This paper estimates rates of return across the gross wealth distribution in eight European countries. Like … distribution and add an explosive element to growth models. We show that differential rates of return matter empirically by merging …-shaped function across the distribution, where inequality in the lower half of the distribution is higher than in the upper half. If …

The paper investigates how including the distribution of wealth changes the demand effects of redistributing functional … income. It develops a model with an endogenous wealth distribution and shows that the endogenous rise in wealth inequality …

We examine the relationship between the distribution of upper secondary school performance and a range of individual …