This paper analyzes new evidence on long-run trends in aggregate wealth accumulation and wealth inequality in Western … countries. The new findings suggest that wealth-income ratios were lower before World War I than previously claimed, that wealth … concentration fell over the past century and has remained low in Europe but increased in the United States, that wealth has changed …

who reside in Western countries, and those who inherited substantial wealth, are wealthier than other billionaires. The …

The role of inherited wealth in modern economies has increasingly come under scrutiny. This study presents one of the … share of total wealth in a given economy. Thus, aging is not likely to explain a recent surge in this share in some advanced …

variability of social capital as wealth. The analysis is used to argue, given what has been learned from the literature on social … Gallup World Poll, the paper presents a range of estimates of the wealth-equivalent values of social trust. Such values are … usually not included in national or global accounts of income and wealth. In the light of the estimated importance of social …

This paper provides new empirical insights on the joint distribution of consumption, income, and wealth in three of the … that while income inequality is similar to that of the United States (US), wealth inequality is barely one-third that of … SSA as in the US, the share of total wealth accumulated by the income-rich in SSA is one-fifth of its US counterpart. The …

large majority of subjects indeed have a bias in the perception of wealth, such that balance sheet composition matters: for … implies greater perceived wealth. The predominance of this bias is explained by low cognitive sophistication and great …

magazine to gain new insights on the structure and dynamics of top wealth in Switzerland. Using this data allows us study the … literature. First, we present a number of new facts on the wealth elite in Switzerland. We show that about 60% of the super … income and wealth. We are the first to evaluate this policy—similar to “non-dom” taxation that exists in other countries like …

well as at all levels of net wealth at a point in time. Gifts and inheritances are only an important source of income flows … extreme wealth inequality in society …