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Erscheinungsjahr: 
2024
Schriftenreihe/Nr.: 
IZA Discussion Papers No. 17389
Verlag: 
Institute of Labor Economics (IZA), Bonn
Zusammenfassung: 
This paper studies the estimation of wealth distribution using estates left at death. We establish formal conditions for adopting a simplied version of the classic estate multi- plier method, using only minimal information on estates and mortality. We empirically validate these conditions and apply the simplied approach to produce novel long-run top wealth share series for Belgium, Japan, and South Africa, where estate data have not yet been exploited. This approach may vastly expand the range of countries and years for which wealth inequality can be estimated, where estate data exist but the standard method cannot be applied.
Schlagwörter: 
mortality rates
estate tax
wealth inequality
public economics
JEL: 
D3
H2
N3
Dokumentart: 
Working Paper

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