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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 …
Persistent link: https://www.econbiz.de/10011927150
residential mobility? iv) Is there a link between homeownership and wealth inequality? Between inequality in housing wealth and in … distribution. Another important issue is whether housing-related policies raise potential trade-offs between equity, or inequality …
Persistent link: https://www.econbiz.de/10012202943
We study beliefs about wealth inequality and preferences for wealth redistribution. For this, we conduct a large … overestimate their position reduce their aversion to inequality after learning their position, while those who underestimate their …
Persistent link: https://www.econbiz.de/10014543737
Persistent link: https://www.econbiz.de/10001537294
wealth accumulation in these two countries can be enlightening. In this paper we examine wealth inequality and mobility in … Sweden and the United States over the past decade. We show that wealth inequality has been significantly greater in the U …. In addition to less inequality and a higher median wealth, we also show that wealth quintile mobility in the 1990 s has …
Persistent link: https://www.econbiz.de/10011587574
distribution of health in a population contributes to income inequality and is itself a product of that inequality. The evidence …-health’s contribution to income inequality is difficult to gauge. Variation in exposure to health risks early in life could be an important … mechanism through which health may generate and possibly sustain economic inequality. If material advantage can be exercised …
Persistent link: https://www.econbiz.de/10014025328
Like in many other countries, wealth inequality has increased in Switzerland over the last fifty years. By providing …
Persistent link: https://www.econbiz.de/10014232881
While inequality of opportunity (IOp) in earnings is well studied, the literature on IOp in individual net wealth is … the Socio-Economic Panel (SOEP). Ex-ante IOp is defined as the contribution of circumstances to the inequality in net … and for a detailed decomposition of net wealth inequality into a variety of circumstances; among them childhood background …
Persistent link: https://www.econbiz.de/10014390537
This paper studies the impact of the Protestant Reformation on wealth distribution and inequality in confessionally … insiders only. This gave Protestantism an ambiguous character in terms of redistribution and its impact on inequality. I … framework, I document that the Reformation exacerbated inequality overall, by making marginal poor people relatively poorer. The …
Persistent link: https://www.econbiz.de/10014429255
evidence of declining income inequality in the period -traditionally considered the industrial 'take-off' phase of Italy- we … economic development. Although contemporary inequality is much lower than early 20th-century figures, the 'real' wealth of …
Persistent link: https://www.econbiz.de/10014439450