European Union

If your grandparents were wealthy, will you be?

A resident holds the hand of a nurse at the SenVital elderly home in Kleinmachnow outside Berlin May 28, 2013. Facing an acute shortage of skilled applicants among its own workforce, German institutions in the care sector increasingly turn to southern European countries to hire trained nursing staff who are willing to work abroad despite the language barrier in order to escape unemployment at home. The SenVital home for the elderly outside Berlin has accepted five qualified nurses from Spain as their staff, providing eight months of language training and additional care schooling needed to attain the German nursing concession.  Some 100 Spaniards applied for the ten vacancies SenVital had advertised across its various houses.  REUTERS/Thomas Peter (GERMANY  - Tags: HEALTH BUSINESS EMPLOYMENT) - RTX103ZD

This column uses a Swedish four-generational wealth dataset to study the role of family background for people’s wealth status and how much of this that is due to material inheritance. Image: REUTERS/Thomas Peter

Daniel Waldenström
Professor of Economics, ppsala University; Research fellow CEPR, IZA and IFN, visiting Paris School of Economics 2015-2016
Adrian Adermon
Researcher, Institute for Evaluation of Labour Market and Education Policy, Sweden
Mikael Lindahl
Professor of Economics, University of Gothenburg
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 Intergenerational rank associations
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 Impact of inheritance
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Related topics:
European UnionAgeing and LongevityEconomic Progress
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