Wealth distribution and accounting for changes in wealth inequality: empirical evidence from India, 1991–2012
Sign Up to like & getrecommendations! Published in 2020 at "Economic Change and Restructuring"
DOI: 10.1007/s10644-020-09290-9
Abstract: Despite its fast rise on the world stage and rapid economic growth, there has been a dramatic increase in wealth inequality in India in recent years. Nonetheless, the issue of wealth inequality and wealth distribution… read more here.
Keywords: household; wealth inequality; wealth; effect ... See more keywords
Household wealth inequality, entrepreneurs’ financial constraints, and the great recession: evidence from the Kauffman Firm Survey
Sign Up to like & getrecommendations! Published in 2018 at "Small Business Economics"
DOI: 10.1007/s11187-017-9906-2
Abstract: We empirically test if household wealth inequality affects borrowing constraints of young entrepreneurs. We construct a measure of wealth inequality at the US county level based on the distribution of financial rents in 2004. We… read more here.
Keywords: wealth inequality; wealth; household wealth; entrepreneurs financial ... See more keywords
Is the Relationship of Wealth Inequality with the Real, Financial and Housing Cycle Country-Specific?
Sign Up to like & getrecommendations! Published in 2019 at "Atlantic Economic Journal"
DOI: 10.1007/s11293-019-09630-9
Abstract: Relying on the methodology of deviation cycle dynamics, we analyze whether the association of wealth inequality measures and the real, financial and housing cycle are nationally idiosyncratic. Making use of recently available long time series… read more here.
Keywords: financial housing; wealth inequality; real financial; wealth ... See more keywords
Macroeconomic determinants of wealth inequality dynamics
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DOI: 10.1016/j.econmod.2019.10.001
Abstract: Abstract The evolution of wealth inequality over the long run depends on income growth, inflation, and interest rates. In this paper, we examine, in a dynamic setting, the effect of these three macroeconomic variables on… read more here.
Keywords: determinants wealth; wealth inequality; inequality dynamics; macroeconomic determinants ... See more keywords
Wealth inequality and financial inclusion: Evidence from South African tax and survey records
Sign Up to like & getrecommendations! Published in 2020 at "Economic Modelling"
DOI: 10.1016/j.econmod.2020.02.001
Abstract: Abstract Theoretical models show that financial inclusion reduces wealth inequality. Existing empirical models are restricted to estimates using income inequality because of a lack of cross country wealth inequality data. We used 2010-11 and 2014-5… read more here.
Keywords: wealth inequality; financial inclusion; south african; inequality ... See more keywords
Wealth inequality, democracy and economic freedom
Sign Up to like & getrecommendations! Published in 2018 at "Journal of Comparative Economics"
DOI: 10.1016/j.jce.2018.01.002
Abstract: Using a novel panel data set from the Credit Suisse on the top wealth shares for 46 sample countries spanning 2000–2014, this paper empirically investigates to what extent wealth inequality influences economic freedom and whether… read more here.
Keywords: freedom; democracy; wealth inequality; economic freedom ... See more keywords
The effects of monetary policy on income and wealth inequality in the U.S. Exploring different channels
Sign Up to like & getrecommendations! Published in 2020 at "Structural Change and Economic Dynamics"
DOI: 10.1016/j.strueco.2020.07.002
Abstract: Abstract We assess the effects of monetary policy shocks on income and wealth inequality through direct inequality measures and by analyzing several transmission channels explored in recent literature. Furthermore, we analyze two additional channels: the… read more here.
Keywords: policy; wealth inequality; monetary policy; inequality ... See more keywords
Chronic frames of social inequality: How mainstream media frame race, gender, and wealth inequality
Sign Up to like & getrecommendations! Published in 2022 at "Proceedings of the National Academy of Sciences of the United States of America"
DOI: 10.1073/pnas.2110712119
Abstract: Significance How social inequality is described—as advantage or disadvantage—critically shapes individuals’ responses to it. As such, it is important to document how people, in fact, choose to describe inequality. Using multiple methods and research contexts,… read more here.
Keywords: chronic frames; race gender; wealth inequality; social inequality ... See more keywords
Simulating trends in housing wealth inequality in post-socialist Czech society
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DOI: 10.1080/02673037.2020.1729961
Abstract: Abstract The goal of this paper is to predict, by using microsimulation modelling under alternative market scenarios, housing wealth inequality in Czech society up to the year 2050. These predictions can be useful for assessing… read more here.
Keywords: wealth inequality; housing; inequality; society ... See more keywords
Tax compliance and wealth inequality
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DOI: 10.1080/13504851.2019.1646859
Abstract: ABSTRACT In this work, we theoretically approach optimal taxing in a public good provision context in a society where wealth is Pareto distributed. Our main result shows that high levels of wealth inequality yield lower… read more here.
Keywords: wealth inequality; tax compliance;
Social Comparison and Wealth Inequality in a Leveraged Asset Market
Sign Up to like & getrecommendations! Published in 2020 at "Journal of Behavioral Finance"
DOI: 10.1080/15427560.2020.1786092
Abstract: Abstract We hypothesize that upward social comparison of asset holdings among traders exacerbates leveraged asset bubbles because traders shift their frame of reference from profit maximization toward quantity maximization, increasing price momentum. In addition, asset… read more here.
Keywords: social comparison; wealth inequality; asset;