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Newspaper article
It is bad enough that parental background is such a strong determinant of educational and labour market success. But at least we all have some individual responsibility for how well we progress, even if some have much better chances than others. Our inheritances we cannot control. And as a new ...
Press release
Inheritances have been growing as a share of national income in the UK since the 1970s. That trend looks set to continue: older generations hold more wealth than their predecessors and younger generations have incomes no higher than the generations born just before them. As a result, inheritances ...