A method is proposed to measure capital services in production. This means that productive assets are weighted … accounts and other sources. The results show that, in the observation period between 1991 and 2010, enterprises' capital … services expand faster than the offcially published capital stock. For the economy as a whole, this applies only to phases of …

established by Piketty (2001, 2003). The disappearance of capital income from the income tax base in many countries poses a major … including capital gains to 2010, and the series excluding capital gains to 2008. Second, we derive three homogeneous series by … simulating legislative definitions of capital income prevailing in Germany between 2001 and 2010. For both simulation and the …

credit more than other banks. However, higher levels of better-quality capital mitigated this effect. Our results suggest …