Inheritance and the Inequality of Material Wealth

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Publisher :
ISBN 13 : 9780608145303
Total Pages : 111 pages
Book Rating : 4.00/5 ( download)

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Book Synopsis Inheritance and the Inequality of Material Wealth by : John A. Brittain

Download or read book Inheritance and the Inequality of Material Wealth written by John A. Brittain and published by . This book was released on 1978 with total page 111 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Inheritance of Wealth

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Publisher : Oxford University Press
ISBN 13 : 019252500X
Total Pages : 256 pages
Book Rating : 4.00/5 ( download)

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Book Synopsis Inheritance of Wealth by : Daniel Halliday

Download or read book Inheritance of Wealth written by Daniel Halliday and published by Oxford University Press. This book was released on 2018-03-02 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: Daniel Halliday examines the moral grounding of the right to bequeath or transfer wealth. He engages with contemporary concerns about wealth inequality, class hierarchy, and taxation, while also drawing on the history of the egalitarian, utilitarian, and liberal traditions in political philosophy. He presents an egalitarian case for restricting inherited wealth, arguing that unrestricted inheritance is unjust to the extent that it enables and enhances the intergenerational replication of inequality. Here, inequality is understood in a group-based sense: the unjust effects of inheritance are principally in its tendency to concentrate certain opportunities into certain groups. This results in what Halliday describes as 'economic segregation'. He defends a specific proposal about how to tax inherited wealth: roughly, inheritance should be taxed more heavily when it comes from old money. He rebuts some sceptical arguments against inheritance taxes, and makes suggestions about how tax schemes should be designed.

The Economics of Inheritance

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Author :
Publisher : Kennikat Press
ISBN 13 :
Total Pages : 296 pages
Book Rating : 4.09/5 ( download)

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Book Synopsis The Economics of Inheritance by : Josiah Wedgwood

Download or read book The Economics of Inheritance written by Josiah Wedgwood and published by Kennikat Press. This book was released on 1971 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: "First published in 1929, new introduction 1939."Originally presented as the author's thesis, London School of Economics. Bibliography: p. 276-278.

Inheritance and the Inequality of Material Wealth

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Publisher : Washington : Brookings Institution
ISBN 13 :
Total Pages : 122 pages
Book Rating : 4.02/5 ( download)

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Book Synopsis Inheritance and the Inequality of Material Wealth by : John A. Brittain

Download or read book Inheritance and the Inequality of Material Wealth written by John A. Brittain and published by Washington : Brookings Institution. This book was released on 1978 with total page 122 pages. Available in PDF, EPUB and Kindle. Book excerpt: Inheritance as a determinant of personal wealth: Inferences from data on married men and women; implications of the life cycle hypothese and the wealth age association. Intergenerational wealth relationships.

Inheriting Wealth in America

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Publisher : Oxford University Press, USA
ISBN 13 : 0199353956
Total Pages : 267 pages
Book Rating : 4.58/5 ( download)

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Book Synopsis Inheriting Wealth in America by : Edward N. Wolff

Download or read book Inheriting Wealth in America written by Edward N. Wolff and published by Oxford University Press, USA. This book was released on 2015 with total page 267 pages. Available in PDF, EPUB and Kindle. Book excerpt: Inheritances are often regarded as a great 'evil', enabling great fortunes to be passed from one generation to another, exacerbating wealth inequality, and reducing wealth mobility. Using data from the Survey of Consumer Finances, the Panel Study of Income Dynamics, and a simulation model over years 1989 to 2010, the author reports six major findings.

Inheritance and Wealth in America

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Publisher : Springer Science & Business Media
ISBN 13 : 1489919317
Total Pages : 233 pages
Book Rating : 4.11/5 ( download)

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Book Synopsis Inheritance and Wealth in America by : Robert K. Miller Jr.

Download or read book Inheritance and Wealth in America written by Robert K. Miller Jr. and published by Springer Science & Business Media. This book was released on 2013-11-11 with total page 233 pages. Available in PDF, EPUB and Kindle. Book excerpt: Inheritance and Wealth in America is a superb collection of original essays, written in nontechnical language by experts in sociology, economics, anthropology, history, law, and other disciplines. Notable chapters provide - an outstanding interpretative history of inheritance in American legal thought - a critical review of the literature on the economics of inheritance at the household and societal levels - a superb history of Federal taxation of wealth transfers, and - a sociological examination of inheritance and its role in class reproduction and stratification. This groundbreaking work is of value to any researcher dealing with the transmission of wealth and privilege across generations.

