rate adjustments. The formulation is theory-based, relying on balance of payments equilibrium conditions and international …

seriously adverse outcomes. If the composition of wealth shifts into the hands of investors with higher coefficients of relative … calculates likely magnitudes of the decline and presents evidence in favor of a shift in the composition of wealth toward the …

seriously adverse outcomes. If the composition of wealth shifts into the hands of investors with higher coefficients of relative … calculates likely magnitudes of the decline and presents evidence in favor of a shift in the composition of wealth toward the …

wealth - the difference between firm's wealth (equity and debt) and capital employed. Surplus wealth rose from -$0 … 1974 - 2015. In step 2 we test the hypothesis surplus wealth is associated with IT transformed firms, establishing an … empirical link of IT with monopoly power. Step 3 is theoretical, explaining why theory shows we should expect these results, by …

. Distributional information on households' wealth is available from the Household Finance and Consumption Survey only for three points … quarterly distributional national wealth by (i) improving the alignment of survey fieldwork periods with the national accounts … time series; and (v) computing euro area aggregates. This paper finds an increase in the net wealth Gini of most euro area …

This chapter offers an overview of the empirical and theoretical research on the long-run evolution of wealth and … inheritance. Wealth–income ratios, inherited wealth, and wealth inequalities were high in the eighteenth to nineteenth centuries … show that over a wide range of models, the long-run magnitude and concentration of wealth and inheritance are an increasing …