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Die vorliegende Studie untersucht drei Aspekte der Wohlstandsverteilung in Deutschland: Die Verteilung der … Grundvermögen, der Geldvermögen und der Einkommen. Der Schwerpunkt liegt auf der Analyse der Verteilung der Grundvermögen und der … Geldvermögen. Hier werden zentrale neue Erkenntnisse erarbeitet. Bei der Analyse der Einkommensverteilung steht die Kritik an den …
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In his 2014 book, Thomas Piketty argues that wealth inequality is sharply increasing in r-g and refers to rg as ‘the central contradiction of capitalist economics', where r is asset returns and g is real income growth. To assess whether inequality is increasing in the (r-g)-gap this paper: 1)...
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The Cambridge UK vs USA capital theory debates of the 1960s showed that the workhorse mainstream growth model relies on unsustainable assumptions. Its standard interpretation is not consistent with the last four decades of data. Part of an estimated increase in the ratio of personal wealth to...
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In this article, the author uses a version of the neoclassical growth model with overlapping generations of individuals to investigate the effect of aging on wealth inequality. When an economy’s population becomes older—that is, when the proportion of individuals 65 years of age...
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