This paper is about “Capital in the Twenty-first Century” by Thomas Piketty. It identifies his central macroeconomic …

The distributions of income and wealth in countries across the world are found to possess some robust and stable …

the particular savings hypothesis. However, if savings out of capital income are substantial so that a certain threshold …

the particular savings hypothesis. However, if savings out of capital income are substantial so that a certain threshold …

This paper argues that an increase in the inequality of wealth prompts a stronger quest for status that in turn fosters … the accumulation of wealth. It proposes a measure for an individual's want of social status. For a given level of a … population?s wealth, the corresponding aggregate measure of want of social status is shown to be positively related to the Gini …

This paper argues that an increase in the inequality of wealth prompts a stronger quest for status that in turn fosters … the accumulation of wealth. It proposes a measure for an individual's want of social status. For a given level of a … population's wealth, the corresponding aggregate measure of want of social status is shown to be positively related to the Gini …

countries. In the past decades the Swedish top income shares developed very differently depending on whether capital gains are …

We study the development of wealth concentration in Sweden over 130 years, from the begin-ning of industrialization … until present day. Our series are based on a wide array of new evi-dence from estate- and wealth tax data, estimates of … foreign and domestic family firm-wealth and of pension and social security wealth. We find that the Swedish wealth …

fall is almost entirely due to a dramatic drop in the top percentile explained mostly by decreases in capital income, while …. In the past decades top income shares evolve very differently depending on whether capital gains are included or not … capital gains, Sweden looks more like the continental European countries where top income shares have remained relatively …

The objective of this paper is to study the dynamics of the wealth distribution over the path of economic development … characteristics shared by all countries. A historical account of the evolution of the wealth distribution in developed countries is … transition. The data used originates from the taxation of wealth and estates. …