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This paper is the first to compare global trends in income and wealth inequality this century. It is based on large … income and wealth microdata samples designed to be representative of all countries in the world. Measured by the Gini … one half - of wealth inequality. Broadly similar results are found for different years and different inequality indices …
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recession, resulting in a substantial rise in unemployment, and income and wealth inequality. This paper uses longitudinal data … from the Survey of Household Finances over the period 2002 to 2014 to examine the distributions of income and wealth in … both income and wealth following the sharp decline in house prices that occurred since 2008, with house price fluctuations …
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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 …
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