Handbook of Income Distribution

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Publisher : North Holland
ISBN 13 :
Total Pages : 938 pages
Book Rating : 4.86/5 ( download)

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Book Synopsis Handbook of Income Distribution by : Anthony B. Atkinson

Download or read book Handbook of Income Distribution written by Anthony B. Atkinson and published by North Holland. This book was released on 2000-06-07 with total page 938 pages. Available in PDF, EPUB and Kindle. Book excerpt: Distributional issues may not have always been among the main concerns of the economic profession. Today, in the beginning of the 2000s, the position is different. During the last quarter of a century, economic growth proved to be unsteady and rather slow on average. The situation of those at the bottom ceased to improve regularly as in the preceding fast growth and full-employment period. Europe has seen prolonged unemployment and there has been widening wage dispersion in a number of OECD countries. Rising affluence in rich countries coexists, in a number of such countries, with the persistence of poverty. As a consequence, it is difficult nowadays to think of an issue ranking high in the public economic debate without some strong explicit distributive implications. Monetary policy, fiscal policy, taxes, monetary or trade union, privatisation, price and competition regulation, the future of the Welfare State are all issues which are now often perceived as conflictual because of their strong redistributive content. Economists have responded quickly to the renewed general interest in distribution, and the contents of this Handbook are very different from those which would have been included had it been written ten or twenty years ago. It has now become common to have income distribution variables playing a pivotal role in economic models. The recent interest in the relationship between growth and distribution is a good example of this. The surge of political economy in the contemporary literature is also a route by which distribution is coming to re-occupy the place it deserves. Within economics itself, the development of models of imperfect information and informational asymmetries have not only provided a means of resolving the puzzle as to why identical workers get paid different amounts, but have also caused reconsideration of the efficiency of market outcomes. These models indicate that there may not necessarily be an efficiency/equity trade-off; it may be possible to make progress on both fronts. The introduction and subsequent 14 chapters of this Handbook cover in detail all these new developments, insisting at the same time on how they tie with the previous literature on income distribution. The overall perspective is intentionally broad. As with landscapes, adopting various points of view on a given issue may often be the only way of perceiving its essence or reality. Accordingly, income distribution issues in the various chapters of this volume are considered under their theoretical or their empirical side, under a normative or a positive angle, in connection with redistribution policy, in a micro or macro-economic context, in different institutional settings, at various point of space, in a historical or contemporaneous perspective. Specialized readers will go directly to the chapter dealing with the issue or using the approach they are interested in. For them, this Handbook will be a clear and sure reference. To more patient readers who will go through various chapters of this volume, this Handbook should provide the multi-faceted view that seems necessary for a deep understanding of most issues in the field of distribution. For more information on the Handbooks in Economics series, please see our home page on http://www.elsevier.nl/locate/hes

Toxic Inequality

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Publisher : Basic Books
ISBN 13 : 0465094872
Total Pages : 272 pages
Book Rating : 4.75/5 ( download)

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Book Synopsis Toxic Inequality by : Thomas M. Shapiro

Download or read book Toxic Inequality written by Thomas M. Shapiro and published by Basic Books. This book was released on 2017-03-14 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Everyone concerned about the toxic effects of inequality must read this book."--Robert B. Reich "This is one of the most thought-provoking books I have read on economic inequality in the US."--William Julius Wilson Since the Great Recession, most Americans' standard of living has stagnated or declined. Economic inequality is at historic highs. But inequality's impact differs by race; African Americans' net wealth is just a tenth that of white Americans, and over recent decades, white families have accumulated wealth at three times the rate of black families. In our increasingly diverse nation, sociologist Thomas M. Shapiro argues, wealth disparities must be understood in tandem with racial inequities--a dangerous combination he terms "toxic inequality." In Toxic Inequality, Shapiro reveals how these forces combine to trap families in place. Following nearly two hundred families of different races and income levels over a period of twelve years, Shapiro's research vividly documents the recession's toll on parents and children, the ways families use assets to manage crises and create opportunities, and the real reasons some families build wealth while others struggle in poverty. The structure of our neighborhoods, workplaces, and tax code-much more than individual choices-push some forward and hold others back. A lack of assets, far more common in families of color, can often ruin parents' careful plans for themselves and their children. Toxic inequality may seem inexorable, but it is not inevitable. America's growing wealth gap and its yawning racial divide have been forged by history and preserved by policy, and only bold, race-conscious reforms can move us toward a more just society.

