This paper explores the effects of inheritances on the saving of recipients. Information on inheritances and heirs is obtained from estate tax records of decedents which are linked to the income tax r
Shared prosperity is defined as the annualized growth rate in the average consumption or income per capita of the poorest 40 percent of the population.
Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2015 prices, expressed in U.S. dollars.