We present a simple stochastic model in which heterogeneous agents accumulate wealth belonging to the capitalist or the … based on a random process depending on wealth distribution and the profit rate. In general, playing the role of capitalist … rises the probability of accumulating more and more wealth that, in turn, increases the probability to play again the role …

the diffusion of their wealth. The calibrated model shows that the transition path matches with the decline of the Pareto …

In this paper we examine the role of intergenerational transfers in the wealth accumulation of Italian households …. Received transfers represent an important share of the net wealth held by households. Direct estimates referring to 2002 range … significant share considering the size of the denominator. Transfers are very concentrated, more than income and wealth, even when …

The paper offers a broad overview of the topics addressed during the Bank of Italy's conference on Household wealth in … statistics on wealth, looks at the Bank of Italy's experience in this specific field, provides a brief synopsis of the research …

The wealth distribution in the U.S. is more unequal, or skewed to the right, than either the income or earnings … may have a `capitalist spirit', I construct and simulate a model where some individuals accumulate wealth for its own sake … modifications, generates a skewness of wealth consistent with that observed in the U.S. economy. Furthermore, capitalist …

distribution of expected future asset-wealth, as they also generally do over the bi-dimensional distribution of present asset-wealth … and expected future asset-wealth. …