Bericht

Why do wealthy parents have wealthy children?

Why do the children of wealthy parents accumulate more wealth than children from poorer backgrounds? Does parental wealth have a role in determining young people's earnings, saving choices, returns to wealth and access to homeownership? How much wealth do parents give directly to their children? What other channels are involved in the persistence of wealth from one generation to the next? As wealth has grown compared with earnings, questions about the role of wealth in determining living standards and the transmission of wealth inequalities across generations have come to the fore. This report sheds light on why wealth inequalities persist across generations in the UK,using data that measure the wealth of parents and their adult children. We assess the role of education, earnings, saving decisions, portfolio decisions, access to homeownership and partners' earnings in transmitting inequalities in wealth across generations.

ISBN
978-1-80103-055-7
Sprache
Englisch

Erschienen in
Series: IFS Report ; No. R196

Klassifikation
Wirtschaft
Thema
Vermögen
Vermögensverteilung
Intergenerationenmobilität
Generationengerechtigkeit
Eltern
Kinder
Großbritannien

Ereignis
Geistige Schöpfung
(wer)
Davenport, Alexander
Levell, Peter
Sturrock, David
Ereignis
Veröffentlichung
(wer)
Institute for Fiscal Studies (IFS)
(wo)
London
(wann)
2021

DOI
doi:10.1920/re.ifs.2021.0196
Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Bericht

Beteiligte

  • Davenport, Alexander
  • Levell, Peter
  • Sturrock, David
  • Institute for Fiscal Studies (IFS)

Entstanden

  • 2021

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