The paper empirically investigates the saving consequence of population aging, an issue
that is important for policymaking and still far from uncontroversial. Rather than providing …

This paper provides empirical evidence that loss aversion decreases insurance demand
and increases savings demand using individual-level data on the US elderly. Specifically …

This paper uses historical survey microdata to study the life-cycle wealth accumulation
across US birth cohorts over the last six decades. We uncover two key new trends: a marked …

Seit dem Ende der Erbschaft-und Schenkungsteuer 2008 gibt es in Österreich kaum Daten
über die Verteilung und das Volumen von Erbschaften. Freiwillige Haushaltserhebungen …

Once there were princes and peasants and very few between. The extremes of wealth and
poverty are still with us, but that shouldn't blind us to the fact our societies have been utterly …

If there was any question before, there is no longer a question today: inequality,
discrimination, poverty, and mobility are prominent national issues. The notion of" The …

When we think of where businesses obtain outside capital for investments, what usually
comes to mind first are formal financial institutions or markets—like banks, stock and bond …

This study examines the association between earmarking bequeathable assets and
retirement satisfaction. Utilizing longitudinal data from the Health and Retirement Study, the …