Corporate taxation can have redistributive effects on income and wealth. We hypothesize and empirically establish such … an effect working via bank credit. We use a unique sample of majority-owned firms that apply for credit, where only some … relatively poor business owners get easier access to credit. However, this policy also considerably increases loan amounts and de …

different groups in the UK, and the consequences that these changes have for income inequality and for measures of deprivation … distribution of household income changed during the first year of the COVID-19 pandemic. Second, we use pre-pandemic data on child …

This paper provides a household-level perspective on the rise of global saving and wealth since the 1980s. We calculate … asset-specific saving flows and capital gains across the wealth distribution for the G3 economies – the U.S., Europe, and … China. In the past four decades, global saving inequality has risen sharply. The share of household saving flows coming from …

This paper provides a household-level perspective on the rise of global saving and wealth since the 1980s. We calculate … asset-specific saving flows and capital gains across the wealth distribution for the G3 economies - the U.S., Europe, and … China. In the past four decades, global saving inequality has risen sharply. The share of household saving flows coming from …

and living standards strengthened, not only for the affluent, but also for middle deciles of the long-run income … distribution, although those at the very bottom of the income distribution were more likely to report a decline in net wealth over …