| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w28546 |
| 来源ID | Working Paper 28546 |
| On the Distribution of Estates and the Distribution of Wealth: Evidence from the Dead | |
| Yonatan Berman; Salvatore Morelli | |
| 发表日期 | 2021-03-15 |
| 出版年 | 2021 |
| 语种 | 英语 |
| 摘要 | Detailed information about the distribution of estates left at death has commonly served as the basis for the estimation of wealth distributions among the living via the mortality multiplier method. The application of detailed mortality rates by demographics and other determinants of mortality is crucial for obtaining an unbiased representation of the wealth distribution of the living. Yet, in this paper we suggest that a simplified mortality multiplier method, derived using average mortality rates and aggregate tabulations by estate size, may be sufficient to derive compelling estimates of wealth concentration. We show that the application of homogeneous multipliers leads to estimates that are close in level and trend to the concentration of wealth derived in the existing literature with the detailed mortality multiplier method for a variety of countries. The use of mortality rates graduated by estate size does not confute this finding. We also derive the general formal conditions for the similarity between the distributions of wealth of the living and estates at death and discuss the main caveats. These findings may unlock a wide array of aggregate estate tabulations, previously thought to be unusable, for estimating historical trends of wealth concentration. |
| 主题 | Microeconomics ; Market Structure and Distribution ; Public Economics ; Taxation ; History ; Labor and Health History |
| URL | https://www.nber.org/papers/w28546 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/586218 |
| 推荐引用方式 GB/T 7714 | Yonatan Berman,Salvatore Morelli. On the Distribution of Estates and the Distribution of Wealth: Evidence from the Dead. 2021. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w28546.pdf（1409KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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