continuum distribution of agents, characterized by different capital/labor shares. We establish several results concerning the … relationship between the political influence of the two groups and the level of taxation, public investment, redistribution of …

In Capital in the 21st Century, Thomas Piketty uses the market value of tradeable assets to measure both productive … capital and wealth. As a measure of wealth this is problematic because it ignores the value of human capital and transfer … assets. The approach also incorrectly identifies capital gains due to reduced discount rates as increases in the capital …

redistribution. Approximately 4,000 respondents were randomized into treatments providing interactive, customized information on U …

individuals to appropriate less of the returns to growth promoting activities, such as accumulation of capital and productive …

This paper presents new findings on global inequality dynamics from the World Wealth and Income Database (WID.world …

World Distribution of Income and estimate poverty rates, poverty counts and various measures of income inequality and … welfare. Using the official $1/day line, we estimate that world poverty rates have fallen by 80% from 0.268 in 1970 to 0 …

growing literature on wealth inequality across the world. Evidence points towards a rise in global wealth concentration: for …

redistribution of resources within a given country (national redistribution) and between countries (global redistribution …). Nevertheless, theories and evidence on preferences for redistribution have focused almost exclusively on national redistribution …. In this paper, we study preferences for global redistribution. The workhorse model in political economy predicts that …