Why Are the Wealthiest So Wealthy? New Longitudinal Empirical Evidence and Implications for Theories of Wealth Inequality
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DOI: 10.20955/wp.2024.013
Note: A related working paper is 2023-004: https://doi.org/10.20955/wp.2023.004
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References listed on IDEAS
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More about this item
Keywords
wealth inequality; lifecycle wealth dynamics; rate of return heterogeneity; bequests; saving rate heterogeneity;All these keywords.
JEL classification:
- D14 - Microeconomics - - Household Behavior - - - Household Saving; Personal Finance
- D15 - Microeconomics - - Household Behavior - - - Intertemporal Household Choice; Life Cycle Models and Saving
- E21 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth
NEP fields
This paper has been announced in the following NEP Reports:- NEP-DGE-2024-07-08 (Dynamic General Equilibrium)
- NEP-FDG-2024-07-08 (Financial Development and Growth)
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