Wealth inequality and wealth returns heterogeneity

Grant Type: academic

Grant Year: 2017

Grant Amount: $50,000

Grant description:

Recent research has clearly shown that the inequality of labor earnings, by itself, is not enough to explain the inequality of wealth. Utilizing a series of remarkable administrative records on the population of Norway from 1995 to 2015, where individuals are subject to both income and wealth taxation, this research seeks to fill a gap in our knowledge by addressing both our theoretical understanding of how wealth is accumulated and our empirical understanding of the distribution of wealth across individuals and households.

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