Young People and Housing

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Publisher : Routledge
ISBN 13 : 0415633354
Total Pages : 266 pages
Book Rating : 4.52/5 ( download)

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Book Synopsis Young People and Housing by : Ray Forrest

Download or read book Young People and Housing written by Ray Forrest and published by Routledge. This book was released on 2013 with total page 266 pages. Available in PDF, EPUB and Kindle. Book excerpt: Young People and Housing brings together new research exploring the economic, social, and cultural challenges that face young people in search of permanent housing. Featuring international case studies from Asia, Europe, and Australia, Young People and Housing is a collection of groundbreaking work from leading scholars in housing policy. Younger generations across a wide range of societies face increasing difficulties in gaining access to housing. Housing occupies a pivotal position in the transition from parental dependence to adult independence. Delayed independence has significant implications for marriage and family formation, fertility, inter and intra generational tensions, social mobility and social inequalities. The social and cultural dimensions are, of course, enormously varied with strong contrasts between Asian and Western societies in terms of intergenerational norms and practices in relation to housing. Nevertheless, younger households in China (including Hong Kong), Japan, the USA, Australasia and Europe face very similar challenges in the housing sphere. Moreover, concerns about the housing future for younger generations are gaining greater policy and popular prominence in many countries.

Inheriting Wealth in America

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Publisher : Oxford University Press
ISBN 13 : 0199353964
Total Pages : 288 pages
Book Rating : 4.65/5 ( download)

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Book Synopsis Inheriting Wealth in America by : Edward N. Wolff

Download or read book Inheriting Wealth in America written by Edward N. Wolff and published by Oxford University Press. This book was released on 2015-01-27 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: Inheritances are often regarded as a societal "evil," enabling great fortunes to be passed from one generation to another, thus exacerbating wealth inequality and reducing wealth mobility. Discussions of inheritances in America bring to mind the Vanderbilts, Rockefellers, and "trust fund babies"---people who receive enough money through inheritances or gifts that they do not have any need to work during their lifetime. Though these are, of course, extreme outliers, inheritances in America have a reputation for being a way the rich keep getting richer. In Inheriting Wealth in America, Edward Wolff seeks to counter these misconceptions with data and arguments that illuminate who inherits what in the United States and what results from these wealth transfers. Using data from the Survey of Consumer Finances---a triennial survey conducted by the Federal Reserve Board that contains detailed information on household wealth, inheritances, and gifts---as well as the Panel Study of Income Dynamics and a simulation model over years 1989 to 2010, Wolff reports six major findings on the state of inheritances in America. First, wealth transfers (inheritances and gifts) accounted for less than one quarter of household wealth. However, for persons age 75 and over, the figure was about two-fifths since they have more time to receive wealth transfers. Indirect evidence, derived from the simulation model, indicates a figure closer to two-thirds at end of life - probably the best estimate. Second, despite prognostications of a coming "inheritance boom," it has not materialized yet. Only a small (and statistically insignificant) uptick in average wealth transfers was observed over the period, and wealth transfers were actually down as a share of household wealth. Third, while wealth transfers are greater in dollar amount for richer households than poorer ones, they constitute a smaller share of the accumulated wealth of the rich. Fourth, contrary to popular belief, inheritances and gifts, on net, reduce wealth inequality rather than raising it. The rationale is that inheritances and particularly gifts typically flow from richer to poorer persons, thus lowering wealth inequality. Fifth, despite a rapid rise in income inequality, the inequality of wealth transfers shows no discernible time trend from 1989 to 2010, neither upward nor downward. Sixth, among the very wealthy, the share of wealth accounted for by wealth transfers is surprisingly low, only about a sixth, and this share has trended significantly downward over time. It is true that inheritances and gifts are unequal, with only one fifth of families receiving wealth transfers and these transfers benefitting the rich far more than the middle class and the poor. That, however, is not the whole picture of inheritances in America. Clearly-written and illuminating, this books expertly distills an abundance of data on inheritances into important takeaways for all who wonder about the current state of inheritances and gifts in the United States.