Wealth mobility and dynamics over entire individual working life cycles

Stefan Hochguertel and Henry Ohlsson

No 1301, Working Paper Series from European Central Bank

Abstract: We study taxable wealth in unique Swedish administrative data, annually following a large sample of households over a period of almost 40 years. The main data limitation is non-observability of wealth for those below the tax exemption level. This implies that much of the focus of the paper is on the rich, since we are confined to those whose wealth becomes taxable over time. We exploit the long panel dimension by estimating dynamic JEL Classification: C23, D14, D31, D91, H24

Keywords: heterogeneity; life cycle; Panel data; wealth dynamics; wealth mobility (search for similar items in EconPapers)
Date: 2011-02
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Citations: View citations in EconPapers (4)

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Working Paper: Wealth mobility and dynamics over entire individual working life cycles (2011)
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Persistent link: https://EconPapers.repec.org/RePEc:ecb:ecbwps:20111301

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