, then a small elite will own all wealth if capitalism is left to its own devices. We formulate and calibrate a Post …If Piketty's main theoretical prediction (r>g leads to rising wealth inequality) is taken to its radical conclusion …-Keynesian model with an endogenous distribution of wealth between workers and capitalists which permits such a corner solution of all …

, then a small elite will own all wealth if capitalism is left to its own devices. We formulate and calibrate a Post …If Piketty's main theoretical prediction (r>g leads to rising wealth inequality) is taken to its radical conclusion …-Keynesian model with an endogenous distribution of wealth between workers and capitalists which permits such a corner solution of all …

model that explicitly accounts for the dynamic interaction between capital accumulation, interest rates and wages, wealth …Recent studies (Galor and Zeira (1993), Banerjee and Newman (1993)) argue that, because of capital market imperfections … wealth …

Wealth concentration in the U.S. has increased over the past 25 years across multiple methodologies for measuring … wealth. But the reasons for the increase—and the timing of the increase—are quite different. In this note, we show that most … the sharp increase in wealth concentration during and after the crisis differ remarkably across methods. We describe some …

aus unterschiedlichsten WIssenschaftsdisziplinen zu einer einzigen großen welt- und zeitumspannenden Theorie, die die … liefert er erstmals eine allumfassende, evidenzbasierte Theorie über die gesamte wirtschaftliche Entwicklungsgeschichet der …