Inheritance And Wealth Inequality In Britain

Author : Colin Harbury
Publisher : Routledge
ISBN 13 : 113650530X
Total Pages : 167 pages
Book Rating : 4.00/5 ( download)

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Download or read book Inheritance and Wealth Inequality in Britain written by Colin Harbury and published by Routledge. This book was released on 2012-11-12 with total page 167 pages. Available in PDF, EPUB and Kindle. Book excerpt: Modern Britain is characterised by marked inequalities in the distribution of wealth, which continue to fuel controversy and arouse strong, if adverse, feelings. Originally published in 1979, Inheritance and Wealth Inequality in Britain provides detailed evidence on the relative importance of inherited and self-made wealth. It is the first major work in the field since Wedgwood’s pioneering study in 1929, and represents a major contribution to current debates on justice and inequality. The study is based on more than fifteen years of detective work on successive generations of the wealthy. Professors Harbury and Hitchens have searched through the public records of registered wills, contacted relatives, executors and solicitors and have even tramped through graveyards in order to build up their picture of how wealth is actually transmitted from generation to generation. Results of this research challenge the commonly held view that inheritance is no longer a main force in the perpetuation of wealth and demonstrate unquestionably that it remains a factor of paramount importance. The book helps to answer such questions as: what proportion of wealthy men and wealthy women are self-made? Do the rich tend to marry the rich? Which industries tend to favour self-made as against inherited wealth? What are the chances today of inheriting or dissipating a fortune? Inheritance and Wealth Inequality in Britain is essential reading for those academically and professionally concerned with policymaking on income and wealth distribution and with the tax system; and to students taking courses in welfare economics, public finance and the sociology of class. It is also an important contribution to the history of modern Britain.

Author : C. D. Harbury
Publisher : London : Allen & Unwin
ISBN 13 : 9780043302965
Total Pages : 155 pages
Book Rating : 4.63/5 ( download)

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Download or read book Inheritance and Wealth Inequality in Britain written by C. D. Harbury and published by London : Allen & Unwin. This book was released on 1979-01-01 with total page 155 pages. Available in PDF, EPUB and Kindle. Book excerpt:

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

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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.

Author : Ernest Darwin Simon
Publisher :
ISBN 13 :
Total Pages : 54 pages
Book Rating : 4.29/5 ( download)

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Download or read book The Inheritance of Riches written by Ernest Darwin Simon and published by . This book was released on 1925 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : John A. Brittain
Publisher : Washington : Brookings Institution
ISBN 13 :
Total Pages : 120 pages
Book Rating : 4.01/5 ( download)

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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 120 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.

Author : John Hills
Publisher : OUP Oxford
ISBN 13 : 0191667412
Total Pages : 256 pages
Book Rating : 4.11/5 ( download)

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Download or read book Wealth in the UK written by John Hills and published by OUP Oxford. This book was released on 2013-04-25 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines key issues connected with the distribution of personal wealth in the UK. It examines why wealth is now such an important factor in social differences and public policy. It presents the most recent information on current wealth inequalities and a detailed discussion of trends in the distribution of wealth. It uses newly available data to compare wealth inequalities in the UK with the USA, Canada and Sweden. It uses longitudinal data, which track the same people over time, to examine trajectories in wealth accumulation over the decade to 2005 and inequalities in inheritances over the same period. It looks at how parental wealth levels and people's asset-holdings early in adulthood affect outcomes later in their lives. The final part looks at the way in which policies towards wealth-holding developed historically, and the contradictory ways in which a wide range of public policies relate to people's wealth levels, including through taxation, means-testing, and the encouragement of saving, and discusses what the key issues for policy towards wealth and wealth inequalities now are. Personal wealth in the UK totalled £5.5 trillion by 2010 (£9-10 trillion if occupational pension rights are included). Inheritance flows are now equivalent to 4 per cent of national income each year. All households in the wealthiest tenth have more than 75 times the wealth of any of those in the bottom tenth. Absolute differences in wealth levels have increased substantially over the last 15 years, so wealth differences represent many more years of income than in the past. This makes them of great importance to life chances. This makes the book highly relevant for public policy, but also for academic and student understanding of a crucial dimension of social difference. As well as bringing together existing information on the area, the book contains considerable new analysis on wealth inequality, inheritance and their impacts, drawing on work which is at the forefront of recent research.

Author : Anthony B. Atkinson
Publisher : North Holland
ISBN 13 :
Total Pages : 938 pages
Book Rating : 4.86/5 ( download)

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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

Author : Colin Harbury
Publisher : Routledge
ISBN 13 : 1136505296
Total Pages : 168 pages
Book Rating : 4.94/5 ( download)

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Download or read book Inheritance and Wealth Inequality in Britain written by Colin Harbury and published by Routledge. This book was released on 2012-11-12 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt: Modern Britain is characterised by marked inequalities in the distribution of wealth, which continue to fuel controversy and arouse strong, if adverse, feelings. Originally published in 1979, Inheritance and Wealth Inequality in Britain provides detailed evidence on the relative importance of inherited and self-made wealth. It is the first major work in the field since Wedgwood’s pioneering study in 1929, and represents a major contribution to current debates on justice and inequality. The study is based on more than fifteen years of detective work on successive generations of the wealthy. Professors Harbury and Hitchens have searched through the public records of registered wills, contacted relatives, executors and solicitors and have even tramped through graveyards in order to build up their picture of how wealth is actually transmitted from generation to generation. Results of this research challenge the commonly held view that inheritance is no longer a main force in the perpetuation of wealth and demonstrate unquestionably that it remains a factor of paramount importance. The book helps to answer such questions as: what proportion of wealthy men and wealthy women are self-made? Do the rich tend to marry the rich? Which industries tend to favour self-made as against inherited wealth? What are the chances today of inheriting or dissipating a fortune? Inheritance and Wealth Inequality in Britain is essential reading for those academically and professionally concerned with policymaking on income and wealth distribution and with the tax system; and to students taking courses in welfare economics, public finance and the sociology of class. It is also an important contribution to the history of modern Britain.

Author : Atkinson
Publisher : CUP Archive
ISBN 13 : 9780521217354
Total Pages : 352 pages
Book Rating : 4.50/5 ( download)

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Download or read book Personal Wealth in Britan written by Atkinson and published by CUP Archive. This book was released on 1978-02-09 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: Monograph examining evidence on the distribution of private sector wealth in the UK - documents the wealth-holdings of the top wealth group and trends over the past 50 years and provides a statistical analysis of the implications for income distribution and capital tax policies. Bibliography pp. 318 to 323, graphs and statistical tables.

Author : Gregory Clark
Publisher : Princeton University Press
ISBN 13 : 0691168377
Total Pages : 384 pages
Book Rating : 4.71/5 ( download)

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Download or read book The Son Also Rises written by Gregory Clark and published by Princeton University Press. This book was released on 2015-08-25 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: "How much of our fate is tied to the status of our parents and grandparents? How much does this influence our children? More than we wish to believe! While it has been argued that rigid class structures have eroded in favor of greater social equality, The Son Also Rises proves that movement on the social ladder has changed little over eight centuries. Using a novel technique -- tracking family names over generations to measure social mobility across countries and periods -- renowned economic historian Gregory Clark reveals that mobility rates are lower than conventionally estimated, do not vary across societies, and are resistant to social policies. The good news is that these patterns are driven by strong inheritance of abilities and lineage does not beget unwarranted advantage. The bad news is that much of our fate is predictable from lineage. Clark argues that since a greater part of our place in the world is predetermined, we must avoid creating winner-take-all societies."--Jacket.