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The Impact of Inheritance on the Distribution of Wealth: Evidence from Great Britain

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  • Eleni Karagiannaki

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  • Eleni Karagiannaki, 2017. "The Impact of Inheritance on the Distribution of Wealth: Evidence from Great Britain," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 63(2), pages 394-408, June.
  • Handle: RePEc:bla:revinw:v:63:y:2017:i:2:p:394-408
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    2. Edward Wolff & Maury Gittleman, 2014. "Inheritances and the distribution of wealth or whatever happened to the great inheritance boom?," The Journal of Economic Inequality, Springer;Society for the Study of Economic Inequality, vol. 12(4), pages 439-468, December.
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    5. David Joulfaian, 2006. "Inheritance and Saving," NBER Working Papers 12569, National Bureau of Economic Research, Inc.
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    8. Horioka, Charles Yuji, 2009. "Do bequests increase or decrease wealth inequalities?," Economics Letters, Elsevier, vol. 103(1), pages 23-25, April.
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    10. Mariacristina De Nardi, 2004. "Wealth Inequality and Intergenerational Links," Review of Economic Studies, Oxford University Press, vol. 71(3), pages 743-768.
    11. James B. Davies, 1982. "The Relative Impact of Inheritance and Other Factors on Economic Inequality," The Quarterly Journal of Economics, Oxford University Press, vol. 97(3), pages 471-498.
    12. Tomes, Nigel, 1981. "The Family, Inheritance, and the Intergenerational Transmission of Inequality," Journal of Political Economy, University of Chicago Press, vol. 89(5), pages 928-958, October.
    13. Becker, Gary S & Tomes, Nigel, 1979. "An Equilibrium Theory of the Distribution of Income and Intergenerational Mobility," Journal of Political Economy, University of Chicago Press, vol. 87(6), pages 1153-1189, December.
    14. Francesca Bastagli & Frank A Cowell & Howard Glennerster & John Hills & Eleni Karagiannaki & Abigail McKnight, 2013. "Wealth distribution, accumulation and policy," CASE Briefs 33, Centre for Analysis of Social Exclusion, LSE.
    15. Harbury, C D & Hitchens, D M W N, 1976. "The Inheritances of Top Wealth Leavers: Some Further Evidence," Economic Journal, Royal Economic Society, vol. 86(342), pages 321-326, June.
    16. Laitner, John, 1979. "Household Bequests, Perfect Expectations, and the National Distribution of Wealth," Econometrica, Econometric Society, vol. 47(5), pages 1175-1193, September.
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    18. Gokhale, Jagadeesh & Kotlikoff, Laurence J. & Sefton, James & Weale, Martin, 2001. "Simulating the transmission of wealth inequality via bequests," Journal of Public Economics, Elsevier, vol. 79(1), pages 93-128, January.
    19. N. Anders Klevmarken, 2004. "On The Wealth Dynamics Of Swedish Families, 1984–98," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 50(4), pages 469-491, December.
    20. Shorrocks, A F, 1982. "Inequality Decomposition by Factor Components," Econometrica, Econometric Society, vol. 50(1), pages 193-211, January.
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    Cited by:

    1. Brian Nolan & Juan Palomino & Philippe Van Kerm & Salvatore Morelli, 2020. "Intergenerational Transfers by Size and Wealth Inequality in Rich Countries," CSEF Working Papers 578, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy.
    2. Hongyao Wei & Zhengyi Yang, 2022. "The Impact of Inheritance on the Distribution of Wealth: Evidence from China," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 68(1), pages 234-262, March.
    3. Juan C. Palomino & Gustavo A. Marrero & Brian Nolan & Juan G. Rodriguez, 2020. "Wealth inequality, intergenerational transfers and socioeconomic background," Working Papers 537, ECINEQ, Society for the Study of Economic Inequality.
    4. Pedro Salas-Rojo & Juan Gabriel Rodríguez, 2022. "Inheritances and wealth inequality: a machine learning approach," The Journal of Economic Inequality, Springer;Society for the Study of Economic Inequality, vol. 20(1), pages 27-51, March.
    5. Stefan Jestl, 2019. "The Impact of Income Inequality on Household Indebtedness in Euro Area Countries," wiiw Working Papers 173, The Vienna Institute for International Economic Studies, wiiw.
    6. Juan C Palomino & Gustavo A Marrero & Brian Nolan & Juan G Rodríguez, 2022. "Wealth inequality, intergenerational transfers, and family background [Intergenerational wealth mobility and the role of inheritance: Evidence from multiple generations]," Oxford Economic Papers, Oxford University Press, vol. 74(3), pages 643-670.
    7. Michał Brzeziński & Katarzyna Sałach, 2020. "Why wealth inequality differs between post-socialist countries?," Working Papers 2020-14, Faculty of Economic Sciences, University of Warsaw.
    8. Javier Ballesteros Muñoz & Jorge Onrubia, 2022. "Régimen de tenencia de la vivienda habitual y desigualdad de la renta de los hogares españoles," Studies on the Spanish Economy eee2022-26, FEDEA.
    9. Brian Nolan & Juan C. Palomino & Philippe Van Kerm & Salvatore Morelli, 2022. "Intergenerational wealth transfers in Great Britain from the Wealth and Assets Survey in comparative perspective," Fiscal Studies, John Wiley & Sons, vol. 43(2), pages 179-199, June.
    10. Stefan Jestl, 2021. "Inheritance tax regimes: a comparison," Public Sector Economics, Institute of Public Finance, vol. 45(3), pages 363-385.
    11. Brzezinski, Michal & Sałach, Katarzyna, 2021. "Factors that account for the wealth inequality differences between post-socialist countries," Economic Modelling, Elsevier, vol. 105(C).
    12. Caballé, Jordi & Moro-Egido, Ana I., 2021. "Do aspirations reduce differences in wealth accumulation?," Economic Modelling, Elsevier, vol. 102(C).
    13. Stefan Jestl, 2018. "Inheritance Tax Regimes: A Comparison," wiiw Working Papers 152, The Vienna Institute for International Economic Studies, wiiw.
    14. Stefan Jestl, 2018. "Inheritance tax regimes," Working Paper Reihe der AK Wien - Materialien zu Wirtschaft und Gesellschaft 176, Kammer für Arbeiter und Angestellte für Wien, Abteilung Wirtschaftswissenschaft und Statistik.
    15. Suh, Ellie, 2022. "Can't save or won't save: financial resilience and discretionary retirement saving among British adults in their thirties and forties," LSE Research Online Documents on Economics 110492, London School of Economics and Political Science, LSE Library.

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