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Gender and Inheritances

Author

Listed:
  • Sandra Black
  • Paul Devereux
  • Fanny Landaud

    (THEMA - Théorie économique, modélisation et applications - CNRS - Centre National de la Recherche Scientifique - CY - CY Cergy Paris Université, CNRS - Centre National de la Recherche Scientifique)

  • Kjell Salvanes

Abstract

Using administrative data from Norway, we document that gifts and inheritances are a more important component of total income for women than for men. This is particularly true at the very top of the distributions of total lifetime income and net wealth. These differences are not due to gender differences in the receipt of intergenerational transfers but are driven by gender differences in total income. When we calculate counterfactual distributions of total lifetime income where gifts and inheritances are equalized across all individuals, we find that gifts and inheritances tend to reduce gender gaps across the distribution.

Suggested Citation

  • Sandra Black & Paul Devereux & Fanny Landaud & Kjell Salvanes, 2022. "Gender and Inheritances," Post-Print hal-04322097, HAL.
    • Handle: RePEc:hal:journl:hal-04322097
    DOI: 10.1257/pandp.20221057
    as

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    More about this item

    JEL classification:

    • D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
    • G51 - Financial Economics - - Household Finance - - - Household Savings, Borrowing, Debt, and Wealth
    • J16 - Labor and Demographic Economics - - Demographic Economics - - - Economics of Gender; Non-labor Discrimination

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