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dc.contributor.author
Gonzalez Alvaredo, Facundo  
dc.contributor.author
Garbinti, Bertrand  
dc.contributor.author
Piketty, Thomas  
dc.date.available
2018-04-04T16:11:27Z  
dc.date.issued
2017-04  
dc.identifier.citation
Gonzalez Alvaredo, Facundo; Garbinti, Bertrand; Piketty, Thomas; On the Share of Inheritance in Aggregate Wealth: Europe and the USA, 1900–2010; Springer; Economica; 84; 334; 4-2017; 239-260  
dc.identifier.issn
0013-0427  
dc.identifier.uri
http://hdl.handle.net/11336/40705  
dc.description.abstract
This paper provides historical series on the evolution of the share of inherited wealth in aggregate private wealth in Europe (France, the UK, Germany, Sweden) and the USA over the 1900–2010 period. Until 1910, the inheritance share was very high in Europe (70–80%). It then fell abruptly following the 1914–45 shocks, down to about 30–40% during the 1950–80 period, and is back to 50–60% (and rising) since around 2010. The US pattern also appears to be U‐shaped, albeit less marked, and with significant uncertainty regarding recent trends, due to data limitations. We discuss possible interpretations for these long‐run patterns.  
dc.format
application/pdf  
dc.language.iso
eng  
dc.publisher
Springer  
dc.rights
info:eu-repo/semantics/openAccess  
dc.rights.uri
https://creativecommons.org/licenses/by-nc-sa/2.5/ar/  
dc.subject
Inheritance  
dc.subject
Wealth  
dc.subject
Distribution  
dc.subject
Inequality  
dc.subject.classification
Economía, Econometría  
dc.subject.classification
Economía y Negocios  
dc.subject.classification
CIENCIAS SOCIALES  
dc.title
On the Share of Inheritance in Aggregate Wealth: Europe and the USA, 1900–2010  
dc.type
info:eu-repo/semantics/article  
dc.type
info:ar-repo/semantics/artículo  
dc.type
info:eu-repo/semantics/publishedVersion  
dc.date.updated
2018-04-04T14:21:35Z  
dc.journal.volume
84  
dc.journal.number
334  
dc.journal.pagination
239-260  
dc.journal.pais
Alemania  
dc.journal.ciudad
Berlín  
dc.description.fil
Fil: Gonzalez Alvaredo, Facundo. Consejo Nacional de Investigaciones Científicas y Técnicas; Argentina. University of Oxford; Reino Unido  
dc.description.fil
Fil: Garbinti, Bertrand. Banque de france; Francia. Centre de Recherche en Economie et en Statistiques; Francia  
dc.description.fil
Fil: Piketty, Thomas. University of Oxford; Reino Unido. Consejo Nacional de Investigaciones Científicas y Técnicas; Argentina  
dc.journal.title
Economica  
dc.relation.alternativeid
info:eu-repo/semantics/altIdentifier/doi/http://dx.doi.org/10.1111/ecca.12233  
dc.relation.alternativeid
info:eu-repo/semantics/altIdentifier/url/https://onlinelibrary.wiley.com/doi/abs/10.1111/ecca.12233  

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