The economics of wealth distribution

Medientyp: E-Book

Titel: The economics of wealth distribution

Beteiligte: Davies, James B. [Verfasser:in]

Körperschaft: Edward Elgar Publishing

Erschienen: Cheltenham: Edward Elgar Pub. Ltd, 2013

Umfang: 1 Online-Ressource (1 v); cm

Sprache: Englisch

DOI: 10.4337/9781784710439

ISBN: 9781784710439

Identifikator:

Schlagwörter: Vermögensverteilung ; Distribution (Economic theory) ; Inheritance and succession ; Wealth ; Electronic books

Entstehung:

Anmerkungen: The recommended readings are available in the print version, or may be available via the link to your library's holdings

Beschreibung: This comprehensive Research Review pinpoints seminal and classic articles that are key in the development of economic analysis of the distribution of wealth. Topics discussed include the measurement of the distribution of wealth and analyses the time trends in wealth concentration and the importance of the role of inheritance. Theoretical approaches, including both stochastic and behavioural models are also explored. The Review further investigates the determinants of saving and bequests whilst also highlighting key life cycle and permanent income studies, as well as the role of entrepreneurship and taxation

Davies, James B. and Anthony F. Shorrocks (2000), 'The Distribution of Wealth', in A.B. Atkinson and F. Bourguignon (eds), Handbook of Income Distribution, Volume 1, North-Holland: Amsterdam, 605-75. -- Davies, James B., Susanna Sandström, Anthony Shorrocks and Edward N. Wolff (2008), 'The World Distribution of Household Wealth', in James B. Davies (ed.), Personal Wealth from a Global Perspective, Oxford University Press: Oxford, 395-418. -- Dunn, T.A. (1997), 'The distribution of intergenerational income transfers across and within families', Economics Department and Center for Policy Research, Syracuse University, mimeo. -- Dunn, T.A. and J.W. Phillips (1997), 'The timing and division of parental transfers to children', Economic Letters, 54, 135-37. -- Dynan, Karen E., Jonathan Skinner and Stephen P. Zeldes (2002), 'The importance of bequests and life-cycle saving in capital accumulation: a new answer', American Economic Review, 92 (2), 274-78. -- Flemming, J.M. (1979), 'The effects of earnings inequality, imperfect capital markets, and dynastic altruism on the distribution of wealth in life cycle models', Economica, 46, 363-80. -- Galton, Francis (1889), Natural Inheritance, Macmillan: London. -- Gibrat, R. (1931), Les Inégalités Économiques, Sirey: Paris. -- Haig, Robert Murray (1921), 'The Concept of Income - Economic and Legal Aspects', in R.M. Haig (ed.), The Federal Income Tax, Columbia University Press: New York. -- Hubbard, R.G., J. Skinner and S.P. Zeldes (1995), 'Precautionary saving and social insurance', Journal of Political Economy, 103, 360-99. -- Hurd, M.D. (1987), 'Savings of the elderly and desired bequests', American Economic Review, 77, 298-312. -- Joulfaian, David (2006), 'The behavioral response of wealth accumulation to estate taxation: Time series evidence', National Tax Journal, 59(2), 253-68. -- Kaldor, N. (1955), An Expenditure Tax, Allen and Unwin: London. -- Kopczuk, Wojciech and Joel Slemrod (2001), 'The Impact of the Estate Tax on the Wealth Accumulation and Avoidance Behavior of Donors', in William G. Gale, James R. Hines Jr. and Joel Slemrod (eds), Rethinking Estate and Gift Taxation, Brookings Institution Press: Washington, DC, 299-343. -- Laitner, John (2001), 'Inequality and Wealth Accumulation: Eliminating the Federal Gift and Estate Tax', in William G. Gale, James R. Hines Jr. and Joel Slemrod (eds), Rethinking Estate and Gift Taxation, Brookings Institution Press: Washington, DC, 258-92. -- Lampman, R.J. (1962), The Share of Top Wealth-holders in National Wealth, 1922-1956, Princeton University Press: Princeton, NJ. -- McGarry, K. and R.F. Schoeni (1995), 'Transfer behavior in the Health and Retirement Survey: Measurement and the redistribution of resources within the family', Journal of Human Resources, 30, S184-226. -- Meade, J.E. (1964), Efficiency, Equality and the Ownership of Property, Allen and Unwin: London. -- Meade, J.E. (1975), The Just Economy, Allen and Unwin: London

