This article reviews the recent literature on the dynamics of global wealth inequality. I first
reconcile available estimates of wealth inequality in the United States. Both surveys and tax …

This survey discusses how capital should be taxed in advanced economies. We review the
theoretical optimal tax literature, survey empirical studies on the distribution of capital and …

For the first time in history, the globe is dominated by one economic system. Capitalism
prevails because it delivers prosperity and meets desires for autonomy. But it also is …

A pioneering book that takes us beyond economic debate to show how inequality is
returning us to a past dominated by empires, dynastic elites, and ethnic divisions. The …

Measuring and understanding the evolution of wealth inequality is a key challenge for
researchers, policy makers, and the general public. This paper breaks new ground on this …

This paper uses population register data on inheritances and wealth in Sweden to estimate
the causal impact of inheritances on wealth inequality. We find that inheritances reduce …

The growing significance of housing to wealth inequality in Western societies is now well
recognised and widely debated. This paper argues that understanding of the nature and …

This paper studies the interaction between the long-term dynamics of aggregate household
wealth and the wealth distribution in Europe and the United States. We do so by building the …

Business cycle dynamics shape the wealth distribution through asset price changes, saving
responses, or a combination of both. This paper studies the implications of housing booms …

German history over the past 125 years has been turbulent. Marked by two world wars,
revolutions and major regime changes, as well as a hyperinflation and three currency …