Income equality and trust seem to go along with several other ingredients of social capital as determinants of economic … growth across the globe. In a large sample of countries, equality in the distribution of income as measured by the World Bank … and by The Standardized World Income Inequality Database are seen to be correlated with economic diversification, the rule …

find that Germans systematically underestimate their true place in the world’s income distribution, but that correcting …

We show how normative standpoints determine optimal taxation of wealth. Since wealth is not equal to capital, we find … very different welfare implications of land rent-, bequest- and capital taxation. It is mainly land rents that should be …

a debt trap requires consideration of less standard macroeconomic policies, such as those focused on redistribution or …

German history over the past 125 years has been turbulent. Marked by two world wars, revolutions and major regime … aftermath of World War II stand out as the great equalizers in 20th century German history. After unification in 1990, two … trends have left their mark on the German wealth distribution. Households at the top made substantial capital gains from …

prevalent in the top 0.1% as anywhere in the bottom 97%. These high incomes are predominantly from labour, rather than capital …