Die vorliegende Auswertung im Auftrag von Oxfam Deutschland e. V. und dem Netzwerk Steuergerechtigkeit zeigt anhand einer Reihe von Modellhaushalten beispielhaft auf, wie hoch die Steuerbelastung in der Schweiz für reiche und sehr reiche Steuerzahler ist, und wie diese im Vergleich zu einer...

Die Finanzentscheidungen der österreichischen Haushalte2 waren 2023 stark von den wirtschaftlichen Rahmenbedingungen geprägt, insbesondere vom Zinsumfeld und von der hohen Inflation. Vorläufige Daten zur Geldvermögensbildung im Jahr 2023 zeigen, dass zinsbedingt vor allem gebundene Einlagen...

Understanding factors that drive asset demand is central to explaining movements in long-term real interest rates. In this paper, we begin by documenting that much of the increase in the demand for assets in the US in the 30 years prior to Covid represented greater desire to hold assets by...

We study behavioral responses to personal wealth taxes in Colombia. We utilize tax microdata from 1993 to 2016 linked with the leaked Panama Papers to investigate offshoring to the country's key tax havens. We leverage variation from discrete jumps in tax liability and four major reforms to the...

Using administrative data on wealth, firm ownership structure, and migration in Sweden and Denmark, we document international migration patterns among the very wealthy, their impact on the economy, and how they respond to wealth taxation. We show that more than 20% of taxpayers liable to pay...

This paper explores the relationships between air pollution, income, wealth, and race by combining administrative data from U.S. tax returns between 1979-2016, various measures of air pollution, and sociodemographic information from linked survey and administrative data. In the first year of our...

Von der renommierten Philosophin und Ökonomin Ingrid Robeyns: Ein revolutionäres Konzept zur Begrenzung exzessiven Reichtums, das eine gerechtere Welt für alle schaffen würde. Wenn die Armen ärmer werden, merken wir es alle: an zunehmender Obdachlosigkeit oder Schlangen vor der...

We investigate the impact of financial windfalls on household portfolio choices and risk exposure. Exploiting the randomized assignment of lottery prizes in three Swedish lotteries, we find a windfall gain of $100K leads to a 5-percentage-point decrease in the risky share of household...

"Moving from coin flipping to real world investing, there's a large body of evidence suggesting that investors also do a poor job when it comes to sizing major financial decisions. One example is that in aggregate, individual investors severely under-perform market returns. Some of this...

Il Rapporto sociale descrive, tramite una serie di indicatori statistici, il fenomeno della povertà reddituale e patrimoniale in Ticino. Gli indicatori studiati mostrano come il tema sia complesso e, in questo senso, come la sola quantificazione di chi vive sotto la soglia di povertà, per...

"All human societies, from prehistory through to today, have been characterized by some degree of economic inequality. Arguably, complex societies would not have thrived if they had been unable to concentrate and redistribute resources effectively. We frequently talk about the top 5% or 1% today...

One hallmark of U.S. monetary policy since the early 1980s has been moderation in inflation (at least, until recently). How has this affected household well-being? The paper first develops a new model to address this issue. The inflation tax on income is defined as the difference between the...

By studying intersections among new cults of wealth, ritually empowered amulets and professional spirit mediumship--which have emerged together in Thailand's dynamic religious field in recent decades--Capitalism Magic Thailand explores the conditions under which global modernity produces new...

"Mansa Moussa régna au début du XIVe siècle sur l'empire du Mali. Il est considéré comme l'homme le plus riche de tous les temps. Son règne montre que la richesse et la fortune sont des réalités qui ont une signification, une symbolique et une histoire en Afrique. Aujourd'hui, alors que...

Vor dem Hintergrund eines sich beständig ändernden Steuersystems stellt sich für einenUnternehmer kontinuierlich die Frage sowohl nach der optimalen Rechtsform und Gewinnverwendungfür sein Unternehmen als auch nach der optimalen Aufteilung seines Vermögenszwischen Privat- und...

Abstract: The objective of this study is to provide a comprehensive measure of shifts in welfare in post-apartheid South Africa by examining changes in both income and non-income welfare between 1993 and 2005. Previous research using expenditure or consumption-based measures of income has shown...

In this paper, the extent and determinants of coverage in the Swiss occupationalpension scheme (second pillar) and private savings scheme (third pillar) are analysed withdata from the Swiss Labour Force Survey. Estimates for coverage in the second pillar (whichis income-dependent) has, in total,...

Mobilien-Leasingfonds stellen eine relativ junge Kapitalanlageform dar, die einer hohen Einkommensteuerbelastung unterliegenden Privatpersonen eine Beteiligungsmöglichkeit als Kommanditisten an einer GmbH & Co. KG bietet, deren Gesellschaftszweck im Ankauf und der Weitervermietung einer...