Showing 1 - 10 of 502
investment expensing brings about sizeable output gains and a nontrivial increase in after-tax income inequality. However, it …
Persistent link: https://www.econbiz.de/10014496078
inequality increased. We introduce new ways of approximating the effects of international flows and find that the recent increase … in Swedish wealth inequality is likely to be larger than what official estimates suggest. …
Persistent link: https://www.econbiz.de/10010320172
Wider participation in stockholding is often presumed to reduce wealth inequality. We measure and decompose changes in … US wealth inequality between 1989 and 2001, a period of considerable spread of equity culture. Inequality in equity … wealth is found to be important for net wealth inequality, despite equity's limited share. Our findings show that reduced …
Persistent link: https://www.econbiz.de/10010298308
degree of heterogeneity in household preferences or beliefs is sufficient to match empirical measures of wealth inequality in …
Persistent link: https://www.econbiz.de/10011995508
inequality increased. We introduce new ways of approximating the effects of international flows and find that the recent increase … in Swedish wealth inequality is likely to be larger than what official estimates suggest. …
Persistent link: https://www.econbiz.de/10010281378
Wider participation in stockholding is often presumed to reduce wealth inequality. We measure and decompose changes in … US wealth inequality between 1989 and 2001, a period of considerable spread of equity culture. Inequality in equity … wealth is found to be important for net wealth inequality, despite equitys limited share. Our findings show that reduced …
Persistent link: https://www.econbiz.de/10010986408
We consider a setup in which infinitely lived households face idiosyncratic investment risk and show that in this case the equilibrium distribution of wealth becomes increasingly right-skewed over time until wealth concentrates entirely at the top. The households in our setup are identical in...
Persistent link: https://www.econbiz.de/10011051920
inequality of opportunity, as well as to greater output. This provides an additional rationale for an active role for the …
Persistent link: https://www.econbiz.de/10010746233
inequality increased. We introduce new ways of approximating the effects of international flows and find that the recent increase … in Swedish wealth inequality is likely to be larger than what official estimates suggest. …
Persistent link: https://www.econbiz.de/10005771090
inequality of opportunity, as well as to greater output. This provides an additional rationale for an active role for the …
Persistent link: https://www.econbiz.de/10005797441