How do aggregate wealth-to-income ratios evolve in the long run and why? We address this question using 1970 … able to extend our analysis as far back as 1700. We find in every country a gradual rise of wealth-income ratios in recent … growth, in line with the β=s/g Harrod-Domar-Solow formula. That is, for a given net saving rate s= 10%, the long run wealth-income …

inheritance. Wealth-income ratios, inherited wealth, and wealth inequalities were high in the 18th-19th centuries up untilWorldWar …-of-tax rate of return on wealth and g is the economy's growth rate. This suggests that current trends toward rising wealth-income …

Two decades ago, 93% of the world’s poor lived in countries officially classified as Low Income (LICs). Now, 72% of the … world’s poor live in Middle Income Countries (MICs). The dramatic shift has been brought about by fast growth in a number of … global poor for many years to come. This “new geography of global poverty”—with the mass of the poor living in stable, non …

In this paper we re-examine poverty among working class households in inter-war London using the newly computerized …–31. First, we examine how the use of different poverty lines affects the number of households found to be in poverty. We then … analyse the effects of the inter-war social security system in relieving poverty. Finally, we estimate what difference it …

percentage of households in poverty. He attributed the bulk of this decline to government welfare reforms enacted during and … after the War. Some observers have been uneasy about these striking results, especially with the rediscovery of poverty in … the 1960s. In this paper we re-examine the surviving records from the 1950 survey, making the poverty line more consistent …

estimates of the impact of adjustment on poverty using household income and expenditure surveys currently available in LDCs. It … poverty. This framework does require, however, reasonably disaggregated data on income distribution. … proposes the use of decomposable poverty indices as a tractable vehicle for calculating the impact of adjustment on overall …