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Persistent link: https://www.econbiz.de/10011585063
This paper analyzes the determinants of the labor-capital split in national income for 20 countries since the late 1800s. Our main identification strategy focuses on unique historical quasi-experimental events: i) the introduction of universal suffrage, ii) close election wins of left-wing...
Persistent link: https://www.econbiz.de/10012213168
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This paper analyzes new evidence on long-run trends in aggregate wealth accumulation and wealth inequality in Western countries. The new findings suggest that wealth-income ratios were lower before World War I than previously claimed, that wealth concentration fell over the past century and has...
Persistent link: https://www.econbiz.de/10012649784
This paper analyzes the determinants of the labor-capital split in national income for 20 countries since the late 1800s. Our main identification strategy focuses on unique historical quasi-experimental events: i) the introduction of universal suffrage, ii) close election wins of left-wing...
Persistent link: https://www.econbiz.de/10012210389
This paper investigates the relationship between the capital share in national income and personal income inequality over the long run. Using a new historical cross-country database on capital shares in 19 countries and data from the World Wealth and Income Database, we find strong long-run...
Persistent link: https://www.econbiz.de/10011408188
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Written in celebration of its 350th anniversary in 2018, this book details the history of the central bank of Sweden …, Sveriges Riksbank, as presented by Klas Fregert. It relates the bank's history to the development of other major central banks … history. These chapters include an analysis of the Bank of England written by Charles Goodhart; the evolution of banking in …
Persistent link: https://www.econbiz.de/10013285212