Piketty, Thomas; Zucman, Gabriel - In: Handbook of income distribution : volume 2, (pp. 1303-1368). 2015
because of the slowdown of population and productivity growth, and because of rising international competition to attract … function of r ¯ − g where r ¯ is the net-of-tax rate of return on wealth and g is the economy's growth rate. This suggests that … inheritance. Wealth–income ratios, inherited wealth, and wealth inequalities were high in the eighteenth to nineteenth centuries …