Erbschaft und Eigenleistung im Vermögen der Deutschen

Abstract

"This paper investigates the role of inheritance in the distribution of wealth in Germany. Recently collected survey data allow us to compute inheritance-wealth ratios for various quantiles based on several assumptions concerning the capitalization of past bequests and gifts. Our results indicate that wealth inequality below the top-1 percent is hardly affected by inheritances: the share of inheritances in wealth is about one third on average and it does not change much across quantiles of the wealth distribution. A number of robustness checks confirm the validity of this finding." (Author's abstract, IAB-Doku) ((en))

Cite article

Corneo, G., Bönke, T. & Westermeier, C. (2016): Erbschaft und Eigenleistung im Vermögen der Deutschen. Eine Verteilungsanalyse. In: Perspektiven der Wirtschaftspolitik, Vol. 17, No. 1, p. 35-53. DOI:10.1515/pwp-2016-0003