used to impose one of the world's highest marginal tax rates on wealth, but this tax was drastically reduced and ultimately … abolished between 1989 and 1997. Due to the specific design of the wealth tax, these changes provide a compelling quasi …Using administrative wealth records from Denmark, we study the effects of wealth taxes on wealth accumulation. Denmark …

comprehensive study of wealth and its distribution in Germany since the 19th century. We combine tax and archival data, household … insights into the role of country-specific shocks in shaping long-run wealth dynamics. This paper presents the first … surveys, historical national accounts, and rich lists to analyze the evolution of the German wealth distribution over the long …

comprehensive study of wealth and its distribution in Germany since the 19th century. We combine tax and archival data, household … insights into the role of country-specific shocks in shaping long-run wealth dynamics. This paper presents the first … surveys, historical national accounts, and rich lists to analyze the evolution of the German wealth distribution over the long …

We study a model in which the effects of taxation on growth are highly non-linear. Marginal increases in tax rates have … a small growth impact when tax rates are low or moderate. When tax rates are high, further tax hikes have a large … of taxation and other disincentives to investment and innovation on economic growth …

pension reforms led to an increase in the household savings rate in Germany until about 2010. As domestic investment … 2000s. Our results suggest that an array of structural tax and labor market reforms (Agenda 2010), population aging and … opportunities could not absorb these additional savings, they were partly invested abroad. The German current account-to-GDP ratio …

In order to increase personal saving and investment and to promote tax neutrality among various investment vehicles … incur. Since mutual funds are a popular vehicle for saving and investment of middle-income households, this tax reform would … approximately 150 percent of the original $10,000 investment. A change in the tax treatment of mutual funds would have a beneficial …

To increase personal saving and investment and to promote tax neutrality among various investment vehicles, the tax … an asset, no tax liability should incur. With respect to regulated investment companies, the realization point that … mutual funds are a popular vehicle for saving and investment of middle-income households, this tax reform would greatly …

savings, investment, and labour supply in neoclassical models, and to the rate of unemployment in job search models. These …This paper proposes a methodology for computing effective average tax rates using national accounts and revenue … statistics, and applies it to construct time-series of tax rates for the seven largest industrialized countries. The resulting …

globalized capital market as investments are distorted. This study shows that raising tax revenue by taxing wealth is less costly … wealth. The explanation is that a recidence based tax on wealth collects tax revenue from wealthy investors without …Taxation of capital income and wealth designed to redistribute from the rich may harm small open economies with a …

wealth. A wealth tax without a discount for working capital combined with a tax rate on ordinary income equal to the …Taxation of capital income and wealth redistributes from the rich but may harm the Norwegian economy as business … investments is distorted. This study shows how to redistribute from the richest without distorting investment decisions of foreign …