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The aim of this paper is to examine the concentration of wealth among the group of top wealth holders, defined as those … with wealth in excess of a high cut off. The paper begins by considering the definition of this cut off, analogous to the …, wealth tax data, and investment income tax data. It starts off from the world’s billionaires in 2006, but is particularly …
Persistent link: https://www.econbiz.de/10010284753
a common framework. We illustrate this by analyzing the role of income and wealth as dimensions of multidimensional well … the country ranking depending on the measure. While in Germany wealth predominantly contributes to the intensity of …
Persistent link: https://www.econbiz.de/10010286273
What was the impact of urban political structure on economic inequality in preindustrial times? I document that more … closed political institutions were associated with higher economic inequality in a panel of early modern German cities. To …,000 observations on personal wealth and political office-holding in the city state of Nördlingen from 1579 to 1700. I employ a …
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This paper studies the impact of the Protestant Reformation on wealth distribution and inequality in confessionally … insiders only. This gave Protestantism an ambiguous character in terms of redistribution and its impact on inequality. I … framework, I document that the Reformation exacerbated inequality overall, by making marginal poor people relatively poorer. The …
Persistent link: https://www.econbiz.de/10014429255
Using microeconomic data on 2,500 savers of the savings bank Ludwigsburg, we study individual savings behavior in 19th century-Germany. We show that wealthy savers responded to an increase in the expected inflation rate (and falling real interest rate) by increasing their savings, suggesting...
Persistent link: https://www.econbiz.de/10013169259