cycle, of several dimensions of economic inequality, including wages, labor earnings, income, consumption, and wealth. After … and the cyclical fluctuations in income inequality. The rise in income inequality was stronger at the bottom of the … distribution. Consumption inequality increased less than disposable income inequality, and tracked the latter much more closely at …

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 …This article offers an overview of the empirical and theoretical research on the long run evolution of wealth and …

wealth should do better than those with less wealth. We investigate this hypothesis using a unique datset from Norway …. Consistent with liquidity constraints being present, we find a strong positive relationship between founder prior wealth and … start-up size. The relationship between prior wealth and start-up performance, as measured by profitability on assets …

of debt service and redistribute income from the rich to the poor. Consequently, inequality sows the seeds for inflation …A democratic society in which the distribution of wealth is unequal elects political parties which tend to represent …

France the annual flow of inheritance was about 20%-25% of national income between 1820 and 1910, down to less than 5% in … 1950, and back up to about 15% by 2010. A simple theoretical model of wealth accumulation, growth and inheritance can fully … bequest flow might reach about 20%-25% of national income by 2050. This corresponds to a capitalized bequest share in total …

the life cycle. While the net cost of divorce in terms of household wealth accumulation is higher for men than it is for …This paper analyses the role of the elderly couples’ past marital history in determining their current wealth holdings … couples’ marital history plays a minor role in explaining the dispersion in their wealth holdings near the end of the life …

variation in households’ total net worth. Our results indicate that after accounting for differences in human capital and income … levels, single immigrants have a wealth advantage of almost $185,000 relative to single native-born individuals. Although the … wealth gap between mixed and native-born couples is not statistically significant, immigrant-only couples have approximately …

The paper studies how high leverage and crises can arise as a result of changes in the income distribution. Empirically …, the periods 1920-1929 and 1983-2007 both exhibited a large increase in the income share of the rich, a large increase in … it is very large and not accompanied by a real contraction. But restoration of the lower income group’s bargaining power …