth; economic insecurity; objective risk; PSID
    Scope: 1 Online-Ressource (circa 51 Seiten), Illustrationen
  11. Wealth distribution and household economies of scale
    do families matter for inequality?
    Author: Rapp, Severin
    Published: February 2023
    Publisher:  Vienna University of Economics and Business, Wien

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    Series: Department of Economics working paper / Vienna University of Economics and Business ; no. 336
    Subjects: inequality; wealth; economies of scale; measurement; capitalist spirit
    Scope: 1 Online-Ressource (circa 32 Seiten), Illustrationen
  12. Household Finance and Consumption Survey in Malta
    results from the fourth wave
    Author: Antonaroli, Valentina; Deguara, Warren; Muscat, Aleandra
    Published: [2023]
    Publisher:  Central Bank of Malta, [Valletta]

    This article summarizes the main findings from the fourth wave of the Household Finance and Consumption Survey (HFCS) for Malta. The HFCS is part of a co-ordinated research project led by the European Central Bank and involves national central banks... more

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    This article summarizes the main findings from the fourth wave of the Household Finance and Consumption Survey (HFCS) for Malta. The HFCS is part of a co-ordinated research project led by the European Central Bank and involves national central banks of all euro area countries and selected non-euro area EU member states. The results presented are obtained from micro-data collected for reference year 2020 from households residing in Malta and compared with the previous three waves. The HFCS provides household-level data on assets, liabilities, wealth and income. As such, it plays an important role in analysing the economic behaviour of Maltese households and contributes to a better understanding of the developments underlying macro statistics. The results also provide a glimpse of the impact of the COVID-19 pandemic on household balance sheets and finances.

     
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    Media type: Book
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    Series: Working papers / Central Bank of Malta ; WP/2023, 01
    Subjects: Household finance; consumption; wealth; survey data
    Scope: 1 Online-Ressource (circa 68 Seiten), Illustrationen
  13. Taxation of the rich and the cost of raising tax revenue
    Author: Bjertnæs, Geir H. M.
    Published: May 2023
    Publisher:  Statistics Norway, Research Department, Oslo

    Taxation of capital income and wealth designed to redistribute from the rich may harm small open economies with a globalized capital market as investments are distorted. This study shows that raising tax revenue by taxing wealth is less costly than... more

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    Taxation of capital income and wealth designed to redistribute from the rich may harm small open economies with a globalized capital market as investments are distorted. This study shows that raising tax revenue by taxing wealth is less costly than by taxing labor income within a simplified model framework designed for modest levels of taxes on capital income and wealth. The explanation is that a recidence based tax on wealth collects tax revenue from wealthy investors without distorting investments. The study also shows that raising tax revenue by increasing the tax rate on capital income marginally above the foreign tax level is less costly than by increasing the tax rate on labor income even though foreign investments is distorted. An assessment of these results together with other empirical and theoretical studies uncover that the cost of taxing capital income and wealth is likely to increase with the level of these taxes, however.

     
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    Series: Discussion papers / Statistics Norway, Research Department ; 1002
    Subjects: Taxation; capital income; wealth
    Scope: 1 Online-Ressource (circa 28 Seiten)
  14. Taxation of the rich and incentives for investments
    the case of Norway
    Author: Bjertnæs, Geir H. M.
    Published: May 2023
    Publisher:  Statistics Norway, Research Department, Oslo

    Taxation of capital income and wealth redistributes from the rich but may harm the Norwegian economy as business investments is distorted. This study shows how to redistribute from the richest without distorting investment decisions of foreign and... more

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    Taxation of capital income and wealth redistributes from the rich but may harm the Norwegian economy as business investments is distorted. This study shows how to redistribute from the richest without distorting investment decisions of foreign and domestic investors within a simplified model framework designed for modest levels of taxes on capital income and wealth. A wealth tax without a discount for working capital combined with a tax rate on ordinary income equal to the corporate tax rate abroad achieves these goals. This tax proposal is assessed based on previous results on taxation.

