The Intergenerational Transmission of Housing Wealth

How do intergenerational transfers affect housing and wealth?

This bulletin is based on research conducted by Professor Garry Barrett and Associate Professor Stephen Whelan at the AHURI Research Centre— University of Sydney, and Professor Gavin Wood and Dr Melek Cigdem at the AHURI Research Centre—RMIT University. The research explored the implications of income-based intergenerational transfers for housing outcomes and the distribution of wealth in Austr...

The distribution of wealth: Intergenerational transmission and redistributive policies

We study the dynamics of the distribution of wealth in an economy with intergenerational transmission of wealth and redistributive …scal policy. We characterize the transitional dynamics of the distribution of wealth as well as its stationary state. We show that the stationary wealth distribution is a Pareto distribution.We We gratefully acknowledge conversations with Marco Bassetto, Alberto Br...

Intergenerational Wealth Transmission and Inequality in Premodern Societies Wealth Transmission and Inequality among Hunter-Gatherers

We report quantitative estimates of intergenerational transmission and population-wide inequality for wealth measures in a set of hunter-gatherer populations. Wealth is defined broadly as factors that contribute to individual or household well-being, ranging from embodied forms, such as weight and hunting success, to material forms, such as household goods, as well as relational wealth in excha...

Intergenerational Wealth Transmission and Inequality in Premodern Societies

This paper uses data from eight past and present societies practicing intensive agriculture to measure the transmission of wealth across generations in preindustrial agricultural societies. Focusing on embodied, material, and relational forms of wealth, we compare levels of wealth between parents and children to estimate how effectively wealth is transmitted from one generation to the next and ...

Nber Working Paper Series Poor Little Rich Kids? the Determinants of the Intergenerational Transmission of Wealth