We use a sufficient statistic approach to quantify the general equilibrium effects of population aging on wealth … countries, we measure the compositional effect of aging: how a changing age distribution affects wealth-to-GDP, holding the age … wealth-to-GDP ratios, lower asset returns, and widen global imbalances through the twenty-first century. These conclusions …

Many studies have shown that wealth inequality is even greater than income inequality and has increased in recent … decades. This issue of Policy in Focus is dedicated to wealth taxes, presenting various perspectives on whether they can be an … effective instrument for distributive and fiscal policies to promote a more inclusive recovery in a post-COVID-19 pandemic world. …