How Does Intergenerational Wealth Transmission Affect Wealth Concentration?

201860 citationsJournal Articlehybrid Open Access

Authors

Abstract

In this note, we seek to establish the role of intergenerational wealth transmission by using the Federal Reserve Board's Survey of Consumer Finances (SCF), which contains extensive information about household balance sheets, intergenerational transfers made and received, and demographic and socioeconomic characteristics of respondents.

Topics & Keywords

Financial Literacy, Pension, Retirement Analysis Economic Growth and Productivity Housing Market and Economics

Publication Details

Published in: FEDS Notes

Volume 2018.0, Issue 2209

DOI: 10.17016/2380-7172.2209

Field-Weighted Citation Impact: 10.93

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How Does Intergenerational Wealth Transmission Affect Wealth Concentration?

Authors

Abstract

Topics & Keywords

Publication Details