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240607 ||| eng |
| 020 |
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|a 9781513574417
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| 100 |
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|a Berg, Kristoffer
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| 245 |
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0 |
|a Does a Wealth Tax Improve Equality of Opportunity? Evidence from Norway
|c Kristoffer Berg, Shafik Hebous
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| 260 |
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|a Washington, D.C.
|b International Monetary Fund
|c 2021
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| 300 |
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|a 30 pages
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| 653 |
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|a Economic & financial crises & disasters
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| 653 |
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|a Income
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| 653 |
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|a Labour; income economics
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| 653 |
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|a Working capital
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| 653 |
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|a Financial crises
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| 653 |
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|a Income distribution
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| 653 |
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|a Taxes
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| 653 |
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|a Wages, Compensation, and Labor Costs: General
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| 653 |
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|a Economics: General
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| 653 |
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|a Informal sector; Economics
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| 653 |
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|a Aggregate Factor Income Distribution
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| 653 |
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|a Economic sectors
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| 653 |
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|a Personal Income, Wealth, and Their Distributions
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| 653 |
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|a National accounts
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| 653 |
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|a Labor
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| 653 |
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|a Economics of specific sectors
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| 653 |
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|a Wealth tax
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| 653 |
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|a Property & real estate
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| 653 |
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|a Currency crises
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| 653 |
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|a International Economics
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| 653 |
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|a Macroeconomics
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| 653 |
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|a Wages
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| 653 |
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|a Personal Income and Other Nonbusiness Taxes and Subsidies
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| 653 |
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|a Taxation
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| 653 |
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|a Equity, Justice, Inequality, and Other Normative Criteria and Measurement
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| 653 |
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|a Capital income
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| 653 |
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|a Real property tax
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| 700 |
1 |
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|a Hebous, Shafik
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| 041 |
0 |
7 |
|a eng
|2 ISO 639-2
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| 989 |
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|b IMF
|a International Monetary Fund
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| 490 |
0 |
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|a IMF Working Papers
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| 028 |
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|a 10.5089/9781513574417.001
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| 856 |
4 |
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|u https://elibrary.imf.org/view/journals/001/2021/085/001.2021.issue-085-en.xml?cid=50258-com-dsp-marc
|x Verlag
|3 Volltext
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| 082 |
0 |
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|a 330
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| 520 |
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|a Does parental wealth inequality impact next generation labor income inequality? And does a tax on parental wealth affect the labor income distribution of the next generation? We tackle both questions empirically using detailed intergenerational data from Norway, focusing on effects on wages rather than capital income. Results suggest that a net wealth of NOK 1 million increases wages of the children by NOK 14,000. Children of wealthy parents also have a higher labor income mobility. The estimated hypothetical wage distribution without the wealth tax is more unequal. Moreover, suggestive evidence indicates parental wealth is associated with higher labor risk taking
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