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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP14020 |
DP14020 Hidden Wealth | |
Neil Cummins | |
发表日期 | 2019-09-24 |
出版年 | 2019 |
语种 | 英语 |
摘要 | Using individual level records of all wealth-at-death in England, 1892-1992, together with new estimates of the wealth-specific rate-of-return on wealth, I estimate a plausible minimum level of the amount of inherited wealth that is hidden. Elites conceal around 20% of their inheritance. Among dynasties, this hidden wealth, independent of declared wealth, predicts appearance in the Offshore Leaks Database of 2013-6, house values in 1999, and Oxbridge attendance, 1990-2016. Accounting for hidden wealth eliminates at least 40% of the observed decline of the top 10% wealth-share over the past century. I find 8,549 dynasties that are hiding £7.7 Billion. |
主题 | Economic History ; Public Economics |
关键词 | Hidden wealth Inequality Economic history Big data Tax evasion |
URL | https://cepr.org/publications/dp14020-0 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/542904 |
推荐引用方式 GB/T 7714 | Neil Cummins. DP14020 Hidden Wealth. 2019. |
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