Question

What is the other source of wealth other than inheritance

Answer 1

Answer:

•We us population register data on inheritances and wealth in Sweden to estimate the causal impact of inheritances on wealth inequality.

•We find that inheritances reduce wealth inequality, as measured by the Gini coefficient or top wealth shares, but that they increase absolute dispersion in wealth.

•Behavioral adjustments seem to mitigate the equalizing effect of inheritances, possibly through higher consumption among the poorer heirs.

•Inheritance taxation counteracts the equalizing inheritance effect, but redistribution of inheritance tax revenues can reverse this result and make the inheritance tax equalizing.

Explanation:

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Answer 2

Answer:

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