research, stand out Anthony Atkinson, Simon Kuznets, Michael Kalecki, and Thomas Piketty. …Since the late twentieth century there has been a growing interest in academic and political circles on inequality. In … research about Inequality since the 1950s; (ii) the development of a new method of analysis that combines (ii-a) a quantitative …

If Piketty's main theoretical prediction (r>g leads to rising wealth inequality) is taken to its radical conclusion … transitional phase of increasing wealth inequality, which characterizes the current state of high-income countries: The wealth … share of capitalists rises to over 60%, the wealth-to-income ratio increases, and income inequality rises. Finally, we show …

-income ratio. In Capital in the XXI Century, Thomas Piketty's argument is that the r > g inequality determines an increase in the …; (ii) a decline in labor productivity; (iii) an increase in the top 1% wealth share, and (iv) an increase in the capital …' total savings, and wealth concentrates in the capitalists' hands. A higher profit share and wealth share both put pressure …

Netherlands to investigate the role of liquid wealth. Within five years of job loss, the likelihood of being a permanent worker … shock to job security. This effect is driven by workers with low liquid wealth, pointing to liquidity constraints as an …

Although older generations have substantially more wealth than their recent predecessors did at the same age, younger … circumstances can rationalise slowing generation-on-generation wealth growth. I find no evidence that later-born generations are less … predicted to have higher consumption, despite accumulating no greater wealth, than their predecessors because their earnings are …

light on the impact of intergenerational transfers on household wealth disparities and on possible reasons for the … substantial differences in household wealth disparities among the 4 countries. Almost all of the evidence I present suggests that … intergenerational transfers have a disequalizing impact on household wealth disparities and promote the transmission of household wealth …

We use Norwegian tax data and a life-cycle model with housing to study how wealth transmits across generations through … that housing outcomes when young are important determinants of midlife wealth. This holds also when using plausibly … parental wealth explain 12% of intergenerational wealth persistence, making housing equally important as the combined impact of …

productivity; (ii) a fall in the labor share, (iii) an increase in the capital income ratio, and (iv) an increase in the wealth …, differential savings delivers a direct relationship between the capitalist share of wealth and the capital-income ratio independent …: tax policy can be used to implement any wealth distribution, similarly to Zamparelli (2016); while worker …

across generations. We discuss the implications of these findings for several strands of the wealth inequality debate. …We provide a systematic analysis of the properties of individual returns to wealth using twelve years of population … returns does not arise merely from differences in the allocation of wealth between safe and risky assets: returns are …

less wealth. …