From Nobel Prize-winning economist and bestselling author Joseph Stiglitz, this account of
the dangers of free market fundamentalism reveals what has gone so wrong, but also shows …

The macroeconomic data of the last fifty years have overturned at least two of Kaldor's
famous stylized growth facts: constant interest rates, and a constant labor share. At the same …

Do wealthier households save a larger share of their incomes than poorer ones? We use
Norwegian administrative panel data on income and wealth to answer this empirical …

The purpose of these Distributional National Accounts (DINA) guidelines is to present the
concepts, data sources and methods used in the World Inequality Database (WID). 1 The …

The purpose of these DINA Guidelines is to present the concepts, data sources and methods
used in the World Wealth and Income Database (WID. world, http://WID. world). These …

This note was revised on September 30, 2020 to correct the second column of Panel B of
Table B, which erroneously reported the mean of inheritance assets that were received or …

This article first describes the main developments in measuring the upper tail of the income
and wealth distributions over the last twenty years. Second, it points out some of the key …

I introduce a new way of decomposing the evolution of the wealth distribution using a simple
continuous time stochastic model, which separates the effects of mobility, savings, labor …

The US income tax does a poor job of taxing the income from wealth. This chapter details
four approaches to reforming the taxation of wealth, each of which is calibrated to raise …

This paper investigates why the upsurge of top income shares has coincided with economic
slowdowns in the US since the late 1970s. I argue that a fast-growing unearned income from …