Edward N. Wolff (1987), 'The Effects of Pensions and Social Security on the Distribution of Wealth in the US', in International Comparisons of the Distribution of Household Wealth, Chapter 9, Oxford, UK: Clarendon Press, 208-47 -- Franco Modigliani (1988), 'The Role of Intergenerational Transfers and Life Cycle Saving in the Accumulation of Wealth', Journal of Economic Perspectives, 2 (2), Spring, 15-40 -- Anthony B. Atkinson, James P.F. Gordon and Alan Harrison (1989), 'Trends in the Shares of Top Wealth-Holders in Britain, 1923-1981', Oxford Bulletin of Economics and Statistics, 51 (3), 315-32 147 -- Wojciech Kopczuk and Emmanuel Saez (2004), 'Top Wealth Shares in the United States, 1916-2000: Evidence from Estate Tax Returns', National Tax Journal, LVII (2), June, 445-87 -- Jesper Roine and Daniel Waldenström (2009), 'Wealth Concentration over the Path of Development: Sweden, 1873-2006', Scandinavian Journal of Economics, 111 (1), 151-87 -- Anthony B. Atkinson (2008), 'Concentration Among the Rich', in James B. Davies (ed.), Personal Wealth from a Global Perspective, Chapter 4, Oxford, UK: Oxford University Press, 64-89 -- Edward N. Wolff and Ajit Zacharias (2009), 'Household Wealth and the Measurement of Economic Well-Being in the United States', Journal of Economic Inequality, 7, 83-115 -- James B. Davies, Susanna Sandström, Anthony Shorrocks and Edward N. Wolff (2011), 'The Level and Distribution of Global Household Wealth', Economic Journal, 121, March, 223-54 -- Thomas Piketty (2011), 'On the Long-Run Evolution of Inheritance: France 1820-2050', Quarterly Journal of Economics, CXXVI (3), August, 1071-131 -- H.O.A. Wold and P. Whittle (1957), 'A Model Explaining the Pareto Distribution of Wealth', Econometrica, 25 (4), October, 591-95 399 -- J.E. Stiglitz (1969), 'Distribution of Income and Wealth Among Individuals', Econometrica, 37 (3), July, 382-97 -- Alan S. Blinder (1973), 'A Model of Inherited Wealth', Quarterly Journal of Economics, 87 (4), November, 608-26 -- John Laitner (1979), 'Household Bequest Behaviour and the National Distribution of Wealth', Review of Economic Studies, 46 (3), 467-83 -- Gary S. Becker and Nigel Tomes (1979), 'An Equilibrium Theory of the Distribution of Income and Intergenerational Mobility', Journal of Political Economy, 87 (6), December, 1153-89 -- Franco Modigliani (1986), 'Life Cycle, Individual Thrift, and the Wealth of Nations', The American Economic Review, 76 (3), June, 297-313 -- Anthony F. Shorrocks (1988), 'Wealth Holdings and Entrepreneurial Activity', in Denis Kessler and André Masson (eds), Modeling the Accumulation and Distribution of Wealth, Chapter 9, Oxford, UK: Clarendon Press: 241-56 -- C.Y. Cyrus Chu (1991), 'Primogeniture', Journal of Political Economy, 99 (1), February, 78-99 -- Neng Wang (2007), 'An Equilibirum Model of Wealth Distribution', Journal of Monetary Economics, 54, 1882-904 -- Jess Benhabib, Alberto Bisin and Shenghao Zhu (2011), 'The Distribution of Wealth and Fiscal Policy in Economies with Finitely Lived Agents', Econometrica, 79 (1), January, 123-57

Louis Kaplow (2001), 'A Framework for Assessing Estate and Gift Taxation', in William G. Gale, James R. Hines Jr. and Joel Slemrod (eds), Rethinking Estate and Gift Taxation, Chapter 4, Washington, DC: Brookings Institution Press, 164-215 -- Wojciech Kopczuk (2003), 'The Trick is to Live: Is the Estate Tax Social Security for the Rich?', Journal of Political Economy, 11 (6), 1318-41 -- B. Douglas Bernheim, Robert J. Lemke and John Karl Scholz (2004), 'Do Estate and Gift Taxes Affect the Timing of Private Transfers?', Journal of Public Economics, 88, 2617-34 -- Marco Cagetti and Mariacristina De Nardi (2009), 'Estate Taxation, Entrepreneurship, and Wealth', American Economic Review, 99 (1), March, 85-111 -- Wojciech Kopczuk (2009), 'Economics of Estate Taxation: Review of Theory and Evidence', Tax Law Review, 63 (1), 139-57

