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We study the impact of heterogeneous saving behavior on the distributional effects of public investment. A capital tax is levied to finance productive public capital in an economy with two types of households: high income households who save dynastically and middle income households who save for...
Persistent link: https://www.econbiz.de/10010260036
Persistent link: https://www.econbiz.de/10011431403
saving rates, the accumulation and distribution of private financial wealth and the evolution of public debt. Conducting a …
Persistent link: https://www.econbiz.de/10012818125
distribution of household income changed during the first year of the COVID-19 pandemic. Second, we use pre-pandemic data on child …
Persistent link: https://www.econbiz.de/10013278883
This paper provides a household-level perspective on the rise of global saving and wealth since the 1980s. We calculate … asset-specific saving flows and capital gains across the wealth distribution for the G3 economies – the U.S., Europe, and … China. In the past four decades, global saving inequality has risen sharply. The share of household saving flows coming from …
Persistent link: https://www.econbiz.de/10013187481
This paper provides a household-level perspective on the rise of global saving and wealth since the 1980s. We calculate … asset-specific saving flows and capital gains across the wealth distribution for the G3 economies - the U.S., Europe, and … China. In the past four decades, global saving inequality has risen sharply. The share of household saving flows coming from …
Persistent link: https://www.econbiz.de/10013175710
bywidening top income inequality, rising private savings and compressed consumption rates.Rising corporate profits in an … environment of high business wealth concentration account for90 percent of the rise in the private savings rate and a third of the …
Persistent link: https://www.econbiz.de/10012828236
This paper explores the interaction between corporate ownership concentration and private savings, and by extension …, the current account balance in Germany. As high corporate savings largely reflected capital income accruing to wealthy … widening top income inequality, rising private savings and compressed consumption rates. Rising corporate profits in an …
Persistent link: https://www.econbiz.de/10012252060
rates as input parameters for a macro simulation of the distribution of household incomes and savings we find that the … the distribution of savings along the income and wealth distribution are of high interest for the question on whether … concentration of household savings in Germany by estimating saving amounts, saving rates and shares in aggregate savings for …
Persistent link: https://www.econbiz.de/10011575021
inequality in per capita income. The level of inequality in Spain is more moderate when total gross household income is analysed …
Persistent link: https://www.econbiz.de/10011967426