Inheritance is key to the concentration of wealth

The paper by Pirmin Fessler and Martin Schürz, both from the Austrian National Bank, argues that, across all euro area countries, inheritance plays a decisive role in defining the relative position of households in the distribution of wealth.

Publisher: Australian National Bank / oenb.at
Author(s):  Pirmin Fessler, Martin Schürz
Date: 2015
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