Born with a Silver Spoon? Danish Evidence on Wealth Inequality in Childhood
Born with a Silver Spoon? Danish Evidence on Wealth Inequality in Childhood
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DOI：
10.1111/ecoj.12496
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发表时间：
2018-07-01
期刊：
影响因子：
3.2
通讯作者：
Kreiner, Claus Thustrup
中科院分区：
文献类型：
--
作者：
Boserup, Simon Halphen;Kopczuk, Wojciech;Kreiner, Claus Thustrup
我们使用丹麦三十年的财富记录来描述童年时期的财富不平等，其中财富的主要来源是转移。童年时期持有的财富很少，但对成年后的未来财富有很强的预测能力。 18岁时，孩子的资产持有量比父母的财富更能预测孩子40多岁时的财富。我们调查了原因，并排除了童年财富本身积累起来足以解释后来的财富不平等的可能性。相反，童年财富似乎代表了储蓄行为和父母额外转移的代际相关性。
We use Danish wealth records from three decades to characterise wealth inequality in childhood, where the main source of wealth is transfers. Wealth holdings are small in childhood but they have strong predictive power for future wealth in adulthood. At age 18, asset holdings of children are more informative than parental wealth in predicting wealth of children when they are in their 40s. We investigate why and rule out that childhood wealth in itself can accumulate enough to explain later wealth inequality. Instead, childhood wealth seems to proxy for intergenerational correlation in savings behaviour and additional transfers from parents.