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Zucman, Gabriel - 2019

This article reviews the recent literature on the dynamics of global wealth inequality. I first reconcile available estimates of wealth inequality in the United States. Both surveys and tax data show that wealth inequality has increased dramatically since the 1980s, with a top 1% wealth share...

Persistent link: https://www.econbiz.de/10012479418

Trends in US Income and Wealth Inequality : Revising After the Revisionists

Saez, Emmanuel - 2020

Recent studies argue that US inequality has increased less than previously thought, in particular due to a more modest rise of wealth and capital income at the top (Smith et al., 2019; Smith, Zidar and Zwick, 2020; Auten and Splinter, 2019). We examine the claims made in these papers point by point,...

Persistent link: https://www.econbiz.de/10012482141

The Rise of Income and Wealth Inequality in America : Evidence from Distributional Macroeconomic Accounts

Saez, Emmanuel - 2020

This paper studies inequality in America through the lens of distributional macroeconomic accounts--comprehensive distributions of the aggregate amount of income and wealth recorded in the official macroeconomic accounts of the United States. We use these distributional macroeconomic accounts to...

Persistent link: https://www.econbiz.de/10012482142

From Soviets to Oligarchs : Inequality and Property in Russia, 1905-2016

Novokmet, Filip - 2017

This paper combines national accounts, survey, wealth and fiscal data (including recently released tax data on high-income taxpayers) in order to provide consistent series on the accumulation and distribution of income and wealth in Russia from the Soviet period until the present day. We find...

Persistent link: https://www.econbiz.de/10012453999

Capital Accumulation, Private Property and Rising Inequality in China, 1978-2015

Piketty, Thomas - 2017

This paper combines national accounts, survey, wealth and fiscal data (including recently released tax data on high-income taxpayers) in order to provide consistent series on the accumulation and distribution of income and wealth in China over the 1978-2015 period. We find that the aggregate...

Persistent link: https://www.econbiz.de/10012455313

Global Inequality Dynamics : New Findings from WID.world

Alvaredo, Facundo - 2017

This paper presents new findings on global inequality dynamics from the World Wealth and Income Database (WID.world), with particular emphasis on the contrast between the trends observed in the United States, China, France, and the United Kingdom. We observe rising top income and wealth shares...

Persistent link: https://www.econbiz.de/10012455562

Distributional National Accounts : Methods and Estimates for the United States

Piketty, Thomas - 2016

This paper combines tax, survey, and national accounts data to estimate the distribution of national income in the United States since 1913. Our distributional national accounts capture 100% of national income, allowing us to compute growth rates for each quantile of the income distribution...

Persistent link: https://www.econbiz.de/10012455735

Abundance from Abroad : Migrant Income and Long-Run Economic Development

Khanna, Gaurav; Murathanoglu, Emir; Theoharides, Caroline; … - National Bureau of Economic Research - 2022

How does income from international migrant labor affect the long-run development of migrant-origin areas? We leverage the 1997 Asian Financial Crisis to identify exogenous changes in international migrant income across regions of the Philippines, derived from spatial variation in exposure to...

Persistent link: https://www.econbiz.de/10013172161

International Migration, Remittances, and Household Investment : Evidence from Philippine Migrants' Exchange Rate Shocks

Yang, Dean - 2006

peso leads to increases in household remittances received from overseas. The estimated elasticity of Philippine …-peso remittances with respect to the Philippine/foreign exchange rate is 0.60. These positive income shocks lead to enhanced human …

Persistent link: https://www.econbiz.de/10012466340

Directing Remittances to Education with Soft and Hard Commitments : Evidence from a Lab-in-the-field Experiment and New Product Take-up Among Filipino Migrants in Rome

De Arcangelis, Giuseppe - 2015

This paper tests how migrants' willingness to remit changes when given the ability to direct remittances to educational … commitment of simply labeling remittances as being for education, to the hard commitment of having funds directly paid to a … raises remittances by more than 15 percent. Adding the ability to directly send this funding to the school adds only a …

Persistent link: https://www.econbiz.de/10012457827