"The causal relationship between growth and inequality is complex ... Few recent studies in this field have shown that the nature of relationship is multifaceted and non-linear. In addition to the intrinsic nonlinear nature of the relationship, government and institutions play a pivotal role in...

Die fortwährende gesellschaftliche Debatte über die angeblich wachsende »Kluft zwischen Arm und Reich« ist höchst aktuell und durch das Buch Pikettys »Das Kapital im 21. Jahrhundert« befeuert worden. Verteilungsfragen – wer bekommt wovon und wieviel und warum – wurden in der...

This article outlines income and wealth distribution trends in Germany since the 19th century, compared to other Western industrialised countries. We first discuss the evolution of aggregate wealth-to-income ratios. We then explore how the concentration of income and wealth among the top...

Innovation is a driving force of wealth distribution. To explore its time-varying effect on income inequality, we propose a nonparametric model using the local linear dummy variable estimation (LLDVE) method. Based on province-level panel data from China spanning from 2006 to 2020, we find that...