Name: Inheritances and the Distribution of Wealth or Whatever Happened to the Great Inheritance Boom? (en Inglés)
Price: 103840.00 COP
Availability: InStock
Author: Wolff, Edward N. ; Gittleman, Maury ; U. S. Bureau of Labor Statistics
ISBN: 9781288619146

portada Inheritances and the Distribution of Wealth or Whatever Happened to the Great Inheritance Boom? (en Inglés)

Formato

Libro Físico

Autor

Edward N. Wolff

U. S. Bureau of Labor Statistics

Maury Gittleman

Editorial

Bibliogov

Idioma

Inglés

N° páginas

Encuadernación

Tapa Blanda

Dimensiones

24.6 x 18.9 x 0.2 cm

Peso

0.10 kg.

ISBN13

9781288619146

Categorías

Política y gobierno

Inheritances and the Distribution of Wealth or Whatever Happened to the Great Inheritance Boom? (en Inglés)

Edward N. Wolff (Autor) · U. S. Bureau of Labor Statistics (Autor) · Maury Gittleman (Autor) · Bibliogov · Tapa Blanda

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Reseña del libro "Inheritances and the Distribution of Wealth or Whatever Happened to the Great Inheritance Boom? (en Inglés)"

We found that on average over the period from 1989 to 2007, 21 percent of American households at a given point of time received a wealth transfer and these accounted for 23 percent of their net worth. Over the lifetime, about 30 percent of households could expect to receive a wealth transfer and these would account for close to 40 percent of their net worth near time of death. However, there is little evidence of an inheritance "boom." In fact, from 1989 to 2007, the share of households reporting a wealth transfer fell by 2.5 percentage points. The average value of inheritances received among all households did increase but at a slow pace, by 10 percent, and wealth transfers as a proportion of current net worth fell sharply over this period from 29 to 19 percent or by 10 percentage points. We also found, somewhat surprisingly, that inheritances and other wealth transfers tend to be equalizing in terms of the distribution of household wealth. Indeed, the addition of wealth transfers to other sources of household wealth has had a sizeable effect on reducing the inequality of wealth.