Meade, J.E. (1978), The Structure and Reform of Direct Taxation, Report of a Committee Chaired by J.E. Meade, Allen and Unwin: London. -- Menchik, P.L. (1979), 'Inter-generational transmission of inequality: An empirical study of wealth mobility', Economica, 46, 349-62. -- Modigliani, F. and R. Brumberg (1954), 'Utility Analysis and the Consumption Function: An Interpretation of Cross-Section Data', in K.K. Kurihara (ed.), Post-Keynesian Economics, Rutgers University Press: New Brunswick, NJ. -- Ohlsson, Henry, Jesper Roine and Daniel Waldenström (2008), 'Long-Run Changes in the Concentration of Wealth: An Overview of Recent Findings', in James B. Davies (ed.), Personal Wealth from a Global Perspective, Oxford University Press: Oxford, 27-41. -- Oulton, N. (1976), 'Inheritance and the distribution of wealth', Oxford Economic Papers, 28, 86-101. -- Pareto, V. (1896), La Courbe de la Repartition de la Richesse, Viret-Genton: Lausanne. -- Rosenzweig, M.R. and K.I. Wolpin (1993), 'Intergenerational support and the life-cycle incomes of young men and their parents: Human capital investments, co-residence and intergenerational financial transfers', Journal of Labor Economics, 11, 84-111. -- Rosenzweig, M.R. and K.I. Wolpin (1994), 'Parental and public transfers to young women and their children', American Economic Review, 84, 1195-1212. -- Shorrocks, Anthony, Jim Davies and Rodrigo Lluberas (2011), Global Wealth Databook 2011, Credit Suisse Research Institute: Zurich. -- Shorrocks, Anthony, Jim Davies and Rodrigo Lluberas (2012), Global Wealth Databook 2012, Credit Suisse Research Institute: Zurich. -- Simons, Henry C. (1938), Personal Income Taxation, University of Chicago Press: Chicago. -- United States. Department of the Treasury (1977), Blueprints for Basic Tax Reform, US Government Printing Office: Washington, DC. -- Wedgwood, J. (1928), 'The influence of inheritance on the distribution of wealth', Economic Journal, 38, 38-55. -- Wedgwood, J. (1929), The Economics of Inheritance, George Routledge & Sons: London. -- Wilhelm, M.O. (1996), 'Bequest behavior and the effect of heirs' earnings: Testing the altruistic model of bequests', American Economic Review, 86, 874-92. -- C.D. Harbury and P.C. McMahon (1973), 'Inheritance and the Characteristics of Top Wealth Leavers in Britain', Economic Journal, 83 (331), September, 810-33 -- A.F. Shorrocks (1975), 'The Age-Wealth Relationship: A Cross-Section and Cohort Analysis', Review of Economics and Statistics, 57 (2), May, 155-63 -- Paul L. Menchik (1980), 'Primogeniture, Equal Sharing and the U.S. Distribution of Wealth', Quarterly Journal of Economics, 94 (2), March, 299-316 -- Laurence J. Kotlikoff and Lawrence H. Summers (1981), 'The Role of Intergenerational Transfers in Aggregate Capital Accumulation', Journal of Political Economy, 89 (4), August, 706-32

Nigel Tomes (1981), 'The Family, Inheritance, and the Intergenerational Transmission of Inequality', Journal of Political Economy, 89 (5), October, 928-58 -- B. Douglas Bernheim, Andrei Shleifer and Lawrence H. Summers (1985), 'The Strategic Bequest Motive', Journal of Political Economy, 93 (6), December, 1045-76 -- Michael D. Hurd (1989), 'Mortality Risk and Bequests', Econometrica, 57 (4), 779-813 -- B. Douglas Bernheim (1991), 'How Strong are Bequest Motives? Evidence Based on Estimates of the Demand for Life Insurance and Annuities', Journal of Political Economy, 99 (5), October, 899-927 -- Donald Cox and Mark R. Rank (1992), 'Inter-Vivos Transfers and Intergenerational Exchange', Review of Economics and Statistics, 74 (2), May, 305-14 -- William G. Gale and John Karl Scholz (1994) 'Intergenerational Transfers and the Accumulation of Wealth', Journal of Economic Perspectives, 8 (4), Autumn, 145-60 -- R. Glenn Hubbard, Jonathan Skinner and Stephen P. Zeldes (1995), 'Precautionary Saving and Social Insurance', Journal of Political Economy, 103 (2), April, 360-99 -- John Laitner and F. Thomas Juster (1996), 'New Evidence on Altruism: A Study of TIAA-CREF Retirees', American Economic Review, 86 (4), September, 893-908 -- Wojciech Kopczuk and Joseph P. Lupton (2007), 'To Leave or Not to Leave: The Distribution of Bequest Motives', Review of Economic Studies, 74 (1), 207-35 -- Karen E. Dynan, Jonathan Skinner and Stephen P. Zeldes (2004), 'Do the Rich Save More?,' Journal of Political Economy, 112 (2), 397-444 -- Audrey Light and Kathleen McGarry (2004), 'Why Parents Play Favorites: Explanations for Unequal Bequests', American Economic Review, 94 (5), December, 1669-81 -- A.B. Atkinson (1971), 'The Distribution of Wealth and the Individual Life-Cycle', Oxford Economic Papers, 23 (2), July, 239-54 -- Frederic L. Pryor (1973), 'Simulation of the Impact of Social and Economic Institutions on the Size Distribution of Income and Wealth, American Economic Review, 63 (1), March, 50-72 -- James B. Davies (1982), 'The Relative Impact of Inheritance and Other Factors on Economic Inequality', Quarterly Journal of Economics, 97 (3), August, 471-98 -- Mark Huggett (1996), 'Wealth Distribution in Life-cycle Economies', Journal of Monetary Economics, 38, 469-94 -- Vincenzo Quadrini (2000), 'Entrepreneurship, Saving, and Social Mobility', Review of Economic Dynamics, 3, 1-40 -- Jagadeesh Gokhale, Laurence J. Kotlikoff, James Sefton and Martin Weale (2001), 'Simulating the Transmission of Wealth Inequality Via Bequests', Journal of Public Economics, 79, 93-128 -- Mariacristina De Nardi (2004), 'Wealth Inequality and Intergenerational Links', Review of Economic Studies, 71 (3), July, 743-68 -- Jack M. Mintz (1991), 'The Role of Wealth Taxation in the Overall Tax System', Canadian Public Policy, XVII (3), 248-63

