wealth, such as tax policy and bankruptcy law, affect risky investment decisions at the top of the wealth distribution in …We present first evidence how individual risk preferences shape entrepreneurial investment among the very wealthy using … novel survey data from the top of the wealth distribution, which have been added to the 2019 German Socio-economic Panel …

easing entrepreneurial investments for credit-constrained individuals whose investment possibilities depend on their income … entrepreneurial elite, resulting in economic policy and institutions which are more conducive to entrepreneurship and productivity … evidence on transition economies. -- credit constraints ; distribution ; economic development ; entrepreneurship ; institutions …

billionaires acquired wealth through political connections, the effect of politically connected wealth inequality is negative …A fundamental question in social sciences relates to the effect of wealth inequality on economic growth. Yet, in … inequality from Forbes magazine's listing of billionaires and compare its effect on growth to the effects of income inequality …

bequests as potential determinants of the high level of wealth concentration in the US. Analyzing the joint distribution of … earnings, capital income and net worth, we find evidence for excess returns on investment among the highest income groups …. Nonetheless, concentration of labor earnings is the primary source of wealth concentration in the US. This finding reflects the …

mitigate wealth inequality. … inequality. This paper uses administrative data for the population of Norway to examine the share of the Total Inflows (defined … Inflows; this is true across the distribution of Total Inflows, as well as at all levels of net wealth. Gifts and inheritances …

There is growing interest in understanding how gender influences the accumulation of wealth. While prior studies … oversamples the top 1% of wealth holders in Germany, we show that the gender wealth gap is small for individuals up to age 40 …

What are the long-term economic effects of a more equal distribution of wealth? We exploit variation in historical … inheritance rules for land in Germany. In some German areas, inherited land was to be shared or divided equally among children … right-shifted skill, income, and wealth distribution. Higher top incomes and top wealth in equal division areas coincide …

transformation of lower-income countries by enabling credit-constrained workers to enter into non-agricultural entrepreneurship. …

. This paper studies the role of endogenous owner hours in shaping the wealth distribution among entrepreneurs. We introduce … levels and the dispersion of wealth among entrepreneurs. Long owner hours incentivize poor, highly productive individuals to … be owners and help the most productive owners to accumulate large quantities of wealth. On net, owners working long hours …

Since the late twentieth century there has been a growing interest in academic and political circles on inequality. In … research about Inequality since the 1950s; (ii) the development of a new method of analysis that combines (ii-a) a quantitative …