     
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    Source: Union catalogues
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    Format: Online
    Series: Discussion papers / Statistics Norway, Research Department ; 1001
    Subjects: Taxation; capital income; wealth
    Scope: 1 Online-Ressource (circa 27 Seiten)
  15. Insurance and portfolio decisions
    two sides of the same coin?
    Author: Armantier, Olivier; Foncel, Jérôme; Treich, Nicolas
    Published: April 2023
    Publisher:  [Toulouse School of Economics], [Toulouse]

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    Series: Working papers / Toulouse School of Economics ; no 1425
    Subjects: Portfolio decisions; insurance; wealth
    Scope: 1 Online-Ressource (circa 43 Seiten), Illustrationen
  16. Highbrow heritage: the effects of early childhood cultural capital on wealth
    Author: Six, Eva; Schnetzer, Matthias
    Published: 2023
    Publisher:  INEQ, Economics of Inequality Research Institute, WU Vienna, Wien

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    Series: INEQ working paper series ; #24
    Subjects: wealth; inequality; cultural capital; social mobility
    Scope: 1 Online-Ressource (circa 44 Seiten), Illustrationen
  17. Unpacking moving
    a spatial equilibrium model with wealth
    Author: Giannone, Elisa; Paixão, Nuno; Pang, Xinle; Li, Qi
    Published: 12 April 2023
    Publisher:  Centre for Economic Policy Research, London

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    Location:
    Universitätsbibliothek Mannheim
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    Language: English
    Media type: Book
    Format: Online
    Series: Array ; DP18072
    Subjects: dynamic spatial models; wealth; migration costs; housing policies; moving vouchers
    Scope: 1 Online-Ressource (circa 85 Seiten), Illustrationen
  18. Household Finance and Consumption Survey
    a comparison of the main results for Malta with the euro area
    Author: Antonaroli, Valentina; Deguara, Warren; Muscat, Aleandra
    Published: [2023]
    Publisher:  Central Bank of Malta, [Valletta]

    This paper compares the main findings from the fourth wave of the Household Finance and Consumption Survey (HFCS) for Malta with those for the euro area. This comparative report finds that in 2020 the median Maltese household held more real and... more

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    This paper compares the main findings from the fourth wave of the Household Finance and Consumption Survey (HFCS) for Malta with those for the euro area. This comparative report finds that in 2020 the median Maltese household held more real and financial assets than households in the euro area. The median value of total liabilities of indebted Maltese households also stood higher than in the euro area. Despite higher total liabilities, the debt-toasset ratio indicates that Maltese households have a significantly higher amount of assets to back their debt. Largely reflecting the higher prevalence of homeownership in Malta, the median net wealth in Malta was estimated to be significantly higher than in the euro area. At the same time, gross income of Maltese households stood notably lower when compared to the euro area. Results also show that Maltese households spend more on food but considerably less on utilities compared to euro area counterparts. Against different macroeconomic and socio-demographic backgrounds, the survey results highlight heterogeneous developments between Malta and the euro area as a whole. Furthermore, euro area averages mask notable cross-country differences.

     
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    Source: Union catalogues
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    Media type: Book
    Format: Online
    Series: Working papers / Central Bank of Malta ; WP/2023, 05
    Subjects: Household finance; consumption; wealth; survey data; comparative studies
    Scope: 1 Online-Ressource (circa 28 Seiten), Illustrationen
  19. Economic mobility and fairness in a developing country
    evidence from Peru
    Author: Castro, Juan Francisco; Yamada, Gustavo; Medina, Santiago; Armas, Joaquin
    Published: September 2023
    Publisher:  IZA - Institute of Labor Economics, Bonn, Germany

    Periods of rapid economic growth in developing countries have been well studied in terms of poverty and income inequality reduction, but much less is known about the performance of these countries in terms of economic mobility. We study... more

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    Periods of rapid economic growth in developing countries have been well studied in terms of poverty and income inequality reduction, but much less is known about the performance of these countries in terms of economic mobility. We study intragenerational mobility in Peru using an asset-based measure of wealth and longitudinal data from the Young Lives project (2002 - 2016). We find that Peruvian households enjoyed a moderately large degree of mobility in this period. Averages, however, mask significant differences between Spanish-speaking households and those that speak an indigenous language. We estimate a positive mobility gap in favor of Spanish-speaking households of 12.7 percentiles, and find that half of this gap persists after controlling for a comprehensive set of household characteristics that impact their ability to accumulate wealth. We propose a new measure of individual mobility and use it to assess the degree of inequality of opportunity for mobility, that is, to what extent is mobility caused by circumstances outside of households' control. We find that this fraction is at least 17.4% for the most disadvantaged half of the population, but only 1.9% for the more advantaged half.

