Where Does Wealth Come From? Measuring Lifetime Resources in Norway
利用挪威全人口行政数据构建终身资源指标，发现终身资源与净财富高度相关但更平等，劳动收入是主要来源，且终身资源比净财富更能预测子女人力资本。
In this paper, we use comprehensive administrative data on the population of Norway to create a measure of lifetime resources, which generates several stylized facts. First, lifetime resources are highly correlated with net wealth, but net wealth is more unequally distributed. Second, labor income is the most important component of lifetime resources, except among the top 1 percent where capital income and capital gains on financial assets become important. Lastly, lifetime resources are a better predictor of child human capital outcomes than net wealth, suggesting that, in some cases, inequality in lifetime resources may be more relevant than inequality in wealth.