Showing 1 - 10 of 86
distribution, on one hand, and efficiency/growth, on the other, depends on how a certain distribution of income and wealth has come …Can income equality be combined with high economic efficiency and rapid economic growth? Fortunately, we need not to …
Persistent link: https://www.econbiz.de/10010699977
distribution, on one hand, and efficiency/growth, on the other, depends on how a certain distribution of income and wealth has come …can income equality be combined with high economic efficiency and rapid economic growth? Fortunately, we need not to …
Persistent link: https://www.econbiz.de/10005486491
This paper provides a simple explanation for why some minority groups are economically successful, despite being subject to government-mandated discriminatory policies. We study an economy with private and public sectors in which workers invest in imperfectly observable skills that are important...
Persistent link: https://www.econbiz.de/10005780381
We study the development of wealth concentration in Sweden over 130 years, from the beginning of industrialization until present day. Our series are based on a wide array of new evidence from estate- and wealth tax data, estimates of foreign and domestic family firm-wealth and of pension and...
Persistent link: https://www.econbiz.de/10005771090
This paper provides a simple explanation for why some minority groups are economically successful, despite being subject to government-mandated discriminatory policies. We study an economy with private and public sectors in which workers invest in imperfectly observable skills that are important...
Persistent link: https://www.econbiz.de/10005645316
The objective of this paper is to study the dynamics of the wealth distribution over the path of economic development … characteristics shared by all countries. A historical account of the evolution of the wealth distribution in developed countries is …
Persistent link: https://www.econbiz.de/10005645360
This study presents new homogenous series of top income shares in Sweden over the period 1903–2004. We find that, starting from levels of inequality approximately equal to those in other Western countries at the time, the income share of the Swedish top decile drops sharply over the first...
Persistent link: https://www.econbiz.de/10005645425
This paper reviews the long run developments in the distribution of personal income and wealth. It also discusses … the distribution of income and wealth over time? Are there common trends across countries or over the path of devel … wealth concentration and decreasing capital incomes in the top of the distribution. Thereafter trends are more divergent …
Persistent link: https://www.econbiz.de/10011103287
Taxation theory rarely takes entrepreneurship into consideration. We discuss how this omission affects conclusions derived from standard models of capital taxation when applied to entrepreneurial income. Some of the defining features of entrepreneurship often omitted by standard capital taxation...
Persistent link: https://www.econbiz.de/10005082489
This paper addresses various attempts by so-called new Keynesians, writing mainly in the 1980s and 1990s, to strengthen the analytical basis, in particular the microeconomic foundations, of these assertions. What, exactly, have then the new Keynesians accomplished, and how should their...
Persistent link: https://www.econbiz.de/10010699974