information on the top tail exists, especially regarding capital incomes …

the relationship between the rate of return on capital and the economic growth rate; on the ties between rising income …

equity liabilities, also called cost of capital. The two metrics are intertwined with each other, since equity capital is … projections for Economic Capital and costs of funding. If implemented within the proper accounting framework, KVA/FVA mark …

rates caused by demographic forces. This insight is obtained in a model in which intangible capital cannot attract external … finance, firms are credit constrained, and there is substantial dispersion in productivity. In a tangibles-intense economy … aggregate output. An increase in the share of intangible capital in production reduces the borrowing capacity and increases the …

In Capital in the 21st Century, Thomas Piketty uses the market value of tradeable assets to measure both productive … capital and wealth. As a measure of wealth this is problematic because it ignores the value of human capital and transfer … assets. The approach also incorrectly identifies capital gains due to reduced discount rates as increases in the capital …

In Capital in the 21st Century, Thomas Piketty uses the market value of tradeable assets to measure both productive … capital and wealth. As a measure of wealth this is problematic because it ignores the value of human capital and transfer … assets. The approach also incorrectly identifies capital gains due to reduced discount rates as increases in the capital …

, especially if taxes and income support are included, in many countries in the developing world and the US. A focus on inequality …. Policymakers should consider broadening the ownership of capital and assisting those who are in genuine need, and reject proposals …

productivity of capital. It is shown that, if the savings rate and also the distribution of income between wage and profit are … constant, the ratio mentioned remains constant or increases if the average productivity of capital respectively does not change … higher than the first. The result is the same if the savings rate and the rate of change of the average productivity of …