| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP16940 |
| DP16940 The (Un)Importance of Inheritance | |
| Sandra Black; Paul J. Devereux; Fanny Landaud; Kjell G Salvanes | |
| 发表日期 | 2022-01-21 |
| 出版年 | 2022 |
| 语种 | 英语 |
| 摘要 | Transfers from parents—either in the form of gifts or inheritances—have received much attention as a source of inequality. This paper uses a 19-year panel of administrative data for the population of Norway to examine the share of the Total Inflows available to an individual (defined as the capitalized sum of net labor income, government transfers, and gifts and inheritances received over the period) accounted for by capitalized gifts and inheritances. Perhaps surprisingly, we find that gifts and inheritances represent a small share of Total Inflows; this is true across the distribution of Total Inflows, as well as at all levels of net wealth at a point in time. Gifts and inheritances are only an important source of income flows among those who have very wealthy parents. Additionally, gifts and inheritances have very little effect on the distribution of Total Inflows – when we do a counterfactual Total Inflows distribution with zero gifts and inheritances, it is not much different from the actual distribution. Our findings suggest that inheritance taxes may do little to mitigate the extreme wealth inequality in society. |
| 主题 | Labour Economics |
| 关键词 | Intergenerational transmission Inheritances and gifts Wealth inequality |
| URL | https://cepr.org/publications/dp16940 |
| 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/545880 |
| 推荐引用方式 GB/T 7714 | Sandra Black,Paul J. Devereux,Fanny Landaud,et al. DP16940 The (Un)Importance of Inheritance. 2022. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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