@unpublished{Leitner2016,
  title = {Drivers of Wealth Inequality in Euro Area Countries: The Effect of Inheritance and Gifts on Household Gross and Net Wealth Distribution Analysed by Applying the Shapley Value Approach to Decomposition},
  author = {Leitner, Sebastian},
  year = {2016},
  doi = {10.4337/ejeep.2016.01.10},
  url = {https://wiiw.ac.at/drivers-of-wealth-inequality-in-euro-area-countries-p-3787.html},
  abstract = {This paper investigates the sources of inequality in household gross, net and real estate gross wealth across eight euro area countries applying the Shapley value approach to decomposition. The research draws on micro data from the Eurosystem Household Finance and Consumption Survey 2010. Dispersion in bequests and inter vivos transfers obtained by households are found to have a remarkable effect on wealth inequality that is stronger than the one of income differences. In South European countries, Austria and Germany the contribution to wealth inequality of real and financial assets inherited or received as gifts attains 30\% to 40\%. Nevertheless, also the distribution of household characteristics (age, education, size, number of adults and children in the household, marital status) within countries shapes the observed wealth dispersion.},
  keywords = {Cross-National Comparisons,Determinants of Wealth and Wealth Inequality,Impacts of Wealth Inequality,Intergenerational Wealth,Methods of Estimation of Wealth Inequality},
  note = {Unpublished manuscript}
}

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The research draws on micro data from the Eurosystem Household Finance and Consumption Survey 2010. Dispersion in bequests and inter vivos transfers obtained by households are found to have a remarkable effect on wealth inequality that is stronger than the one of income differences. In South European countries, Austria and Germany the contribution to wealth inequality of real and financial assets inherited or received as gifts attains 30% to 40%. Nevertheless, also the distribution of household characteristics (age, education, size, number of adults and children in the household, marital status) within countries shapes the observed wealth dispersion.","keywords":"Cross-National Comparisons,Determinants of Wealth and Wealth Inequality,Impacts of Wealth Inequality,Intergenerational Wealth,Methods of Estimation of Wealth Inequality","note":"Unpublished manuscript","bibtex":"@unpublished{Leitner2016,\n title = {Drivers of Wealth Inequality in Euro Area Countries: The Effect of Inheritance and Gifts on Household Gross and Net Wealth Distribution Analysed by Applying the Shapley Value Approach to Decomposition},\n author = {Leitner, Sebastian},\n year = {2016},\n doi = {10.4337/ejeep.2016.01.10},\n url = {https://wiiw.ac.at/drivers-of-wealth-inequality-in-euro-area-countries-p-3787.html},\n abstract = {This paper investigates the sources of inequality in household gross, net and real estate gross wealth across eight euro area countries applying the Shapley value approach to decomposition. The research draws on micro data from the Eurosystem Household Finance and Consumption Survey 2010. Dispersion in bequests and inter vivos transfers obtained by households are found to have a remarkable effect on wealth inequality that is stronger than the one of income differences. In South European countries, Austria and Germany the contribution to wealth inequality of real and financial assets inherited or received as gifts attains 30\\% to 40\\%. Nevertheless, also the distribution of household characteristics (age, education, size, number of adults and children in the household, marital status) within countries shapes the observed wealth dispersion.},\n keywords = {Cross-National Comparisons,Determinants of Wealth and Wealth Inequality,Impacts of Wealth Inequality,Intergenerational Wealth,Methods of Estimation of Wealth Inequality},\n note = {Unpublished manuscript}\n}\n\n","author_short":["Leitner, S."],"key":"Leitner2016","id":"Leitner2016","bibbaseid":"leitner-driversofwealthinequalityineuroareacountriestheeffectofinheritanceandgiftsonhouseholdgrossandnetwealthdistributionanalysedbyapplyingtheshapleyvalueapproachtodecomposition-2016","role":"author","urls":{"link":"https://wiiw.ac.at/drivers-of-wealth-inequality-in-euro-area-countries-p-3787.html"},"keyword":["Cross-National Comparisons","Determinants of Wealth and Wealth Inequality","Impacts of Wealth Inequality","Intergenerational Wealth","Methods of Estimation of Wealth Inequality"],"metadata":{"authorlinks":{}},"downloads":2},"bibtype":"unpublished","creationDate":"2019-11-21T20:59:18.322Z","downloads":2,"keywords":["cross-national comparisons","determinants of wealth and wealth inequality","impacts of wealth inequality","intergenerational wealth","methods of estimation of wealth inequality"],"search_terms":["drivers","wealth","inequality","euro","area","countries","effect","inheritance","gifts","household","gross","net","wealth","distribution","analysed","applying","shapley","value","approach","decomposition","leitner"],"title":"Drivers of Wealth Inequality in Euro Area Countries: The Effect of Inheritance and Gifts on Household Gross and Net Wealth Distribution Analysed by Applying the Shapley Value Approach to Decomposition","year":2016,"biburl":"https://bibbase.org/f/nKAPSyp34A9azBzJd/GCWealthProject_WealthResearchLibrary.bib","dataSources":["QFH3S2ktnk2HEGP7y","ya2CyA73rpZseyrZ8","Ehs2RwEzf4bZfKzK4","cJJHdqh9t5tR5wpLH","F3pGsndC3BMm5kzaE","t77TCZsnrGgyo6dsY","BCPeddFnrLq82SA2k","2w2tCMfz9tagnuYcn","grHFPbjkekLtP8Rd5","reZhxJTZLXbC6Xb4R","CievPB5mG8TuzbbZ3","XqKxryftLF3GWq6cY","M7of5cge3GPiYqZve","PZFBspX8PwJz5LKpx","ve96mwrzCBBzfBff6","zu77p3c7mn9doiv7C","rGyABhQGe9pcQ9R2W","7X2xHQTrKka5yPvuD","gktz2DotJNwWxzBjM","s55XALJsj7pSgkAJ5","6TRStm8krC6i2nGYe","yda7rYQnmKoN94xAr","hHZFQp7q53h3BYKe8"]}