Inheritances and the distribution of wealth or whatever happened to the great inheritance boom?

Edward Wolff () and Maury Gittleman ()

No 1300, Working Paper Series from European Central Bank

Abstract: We found that on average over the period from 1989 to 2007, 21 percent of American households at a given point of time received a wealth transfer and these accounted for 23 percent of their net worth. Over the lifetime, about 30 percent of households could expect to receive a wealth transfer and these would account for close to 40 percent of their net worth near time of death. However, there is little evidence of an inheritance JEL Classification: D31, J15

Keywords: household wealth; inequality; inheritance (search for similar items in EconPapers)
Date: 2011-02
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Citations: View citations in EconPapers (24)

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Related works:
Journal Article: Inheritances and the distribution of wealth or whatever happened to the great inheritance boom? (2014)
Working Paper: Inheritances and the Distribution of Wealth Or Whatever Happened to the Great Inheritance Boom? (2011)
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Persistent link: https://EconPapers.repec.org/RePEc:ecb:ecbwps:20111300

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