optimization problem that aims at preserving for each wealth instrument the level of inequality measured by the Gini coefficient … wealth discrepancies across the households. Finally, based on the German HFCS, we compare the findings with another approach … may reallocate households' wealth beyond the observed discrepancies, thereby leading to Gini coefficients that exceed the …

distributions. While useful in studies of ergodic wealth accumulation processes and the persistence of inequality, our results can … capital income and earnings taxation on expected wealth concentration over higher quantiles as well as on conditional upper … tail dispersion of wealth holdings, qualifying previous results that solely rely on the determination of Pareto exponents. …