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This paper examines long-term trends in aggregate wealth and inheritance and in their distributions, focusing on … developed economies. A key stylized fact is that wealth is less equally distributed than income. Financial assets predominate … among the wealthy, while owner-occupied housing is crucial for middle groups, so higher stock prices raise wealth inequality …
Persistent link: https://www.econbiz.de/10014564314
are still below the western German levels. This particularly holds for private net wealth, which reaches only about 40% of … study is designed to develop regional wealth indicators for the 16 federal states and for the 96 regional planning regions … skewness of the wealth distribution using a transformation, b) unit and item non-response, especially the multiple imputation …
Persistent link: https://www.econbiz.de/10012101276
longitudinal imputation strategies for German wealth panel data (SOEP wealth module). The authors create simulation data sets by …
Persistent link: https://www.econbiz.de/10010483239
This study presents new homogenous series of top income shares in Sweden over the period 1903 to 2004. We find that, starting from higher levels of inequality than in other Western countries, the income share of the Swedish top decile drops sharply over the first eighty years of the century. The...
Persistent link: https://www.econbiz.de/10010281326
This study presents new homogenous series of top income shares in Sweden over the period 1903-2004. We find that, starting from levels of inequality approximately equal to those in other Western countries at the time, the income share of the Swedish top decile drops sharply over the first eighty...
Persistent link: https://www.econbiz.de/10010320074
The objective of this paper is to study the dynamics of the wealth distribution over the path of economic development … characteristics shared by all countries. A historical account of the evolution of the wealth distribution in developed countries is … transition. The data used originates from the taxation of wealth and estates. …
Persistent link: https://www.econbiz.de/10010320107
; Income distribution ; Wealth distribution ; Top incomes ; Welfare State ; Sweden ; Taxation ; Capital gains …
Persistent link: https://www.econbiz.de/10003307327
We study the dynamics of capital accumulation, income inequality, capital concentration, and voting up to 1914. Based on new panel data for Prussian regions, we re-evaluate the famous Revisionism Debate between orthodox Marxists and their critics. We show that changes in capital accumulation led...
Persistent link: https://www.econbiz.de/10014477385
Our objective is to study the dynamics of the wealth distribution over the path of economic development. More … all countries. A historical account of the evolution of the wealth distribution in developed countries is interesting in …. The data we use originate from the taxation of wealth and estates. We, first, review the recent constructions of new …
Persistent link: https://www.econbiz.de/10014212956
Taxation data have been used to create long-run series for the distribution of top incomes in quite a number of countries. Most of these studies have focused on the national experience of individual countries, but we can also learn from cross-country comparisons. Comparative analysis is...
Persistent link: https://www.econbiz.de/10013141780