     
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/282592
    Series: Discussion paper series / IZA ; no. 16465
    Subjects: economic mobility; inequality of opportunity; development; wealth
    Scope: 1 Online-Ressource (circa 38 Seiten), Illustrationen
  20. Inequality of opportunity in wealth
    levels, trends, and drivers
    Author: Graeber, Daniel; Hilbert, Viola; König, Johannes
    Published: September 2023
    Publisher:  IZA - Institute of Labor Economics, Bonn, Germany

    While inequality of opportunity (IOp) in earnings is well studied, the literature on IOp in individual net wealth is scarce to non-existent. This is problematic because both theoretical and empirical evidence show that the position in the wealth and... more

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    While inequality of opportunity (IOp) in earnings is well studied, the literature on IOp in individual net wealth is scarce to non-existent. This is problematic because both theoretical and empirical evidence show that the position in the wealth and income distribution can significantly diverge. We measure ex-ante IOp in net wealth for Germany using data from the Socio-Economic Panel (SOEP). Ex-ante IOp is defined as the contribution of circumstances to the inequality in net wealth before effort is exerted. The SOEP allows for a direct mapping from individual circumstances to individual net wealth and for a detailed decomposition of net wealth inequality into a variety of circumstances; among them childhood background, intergenerational transfers, and regional characteristics. The ratio of inequality of opportunity to total inequality is stable from 2002 to 2019. This is in sharp contrast to labor earnings, where ex-ante IOp is declining over time. Our estimates suggest that about 62% of the inequality in net wealth is due to circumstances. The most important circumstances are intergenerational transfers, parental occupation, and the region of birth. In contrast, gender and individuals' own education are the most important circumstances for earnings.

     
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    Media type: Book
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    Other identifier:
    hdl: 10419/282615
    Series: Discussion paper series / IZA ; no. 16488
    Subjects: inequality; wealth; inequality of opportunity; decomposition
    Scope: 1 Online-Ressource (circa 57 Seiten), Illustrationen
  21. Who gives and receives substantial financial transfers in Britain?
    Author: Boileau, Bee; Sturrock, David
    Published: [2023]
    Publisher:  Institute for Fiscal Studies, [London]

    We document key patterns in the flow of significant gifts and loans between friends and family in Great Britain, using newly-available data from the Wealth and Assets Survey. We identify a number of new stylised facts. Gifts and loans are generally... more

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    We document key patterns in the flow of significant gifts and loans between friends and family in Great Britain, using newly-available data from the Wealth and Assets Survey. We identify a number of new stylised facts. Gifts and loans are generally intergenerational transfers: 83% of the value of gifts and 68% of the value of loans is made by parents to their children. Transfers increase inequality in economic resources over the early years of adult life. Over an 8-year period, cumulative transfers received are worth 0.5% of income for those in the bottom quintile compared to 2.6% of income for the top quintile. By contrast, they are larger as a share of current wealth for those with lower wealth levels, illustrating the importance of heterogeneous savings rates. Transfers strengthen the transmission of inequalities across generations. More than half of the value of gifts is given by the wealthiest fifth of individuals, and transfer receipt widens the gaps in resources between those with higher and lower socio-economic status parents in both absolute and percentage terms. There are substantive differences in the receipt of transfers by region and ethnicity. While much of the regional differences in giving appear to be driven by regional wealth differences, those in the South of England are substantially more likely to give gifts for a given wealth level.

