wealth accumulation in these two countries can be enlightening. In this paper we examine wealth inequality and mobility in … Sweden and the United States over the past decade. We show that wealth inequality has been significantly greater in the U …. In addition to less inequality and a higher median wealth, we also show that wealth quintile mobility in the 1990's has …

-class squeeze.' Median wealth grew briskly in the late 1990s. It grew even faster in the aughts, while the inequality of net worth … prices, indicate that median wealth plunged by 36 percent and there was a fairly steep rise in wealth inequality, with the …-type assets generally remained as high in 2007 as during the previous two decades. The racial and ethnic disparity in wealth …

disclose the dramatic upward trend in inequality. On this basis, we estimate a two-equation model for the income distribution … labour share fall, while its increase in the 2000s prevented inequality from worsening three times more than it actually did …. In turn, had financialisation not increased after 2005, inequality would have decreased to its level in the early …

dramatic transformations in the past century. While Classical economists advanced the hypothesis that inequality is beneficial …

GDP per capita and within-country income inequality in the world today. Indicators of early development such as early … do not predict income inequality as well as measures of the ethnic or linguistic heterogeneity of the current population …'s ancestors. An even better predictor of current inequality in a country is the variance of early development history of the …

This paper focuses on three issues. First, it analyses the increasing inequality of wealth in Sweden in terms of … percentile age and birth cohort differences. Second, it discusses mobility of wealth as a function of age, length of the … bequests. Estimates are given of their share of total net worth, and of their contribution to the inequality and mobility of …

between initial wealth and entrepreneurship. However, in a recent paper Hurst and Lusardi (2004) use higher order of … polynomials in wealth and find that there is no relationship between household initial wealth and the probability of starting an … own business throughout most of the wealth distribution in the United States. In this paper we examine this relationship …

kink allows me to identify how UI affect the use of private wealth to finance consumption during unemployment spells. Using … significantly larger liquid wealth than men and young singles. …

Suppose individuals get utilities from the total amount of wealth they hold and from their wealth relative to those … immediately below them. This paper studies the distribution of wealth that maximizes an additive welfare function made up of these … utilities. It interprets wealth distribution in a control theory framework to show that the welfare maximizing distribution may …