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Persistent link: https://www.econbiz.de/10012582706
the model matches the rise in urban China’s wealth inequality since 1995 almost exactly. We further quantify the relative …We propose a quantitative theory of wealth creation and distribution during China's transitional growth from the early … wealth, whereas the majority working class, partly due to limited investment available from an underdeveloped financial …
Persistent link: https://www.econbiz.de/10014314291
Inherited wealth has attracted much attention recently, much due to the research by Thomas Piketty (Piketty, 2011; 2014 … historical inheritance flows are only really available for France and to some extent for the U.K. We study the long-run evolution … of inherited wealth in Sweden over the past two hundred years. The trends in Sweden are similar to those in France and …
Persistent link: https://www.econbiz.de/10010472741
Persistent link: https://www.econbiz.de/10014439412
startups, and find that an entrepreneurship model disciplined only by microdata on investment can broadly match the high wealth … entrepreneurial savings and investment behavior, and in turn shape the wealth distribution. To that end, I construct an endogenous … model to match salient facts about entrepreneurial investment drawn from a nationally representative panel survey on …
Persistent link: https://www.econbiz.de/10012933221
easing entrepreneurial investments for credit-constrained individuals whose investment possibilities depend on their income … entrepreneurial elite, resulting in economic policy and institutions which are more conducive to entrepreneurship and productivity … evidence on transition economies. -- credit constraints ; distribution ; economic development ; entrepreneurship ; institutions …
Persistent link: https://www.econbiz.de/10003225929
easing entrepreneurial investments for credit-constrained individuals whose investment possibilities depend on their income … entrepreneurial elite, resulting in economic policy and institutions which are more conducive to entrepreneurship and productivity …
Persistent link: https://www.econbiz.de/10003202246
easing entrepreneurial investments for credit-constrained individuals whose investment possibilities depend on their income … entrepreneurial elite, resulting in economic policy and institutions which are more conducive to entrepreneurship and productivity …
Persistent link: https://www.econbiz.de/10003204791
easing entrepreneurial investments for credit-constrained individuals whose investment possibilities depend on their income … entrepreneurial elite, resulting in economic policy and institutions which are more conducive to entrepreneurship and productivity …
Persistent link: https://www.econbiz.de/10013318254
Persistent link: https://www.econbiz.de/10010513622