     
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    Other identifier:
    hdl: 10419/284234
    Series: Working paper / lnstitute for Fiscal Studies ; 23, 08
    Subjects: Inter-vivos transfers; gifts; loans; wealth
    Scope: 1 Online-Ressource (circa 38 Seiten), Illustrationen
  22. What drives the timing of inter-vivos transfers?
    Author: Boileau, Bee; Sturrock, David
    Published: [2023]
    Publisher:  Institute for Fiscal Studies, [London]

    Understanding the drivers of wealth transfers during life is crucial to understanding the intergenerational transmission of inequality, the optimal design of social insurance, and the efficacy of expansionary fiscal policy. To shed light on this, we... more

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    Understanding the drivers of wealth transfers during life is crucial to understanding the intergenerational transmission of inequality, the optimal design of social insurance, and the efficacy of expansionary fiscal policy. To shed light on this, we analyse the relationships between giving and receiving significant wealth transfers and experiencing key life events. We use newly-available data from the UK Wealth and Assets Survey to investigate recipients’ self-reported transfer use, alongside measures of life event transitions contemporaneous with transfer receipt. Our findings suggest that substantial intergenerational transfers help recipients to make consumption or investment decisions with a up-front fixed cost, like moving into homeownership, rather than providing intra-family insurance of shocks. This is particularly the case for those with more affluent parents. Events in givers’ lives, including receiving an inheritance and being widowed, also have the potential to explain a substantial share of transfers made. Becoming a widow is strongly associated with an increased likelihood of making a transfer, but this is not the case for new widowers, consistent with gender differences in preferences for making transfers.

     
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    Other identifier:
    hdl: 10419/284235
    Series: Working paper / lnstitute for Fiscal Studies ; 23, 09
    Subjects: nter-vivos transfers; gifts; loans; wealth
    Scope: 1 Online-Ressource (circa 43 Seiten), Illustrationen
  23. Inequality of opportunity in wealth
    levels, trends, and drivers
    Author: Graeber, Daniel; Hilbert, Viola; König, Johannes
    Published: [2023]
    Publisher:  Universität Potsdam, Potsdam

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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
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    VS 811
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    Universität Potsdam, Universitätsbibliothek
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
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    Series: CEPA discussion papers ; no. 69 (October 2023)
    Subjects: inequality; wealth; inequality of opportunity; decomposition
    Scope: 1 Online-Ressource (54 Seiten; 4002 KB), Illustratioen
    Notes:

    While inequality of opportunity (IOp) in earnings is well studied, the literature on IOp in individual net wealth is scarce to non-existent. This is problematic because both theoretical and empirical evidence show that the position in the wealth and income distribution can significantly diverge.We measure ex-ante IOp in net wealth for Germany using data from the Socio-Economic Panel (SOEP). Ex-ante IOp is defined as the contribution of circumstances to the inequality in net wealth before effort is exerted. The SOEP allows for a direct mapping from individual circumstances to individual net wealth and for a detailed decomposition of net wealth inequality into a variety of circumstances; among them childhood background, intergenerational transfers, and regional characteristics. The ratio of inequality of opportunity to total inequality is stable from 2002 to 2019. This is in sharp contrast to labor earnings, where ex-ante IOp is declining over time. Our estimates suggest that about 62% of the inequality in net wealth is due to circumstances. The most important circumstances are intergenerational transfers, parental occupation, and the region of birth. In contrast, gender and individuals’ own education are the most important circumstances for earnings
  24. The socio-economic dimensions of racial inequality in South Africa
    a social space perspective
    Author: Branson, Nicola; Hjellbrekke, Johs.; Leibbrandt, Murray V.; Ranchhod, Vimal; Savage, Michael; Whitelaw, Emma
    Published: [2023]
    Publisher:  ACEIR, SALDRU, School of Economics, University of Cape Town, Rondebosch, South Africa

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    Series: Working paper series / African Centre of Excellence for Inequality Research (ACEIR) ; no. 10 (September 2023)
    Subjects: racial inequality; wealth; South Africa; social class
    Scope: 1 Online-Ressource (circa 34 Seiten), Illustrationen
  25. The Luxembourg household finance and consumption survey
    results from the fourth wave in 2021
    Author: Mathä, Thomas; Pulina, Giuseppe; Montes-Viñas, Ana; Ziegelmeyer, Michael
    Published: November 2023
    Publisher:  Banque centrale du Luxembourg, Luxembourg

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    Series: Working paper / Banque centrale du Luxembourg ; no 176
    Subjects: Household; survey; wealth; income; assets; debts; COVID-19
    Scope: 1 Online-Ressource (circa 134 Seiten), Illustrationen