Recommended readings (Machine generated): Aitchison J. and J.A.C. Brown (1957), The Lognormal Distribution, Cambridge University Press: Cambridge. -- Aiyagari, S. Rao (1994), 'Uninsured idiosyncratic risk and aggregate saving', Quarterly Journal of Economics, 109, 659-84. -- Altonji, J., F. Hayashi and L. Kotlikoff (1992), 'Is the extended family altruistically linked?', American Economic Review, 82, 1177-98. -- Altonji, J.G., F. Hayashi and L.J. Kotlikoff (1997), 'Parental altruism and inter vivos transfers: Theory and evidence', Journal of Political Economy, 105, 1121-66. -- Atkinson, A.B. (1980), 'Inheritance and the Redistribution of Wealth', in G.M. Heal and G.A. Hughes (eds), Public Policy and the Tax System, Allen and Unwin: London, 36-66. -- Atkinson, A.B. (1982), The Economics of Inequality, Second Edition, Clarendon Press: Oxford. -- Ando, A. and F. Modigliani (1963), 'The "life cycle" hypothesis of saving: Aggregate implications and tests', American Economic Review, 53, 55-84. -- Banks, James and Peter Diamond (2010), 'The Base for Direct Taxation', in Stuart Adam et al. (eds), Dimensions of Tax Design, The Mirrlees Review, Oxford University Press: Oxford, 548-648. -- Björklund, Anders and Markus Jantti (2009), 'Intergenerational Income Mobility and the Role of Family Background', in Wiemer Salverda, Brian Nolan and Timothy M. Smeeding (eds), The Oxford Handbook of Economic Inequality, Oxford University Press: Oxford, 522-45. -- Blinder, A.S. (1974), Toward An Economic Theory of Income Distribution, MIT Press: Cambridge, MA. -- Blinder, A.S. (1976), 'Inequality and mobility in the distribution of wealth', Kyklos, 29, 607-38. -- Caballe, Jordi (1995), 'Endogenous growth, human capital, and bequests in a life-cycle model', Oxford Economic Papers, 47 (1), 156-81. -- Cagetti, Marco and Mariacristina De Nardi (2008), 'Wealth inequality: Data and models', Macroeconomic Dynamics, 12 (Supplement 2), 285-313. -- Carroll, C.D. (1992), 'The buffer-stock theory of saving: Some macroeconomic evidence', Brookings Papers on Economic Activity, 2, 61-135. -- Castañeda, Ana, Javier Díaz-Giménez and José Víctor Ríos Rull (2003), 'Accounting for the US earnings and wealth inequality', Journal of Political Economy, 111(4), 818-57. -- Champernowne, D.G. (1953), 'A model of income distribution', Economic Journal, 63, 318-51. -- Cox, D. (1987), 'Motives for private income transfers', Journal of Political Economy, 95, 508-46. -- Cox, D. and F. Raines (1985), 'Inter-Family Transfers and Income Redistribution', in: M. David and T. Smeeding (eds), Horizontal Equity, Uncertainty, and Measures of Well-Being, University of Chicago Press: Chicago, 393-421. -- Daniels, G.W. and H. Campion (1936), Distribution of National Capital, Manchester University Press: Manchester. -- Davies, James B. (1986), 'Does redistribution reduce inequality?', Journal of Labor Economics, 4, 538-59

Nur in Feld suchen:

Zuletzt gesuchte Begriffe: