IDEAS home Printed from https://ideas.repec.org/b/ces/ifobei/67.html
   My bibliography  Save this book

Wealth and Politics: Studies on Inter Vivos Transfers and Partisan Effects

Author

Listed:
  • Christoph Schinke

    ()

Abstract

The dissertation elaborates on topics that are related to (i) intergenerational transfers of wealth and to (ii) how government ideology and elections influence outcomes (income inequality and budget consolidation) and political processes (fiscal planning and policy advice). The dissertation consists of six studies. The first study investigates the determi-nants of inter vivos transfers of firm ownership. The results show that owners of larger firms, and firms with strong current business conditions, transferred ownership at higher rates than others. Inter vivos transfer rates also rose following a 2009 tax reduction on transfers of business assets. The second study delves into how the 2009 transfer tax re-form influenced individual inter vivos transfers in Germany. The results do not show that the reform influenced transfers within the nuclear family, whereas transfers to close relatives and to unrelated recipients increased by about 30 percent. The third study de-scribes how government ideology and globalization were associated with top income shares in OECD countries. The fourth study shows that German state politicians’ and governments’ words differed from actions regarding budget consolidation and the Ger-man debt brake. The fifth study describes how government ideology and upcoming elections influenced fiscal planning in German states. The results show that East German state governments underestimated the size of government in pre-election years. The sixth study investigates how ideological positions of German economic research insti-tutes influenced policy advice in the Joint Economic Forecast.

Suggested Citation

  • Christoph Schinke, 2016. "Wealth and Politics: Studies on Inter Vivos Transfers and Partisan Effects," ifo Beiträge zur Wirtschaftsforschung, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, number 67, March.
  • Handle: RePEc:ces:ifobei:67
    as

    Download full text from publisher

    File URL: http://www.cesifo-group.de/DocDL/ifo_Beitraege_z_Wifo_67.pdf
    Download Restriction: no

    More about this item

    Keywords

    balanced-budget rule; decision making in committees; debt brake; electoral cycles; expressive rhetoric; family firms; fiscal forecasts; globalization; government ideology; inequality; inter vivos transfers; Joint Economic Forecast of German economic research institutes; minority voting; nuclear family; panel data models; partisan theory; public debt; SOEP; tax reform; transfer taxes;

    JEL classification:

    • D22 - Microeconomics - - Production and Organizations - - - Firm Behavior: Empirical Analysis
    • D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
    • D72 - Microeconomics - - Analysis of Collective Decision-Making - - - Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior
    • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
    • E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy
    • F62 - International Economics - - Economic Impacts of Globalization - - - Macroeconomic Impacts
    • H24 - Public Economics - - Taxation, Subsidies, and Revenue - - - Personal Income and Other Nonbusiness Taxes and Subsidies
    • H60 - Public Economics - - National Budget, Deficit, and Debt - - - General
    • H68 - Public Economics - - National Budget, Deficit, and Debt - - - Forecasts of Budgets, Deficits, and Debt
    • H72 - Public Economics - - State and Local Government; Intergovernmental Relations - - - State and Local Budget and Expenditures
    • H80 - Public Economics - - Miscellaneous Issues - - - General
    • I23 - Health, Education, and Welfare - - Education - - - Higher Education; Research Institutions
    • N30 - Economic History - - Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, Religion, and Philanthropy - - - General, International, or Comparative

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ces:ifobei:67. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Klaus Wohlrabe). General contact details of provider: http://edirc.repec.org/data/ifooode.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.