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The wealth possessed by households, identifiable as so-called net worth, varies greatly in quantity and form between … different socioeconomic contexts. We describe several forms of wealth typically owned by consumer households, considering their … economic and social effects. We analyze the economic role of the wealth forms that compose the households’ net worth (real and …
Persistent link: https://www.econbiz.de/10013246138
The wealth possessed by households, identifiable as so-called net worth, varies greatly in quantity and form between … different socioeconomic contexts. We describe several forms of wealth typically owned by consumer households, considering their … economic and social effects. We analyze the economic role of the wealth forms that compose the households’ net worth (real and …
Persistent link: https://www.econbiz.de/10012301673
Persistent link: https://www.econbiz.de/10014474302
's birth place is an important determinant for wealth in adulthood. We exploit a new dataset that oversamples wealthy … individuals in Germany and includes information on birth district, current residence, individual wealth, gifts and inheritances … and parental background. To identify the effect of economic growth on children's wealth we match the population of heirs …
Persistent link: https://www.econbiz.de/10013330661
Persistent link: https://www.econbiz.de/10012802963
If Piketty's main theoretical prediction (r>g leads to rising wealth inequality) is taken to its radical conclusion …, then a small elite will own all wealth if capitalism is left to its own devices. We formulate and calibrate a Post …-Keynesian model with an endogenous distribution of wealth between workers and capitalists which permits such a corner solution of all …
Persistent link: https://www.econbiz.de/10011927150
Persistent link: https://www.econbiz.de/10011891213
Persistent link: https://www.econbiz.de/10012423791
If Piketty's main theoretical prediction (r>g leads to rising wealth inequality) is taken to its radical conclusion …, then a small elite will own all wealth if capitalism is left to its own devices. We formulate and calibrate a Post …-Keynesian model with an endogenous distribution of wealth between workers and capitalists which permits such a corner solution of all …
Persistent link: https://www.econbiz.de/10011958545