Mit seinem Weltbestseller "Das Kapital im 21. Jahrhundert" hat Thomas Piketty eine heftige Kontroverse über die wachsende Ungleichheit in den westlichen Gesellschaften und deren Ursachen ausgelöst. Nun folgt der "World Inequality Report" - der gründlichste und aktuellste Bericht zur Lage der...

By combining new macroeconomic statistics on the activities of multinational companies with the national accounts of tax havens and the world's other countries, we estimate that close to 40% of multinational profits are shifted to low-tax countries each year. Profit shifting is highest among...

Using administrative wealth records from Denmark, we study the effects of wealth taxes on wealth accumulation. Denmark 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...

This paper combines national accounts, survey, wealth and fiscal data (including recently released tax data on high-income taxpayers) in order to provide consistent series on the accumulation and distribution of income and wealth in Russia from the Soviet period until the present day. We find...