differential saving rates, differential rates of return matter for Post Keynesian theory, because they impact the income and wealth …This paper estimates rates of return across the gross wealth distribution in eight European countries. Like … wealth differentiates between three socioeconomic groups: 30% are asset-poor, 65% are middle-class home owners, and the top 5 …

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 … of wealth inequality. The paper thereby provides a possible explanation for the instability of demand regimes over time. …