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Capitalists in the Twenty-First Century
Smith, Matthew - 2019
How important is human capital at the top of the U.S. income distribution? A primary source of top income is private “pass-through” business profit, which can include entrepreneurial labor income for tax reasons. This paper asks whether top pass-through profit mostly reflects human capital,...
Persistent link: https://www.econbiz.de/10012894999
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Accounting for Business Income in Measuring Top Income Shares : Integrated Accrual Approach Using Individual and Firm Data from Norway
Alstadsæter, Annette - 2016
in place. After a tax reform in 2005 that created strong incentives to retain earnings within businesses, the increase … was massive: accounting for earnings retained in the corporate sector leads to more than doubling of the share of income … of top 0.1% in some years. Furthermore, adjusting for retained earnings stabilizes the composition of the top income …
Persistent link: https://www.econbiz.de/10012978093
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The distributional impact of the pandemic
Hacıoǧlu Hoke, Sinem; Känzig, Diego R.; Surico, Paolo - In: European economic review : EER 134 (2021), pp. 1-19
Persistent link: https://www.econbiz.de/10012695157
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The impact of monetary policy on inequality in the UK : an empirical analysis
Mumtaz, Haroon; Theophilopoulou, Angeliki - In: European economic review : EER 98 (2017), pp. 410-423
Persistent link: https://www.econbiz.de/10011813138
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Does democracy drive income in the world, 1500-2000?
Madsen, Jakob Brøchner; Raschky, Paul A.; Skali, Ahmed - In: European economic review : EER 78 (2015), pp. 175-195
Persistent link: https://www.econbiz.de/10011523808
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Income distribution and the process of development
Galor, Oded - In: European economic review : EER 44 (2000) 4/6, pp. 706-712
Persistent link: https://www.econbiz.de/10001486901
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Spillovers, stratification, and inequality
Durlauf, Steven N. - In: European economic review : EER 38 (1994) 3, pp. 836-845
Persistent link: https://www.econbiz.de/10001163057
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Human capital, inequality, and growth : a local perspective
Bénabou, Roland - In: European economic review : EER 38 (1994) 3, pp. 817-826
Persistent link: https://www.econbiz.de/10001163059
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Credit Constraints in Education
Lochner, Lance - 2011
We review studies of the impact of credit constraints on the accumulation of human capital. Evidence suggests that credit constraints are increasingly important for schooling and other aspects of households' behavior. We highlight the importance of early childhood investments, since their...
Persistent link: https://www.econbiz.de/10013120281
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Human Capital, Economic Growth, and Inequality in China
Heckman, James J. - 2012
China's rapid growth was fueled by substantial physical capital investments applied to a large stock of medium skilled labor acquired before economic reforms began. As development proceeded, the demand for high skilled labor has grown, and, in the past decade, China has made substantial...
Persistent link: https://www.econbiz.de/10013106083