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 …

accumulation, as well as on the income and wealth distribution in a two sector heterogeneous agent general equilibrium model … likelihood of entrepreneurship increases with individual wealth. …

The distributions of income and wealth in countries across the world are found to possess some robust and stable …

find that the tax-transfer scheme positively affects growth while simultaneously reducing wealth inequality in the economy …

This paper investigates the possibility that wealth (holdings of money) serves as a signal of ability to produce high … quality products for agents who cannot directly observe the quality of the products. A producer's wealth may advertise past … such signaling effects may arise in equilibrium and may lead to more unequal distributions of wealth and lower welfare than …

International and national investors are often exposed to real wealth risks, stemming from volatile asset prices and …, price level and futures price and hence real wealth is stochastic. For a risk averse investor, optimal consumption and …

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. …

We study the development of wealth concentration in Sweden over 130 years, from the beginning of industrialization … until present day. Our series are based on a wide array of new evidence from estate- and wealth tax data, estimates of … foreign and domestic family firm-wealth and of pension and social security wealth. We find that the Swedish wealth …

Statistical equilibrium denotes the distribution of wealth that can be achieved in the largest number of ways while … satisfying a first moment constraint on the rate of growth in wealth portfolios. Maximizing entropy subject to a logarithmic … constraint yields a power law distribution whose characteristic exponent depends positively on the minimum wealth level, and …