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The paper examines the determinants of income and wealth inequality in a Kaldorian model where the profit share adjusts … increasing inequality in income and wealth since the early 1980s, including the shift of the power relation in corporate firms in … growth reduces inequality of income and wealth in this Kaldorian framework. …
Persistent link: https://www.econbiz.de/10011788876
The paper examines the determinants of income and wealth inequality in a Kaldorian model where the profit share adjusts … increasing inequality in income and wealth since the early 1980s, including the shift of the power relation in corporate firms in … growth reduces inequality of income and wealth in this Kaldorian framework. …
Persistent link: https://www.econbiz.de/10011522149
This paper analyses the joint long-run evolution of wealth and income inequality. We show that top wealth and income …
Persistent link: https://www.econbiz.de/10013333564
to a reduction of the long-run gap between wealth and income inequality compared to the period before. In the short …-run, income inequality drives wealth inequality, while the converse link is weaker and slower. Using counterfactual simulations …, we find that the recent rise in wealth inequality in the US is largely attributable to the contemporary increase in …
Persistent link: https://www.econbiz.de/10012142048
This paper analyses the joint long-run evolution of wealth and income inequality. We show that top wealth and income …
Persistent link: https://www.econbiz.de/10013202036
to a reduction of the long-run gap between wealth and income inequality compared to the period before. In the short …-run, income inequality drives wealth inequality, while the converse link is weaker and slower. Using counterfactual simulations …, we find that the recent rise in wealth inequality in the US is largely attributable to the contemporary increase in …
Persistent link: https://www.econbiz.de/10013315379
to a reduction of the long-run gap between wealth and income inequality compared to the period before. In the short …-run, income inequality drives wealth inequality, while the converse link is weaker and slower. Using counterfactual simulations …, we find that the recent rise in wealth inequality in the US is largely attributable to the contemporary increase in …
Persistent link: https://www.econbiz.de/10011929816
This paper analyses the joint long-run evolution of wealth and income inequality. We show that top wealth and income …
Persistent link: https://www.econbiz.de/10013406476
Persistent link: https://www.econbiz.de/10012008530
Persistent link: https://www.econbiz.de/10011809431