Bauluz, Luis; Novokmet, Filip; Schularick, Moritz - 2022 - This version: 08 April 2022
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 …