saving rates, the accumulation and distribution of private financial wealth and the evolution of public debt. Conducting a …

This paper studies wealth taxation in a heterogeneous agent economy with entrepreneurship. Entrepreneurs face borrowing … dataset on household wealth, I show that this possibility for entrepreneurs to sell their firm is crucial to simultaneously … account for both the stylized facts of the wealth distribution and year-to-year changes in wealth. In a subsequent policy …

This article demonstrates why wealth concentration matters and why the tax system should be used to help control wealth … concentration. It shows that wealth concentration appears to be related to slow economic growth because of the lack of opportunities …. It also shows that wealth concentration adversely affects the democratic process. It argues that because inheritances …

Taxation of capital income and wealth redistributes from the rich but may harm the Norwegian economy as business … wealth. A wealth tax without a discount for working capital combined with a tax rate on ordinary income equal to the …