Erbschaft und Eigenleistung im Vermögen der Deutschen: Eine Verteilungsanalyse

Giacomo Corneo, Timm Bönke and Westermeier Christian ()
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Westermeier Christian: Deutsches Institut für Wirtschaftsforschung (DIW Berlin)

Perspektiven der Wirtschaftspolitik, 2016, vol. 17, issue 1, 35-53

Abstract: This paper investigates the role of inheritance in the distribution of wealth in Germany. Recently collected survey data allow us to compute inheritance-wealth ratios for various quantiles based on several assumptions concerning the capitalization of past bequests and gifts. Our results indicate that wealth inequality below the top-1 percent is hardly affected by inheritances: the share of inheritances in wealth is about one third on average and it does not change much across quantiles of the wealth distribution. A number of robustness checks confirm the validity of this finding.

Keywords: Einkommensverteilung; Vermögensungleichheit; Vermögensbesteuerung (search for similar items in EconPapers)
JEL-codes: D3 H2 (search for similar items in EconPapers)
Date: 2016
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Citations: View citations in EconPapers (6)

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Related works:
Journal Article: Erbschaft und Eigenleistung im Vermögen der Deutschen: eine Verteilungsanalyse (2016)
Working Paper: Erbschaft und Eigenleistung im Vermögen der Deutschen: Eine Verteilungsanalyse (2015)
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DOI: 10.1515/pwp-2016-0003

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