Aktiviteter pr. år
Abstract
Using Danish administrative data, we estimate the impact of bequests on the level and inequality of wealth. We compare the distributions of wealth over time of people whose parent died and those whose parent did not. Bequests account for 26 percent of the average post-bequest wealth 1-3 years after parental death and significantly affect wealth throughout the distribution. Bequests increase absolute wealth inequality (variance of the distribution censored at the top/bottom 1% increases by 33 percent), but reduce relative inequality (the top 1% share declines by 6 percentage points from the base of 31 percent).
Originalsprog | Engelsk |
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Tidsskrift | The American Economic Review |
Vol/bind | 106 |
Udgave nummer | 5 |
Sider (fra-til) | 656-661 |
ISSN | 0002-8282 |
DOI | |
Status | Udgivet - 2016 |
Bibliografisk note
JEL Classifikation: D31; D64Emneord
- Det Samfundsvidenskabelige Fakultet
Aktiviteter
- 1 Andet (priser, ekstern undervisning samt andet). - Andet
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Wealth Inequality: The Role of Inheritance and Taxation of Wealth: Postdoctoral scholarship funded by the Danish Council for Independent Research DFF - 1329-00046
Simon Halphen Boserup (Deltager)
1 okt. 2013 → 30 jun. 2016Aktivitet: Andre aktivitetstyper › Andet (priser, ekstern undervisning samt andet). - Andet