Arbeitspapier
How inheritances shape wealth distributions: An international comparison
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 hint that inheritances and gifts have a vastly equalizing effect on inequality in household wealth in all 8 countries.
- Language
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Englisch
- Bibliographic citation
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Series: Diskussionsbeiträge ; No. 2016/26
- Classification
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Wirtschaft
Personal Income, Wealth, and Their Distributions
Macroeconomics: Consumption; Saving; Wealth
- Subject
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Inheritance
Household wealth
Inequality
- Event
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Geistige Schöpfung
- (who)
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Bönke, Timm
von Werder, Marten
Westermeier, Christian
- Event
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Veröffentlichung
- (who)
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Freie Universität Berlin, Fachbereich Wirtschaftswissenschaft
- (where)
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Berlin
- (when)
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2016
- Handle
- Last update
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10.03.2025, 11:41 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Bönke, Timm
- von Werder, Marten
- Westermeier, Christian
- Freie Universität Berlin, Fachbereich Wirtschaftswissenschaft
Time of origin
- 2016