We describe the evolution of the power struggle in Greece among key economic and political stakeholders, who have tried …

This paper examines long-term trends in aggregate wealth and inheritance and in their distributions, focusing on … developed economies. A key stylized fact is that wealth is less equally distributed than income. Financial assets predominate … among the wealthy, while owner-occupied housing is crucial for middle groups, so higher stock prices raise wealth inequality …

We empirically examine the impact of oil wealth on property rights protection for a sample of 156 countries between … 1960 and 2014. We find that higher levels of oil wealth result in weaker private property rights. This result is robust to … different instrumental-variable approaches and operationalizations of oil wealth and economic institutions. We argue that oil …

cultural integration due to bilateral convergence in preferences and values. Both plausibly arise from network-induced history …