Gateway to Think Tanks
来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP11456 |
DP11456 Intergenerational wealth mobility and the role of inheritance: Evidence from multiple generations | |
Daniel Waldenstrom; Adrian Adermon; Mikael Lindahl | |
发表日期 | 2016-08-23 |
出版年 | 2016 |
语种 | 英语 |
摘要 | This study estimates intergenerational correlations in mid-life wealth across three generations, and a young fourth generation, and examines how much of the parent-child association that can be explained by inheritances. Using a Swedish data set we find parent-child rank correlations of 0.3–0.4 and grandparents-grandchild rank correlations of 0.1–0.2. Conditional on parents’ wealth, grandparents’ wealth is weakly positively associated with grandchild’s wealth and the parent-child correlation is basically unchanged if we control for grandparents’ wealth. Bequests and gifts strikingly account for at least 50 per cent of the parent-child wealth correlation while earnings and education are only able to explain 25 per cent. |
主题 | Economic History ; Public Economics |
关键词 | Inequality Income mobility Inheritance |
URL | https://cepr.org/publications/dp11456 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/540270 |
推荐引用方式 GB/T 7714 | Daniel Waldenstrom,Adrian Adermon,Mikael Lindahl. DP11456 Intergenerational wealth mobility and the role of inheritance: Evidence from multiple generations. 2016. |
条目包含的文件 | 条目无相关文件。 |
除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。