Replication data for: The Role of Bequests in Shaping Wealth Inequality: Evidence from Danish Wealth Records

Principal Investigator(s): View help for Principal Investigator(s) Simon H. Boserup; Wojciech Kopczuk; Claus T. Kreiner

Version: View help for Version V1

Name	File Type	Size	Last Modified
P2016_1036_data			10/12/2019 11:02:AM
LICENSE.txt	text/plain	14.6 KB	10/12/2019 07:02:AM

Project Citation:

Boserup, Simon H., Kopczuk, Wojciech, and Kreiner, Claus T. Replication data for: The Role of Bequests in Shaping Wealth Inequality: Evidence from Danish Wealth Records. Nashville, TN: American Economic Association [publisher], 2016. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2019-10-12. https://doi.org/10.3886/E113453V1

Project Description

Summary: Using Danish administrative data, we estimate the impact of bequests on the level and inequality of wealth. We compare the distributions of wealth over time of people whose parent died and those whose parent did not. Bequests account for 26 percent of the average post-bequest wealth 1-3 years after parental death and significantly affect wealth throughout the distribution. Bequests increase absolute wealth inequality (variance of the distribution censored at the top/bottom 1% increases by 33 percent), but reduce relative inequality (the top 1% share declines by 6 percentage points from the base of 31 percent).

Scope of Project

JEL Classification:
D31 Personal Income, Wealth, and Their Distributions
D64 Altruism; Philanthropy; Intergenerational Transfers

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Published Versions

V1 [2019-10-12]

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DDI 2.5

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