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We analyze the US public sector balance sheet and project it forward under the assumption that current policies remain in place. We first document the history of the balance sheet and its components since World War II, with a detailed account of its evolution during and after the global...
Persistent link: https://www.econbiz.de/10012102086
Who gets rich, and why? -- Where did private equity come from? -- Who are they? -- What do they do? -- How are they any different? -- How do you study them? -- Where's the value? -- Do we even have time? -- To buy or not to buy? -- What should we think of ourselves?
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We provide levels of, compositions of, and inequalities in household augmented wealth - defined as the sum of net worth … and pension wealth - for two countries: the United States and Germany. Pension wealth makes up a considerable portion of … household wealth: about 48% in the United States and 61% in Germany. The higher share in Germany narrows the wealth gap between …
Persistent link: https://www.econbiz.de/10011622210
wealth accumulation in these two countries can be enlightening. In this paper we examine wealth inequality and mobility in … Sweden and the United States over the past decade. We show that wealth inequality has been significantly greater in the U …. In addition to less inequality and a higher median wealth, we also show that wealth quintile mobility in the 1990 s has …
Persistent link: https://www.econbiz.de/10011587574
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equilibrium framework with heterogeneous agents and a fiscal structure resembling the actual US tax system. The wealth and income … tax rate decreases inequality in both wealth and income but also leads to a contraction of the aggregate economy. This is …
Persistent link: https://www.econbiz.de/10011296121