Inheritance Flows in Switzerland, 1911-2011

Marius Brülhart, Didier Dupertuis and Elodie Moreau

Cahiers de Recherches Economiques du Département d'économie from Université de Lausanne, Faculté des HEC, Département d’économie

Abstract: We estimate the size of inheritance flows in Switzerland as a share of total wealth and of national income over a long span of data, in close analogy to the study for France by Piketty (2011). We find that inheritance flows had been growing more slowly than national income up until the 1970s, but have been outpacing income growth since. According to our central estimates, the annual flow of inheritance amounted to 2.7% of the stock of private wealth and to 13.1% of national income in 2011. These values are higher than our corresponding (though more approximate) estimates for 1911. The share of total wealth that is attributable to inheritance has remained relatively stable over time, uctuating between 40% and 50%.

Keywords: inheritance; Switzerland (search for similar items in EconPapers)
JEL-codes: D31 H24 N34 (search for similar items in EconPapers)
Pages: 23 pp.
Date: 2016-03
New Economics Papers: this item is included in nep-eec and nep-his
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http://hec.unil.ch/attachments/deep/series/2015/16.03.pdf (application/pdf)

Related works:
Journal Article: Inheritance flows in Switzerland, 1911–2011 (2018)
Working Paper: Inheritance Flows in Switzerland, 1911-2011 (2017)
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Persistent link: https://EconPapers.repec.org/RePEc:lau:crdeep:16.05

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