Narrow search
Showing 1 - 10 of 2,943
Cover Image
Testing Marx
Bartels, Charlotte; Kersting, Felix; Wolf, Nikolaus - 2023
We study the dynamics of capital accumulation, income inequality, capital concentration, and voting up to 1914. Based … critics. We show that changes in capital accumulation led to a rise in the capital share and income inequality, as predicted … by orthodox Marxists. But against their predictions, this did neither lead to further capital concentration nor to more …
Persistent link: https://www.econbiz.de/10014477385
Cover Image
Wealth and income inequality in the long run
Lieberknecht, Philipp; Vermeulen, Philip - 2022 - This version: May 12, 2022
This paper analyses the joint long-run evolution of wealth and income inequality. We show that top wealth and income shares were cointegrated over the past century in France and the US. We rationalise this finding using a two-agent version of the Solow growth model. In this framework, the...
Persistent link: https://www.econbiz.de/10013202036
Cover Image
Inequality and relative saving rates at the top
Lieberknecht, Philipp; Vermeulen, Philip - 2018
We estimate the long- and short-run relationship between top income and wealth shares for France and the US since 1913. We find strong evidence for a long-run cointegration relationship governed by relative saving rates at the top. For both countries, we estimate a decline in the relative saving...
Persistent link: https://www.econbiz.de/10011929816
Cover Image
Wealth and income inequality in the long run
Lieberknecht, Philipp; Vermeulen, Philip - 2022
This paper analyses the joint long-run evolution of wealth and income inequality. We show that top wealth and income shares were cointegrated over the past century in France and the US. We rationalise this finding using a two-agent version of the Solow growth model. In this framework, the...
Persistent link: https://www.econbiz.de/10013406476
Cover Image
Three Centuries of Inequality in Britain and America
Lindert, Peter H.; Raymond, Donna Wills - 2000
Income and wealth inequality rose over the first 150 years of U.S. history. They may have risen at times in Britain before 1875. The first half of this century equalized pre-fisc incomes more in Britain than in America. From the 1970s to the 1990s inequality rose in both countries, reversing...
Persistent link: https://www.econbiz.de/10014072789
Cover Image
Chapter 3 Three centuries of inequality in Britain and America
Lindert, Peter H. - In: Handbook of income distribution : volume 1, (pp. 167-216). 2000
Income and wealth inequality rose over the first 150 years of US history. They rose in Britain before 1875, especially 1740–1810. The first half of the 20th century equalized pre-fisc incomes both in Britain and in America. From the 1970s to the 1990s inequality rose in both countries,...
Persistent link: https://www.econbiz.de/10014024206
Cover Image
Top Incomes in Sweden Over Three-Quarters of a Century : A Micro Data Approach
Gustafsson, Björn; Jansson, Birgitta - 2010
This paper aims to throw light on the development of top incomes in Sweden as well as the causes for change. Using household income data we show that since the first half of the 1980s real income at the top of the distribution has developed more favourably than for other groups. This contrasts...
Persistent link: https://www.econbiz.de/10014213148
Cover Image
Chapter 4 Historical perspectives on income distribution: The case of Europe
Morrisson, Christian - In: Handbook of income distribution : volume 1, (pp. 217-260). 2000
The evolution of income distribution over two centuries is an attractive topic because it allows one to test the inverse U-curve hypothesis using long series instead of cross-section data. In Section 1 the distribution trends in countries where global data are available, is considered, that is...
Persistent link: https://www.econbiz.de/10014024205
Cover Image
Multidimensional affluence in income and wealth in the Eurozone : a cross-country comparison using the HFCS
Kontbay-Busun, Sine; Peichl, Andreas - 2015
This paper applies multidimensional affluence measures to a new dataset on income and wealth in 15 Eurozone countries. We start our analysis by examining the income and wealth distributions separately for each country, and extend it to a multidimensional setting by considering the joint...
Persistent link: https://www.econbiz.de/10011288530
Cover Image
Multidimensional affluence in income and wealth in the eurozone : a cross country comparison using the HFCS
Kontbay-Busun, Sine; Peichl, Andreas - 2014
This paper applies multidimensional affluence measures to a new dataset on income and wealth in 15 Eurozone countries. We start our analysis by examining the income and wealth distributions separately for each country, and extend it to a multidimensional setting by considering the joint...
Persistent link: https://www.econbiz.de/10010459794