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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
German history over the past 125 years has been turbulent. Marked by two world wars, revolutions and major regime changes, as well as a hyperinflation and three currency reforms, expropriations and territorial divisions, it provides unique insights into the role of country-specific shocks in...
Persistent link: https://www.econbiz.de/10013187686
inequality deviated substantially. Differences in the composition of household portfolios along the wealth distribution explain … counterbalancing effect and triggered the largest spike in wealth inequality in postwar history. Our findings highlight the importance …
Persistent link: https://www.econbiz.de/10011717045