„h Australia¡¦s surge in productivity growth in the 1990s fuelled an acceleration in growth in total income and average … income (income per person in Australia). ¡V Annual average income growth accelerated from 1.4 per cent in the 1970s and 1980s … income growth of the 1990s was distributed evenly between labour (wages and salaries) and capital (profits). The labour and …

lowers income, which in turn accelerates environmental degradation. We show that greater wealth heterogeneity is the key to … environmental externality, human capital, and credit constraints. Environmental quality affects labor productivity and thus wealth … dynamics, whereas wealth distribution determines the degree to which agents rely upon natural resources and therefore the …

From 1989 to 2001, wealth in real terms increased overall among U.S. families. But characterizing distributional … on the 400 wealthiest Americans and from the SCF, which explicitly excludes families in the Forbes list, that wealth grew … relatively strongly at the very top of the distribution. At the same time, the share of total household wealth held by the Forbes …

The large wealth and consumption inequality in the U.S. is usually attributed to two market frictions: debt constraints … income process, that of Heaton and Lucas (1996), debt constraints alone can explain none of the observed inequality. The … large wealth dispersion and wealth concentration in the top tail of the distribution in the U.S. …

This paper investigates the quantitative importance of different savings motives on the distributions of wealth and …

influenced indirectly, through parental investments in education and earnings capacity, whereas the wealth holdings of families …

median and average wealth fell among families whose major income recipient is aged 25–34 and increased among those whose … reduce wealth inequality; 6) changes in permanent income do not explain a substantial portion of the growing gap between low-wealth … evolution of wealth inequality in Canada between 1984 and 1999. Our main findings are as follows: 1) Wealth inequality has …

Five waves of the Panel Study of Income Dynamics (PSID), 1985-1989 including both wealth supplements, are used to …