NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH
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Wealth Inequality, Family Background, and Estate Taxation

Mariacristina De Nardi, Fang Yang

NBER Working Paper No. 21047
Issued in March 2015, Revised in October 2015

---- Acknowledgments ----

De Nardi acknowledges support from the ERC, grant 614328 “Savings and Risks,” and from the ESRC through the Centre for Macroeconomics. We thank Francesco Caselli, Helen Koshy, Ananth Seshadri, Gianluca Violante, Sevin Yeltekin, and several participants at many conferences and seminars for comments. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research, any agency of the Federal Government, nor the Federal Reserve Bank of Chicago. This paper was prepared for the Carnegie-Rochester Conference Series on Public Policy.

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