A significant amount of the increase in the wealth income ratio in recent decades is due to an increase in the value of … increase in both the wealth income ratio and wealth inequality. One model focuses on certain locations as being positional good …

proceeds are paid out to workers) is so shifted that capitalists are unaffected and that workers' income (after transfers) and … the tax reduces the aggregate value of wealth, and if the proceeds of the tax are distributed to workers, their income and …'s views, a tax on the returns on land, including capital gains, reduces inequality with no adverse effect on national income …

This paper investigates the determination of the equilibrium distribution of income and wealth among individuals within …

entailing movements in factor returns and shares and the wealth-income ratio. Standard data on savings cannot be reconciled with … the increase in the wealth-income ratio: there is a wealth residual. An important component of this is associated with …