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The spenders-hoarders theory of capital accumulations, wealth distribution and fiscal policy
(Fundação Getulio Vargas. Escola de Pós-Graduação em Economia, 2007-09-21)
This paper proposes a simple OLG model which is consistent with the essential facts about consumer behavior, capital accumulation and wealth distribution, and yields some new and surprising conclusions about fiscal policy. ...
A Game Theoretic Model of Wealth Distribution
(Springer, 2018-12)
In this work, we consider an agent-based model in order to study the wealth distribution problem where the interchange is determined with a symmetric zero-sum game. Simultaneously, the agents update their way of play trying ...
The joint distribution of income and wealth in Uruguay
(Udelar. FCS, 2017)
This paper analyzes the joint distribution of income and wealth in Uruguay, and compares it to that of Chile, Spain and the U.S. using data from Surveys of Household Finances and Wealth. First, we analyze income and wealth ...
Top incomes, wealth and inheritance: special issue in homage to Tony Atkinson
(Springer, 2018-06)
In the second of the three issues that the Journal of Economic Inequality is publishing in honour of Sir Anthony Barnes “Tony” Atkinson, we turn to what has become one of the most dynamic areas of research in recent years, ...
Hyper-fortunes and superrich: why does wealth tax make sense
(Comisión Económica para América Latina y El Caribe, Chile, 2020)
This article proposes a model to estimate the wealth of the richest groups in society
and to design an efficient wealth tax system. For design and implementation
issues, it reviews comparative international experience ...
Adolescents’ conceptions of wealth and societal fairness amid extreme inequality: An Argentine sample.
(American Psychological Association, 2019-03)
This study examined how Argentine adolescents’ judgments about the fairness of their society are related to their perceptions of actual and ideal societal wealth distribution, just world beliefs, and trust in political ...
The Challenge of Measuring UK Wealth Inequality in the 2000s
(Blackwell Publishing, 2016-03)
The concentration of personal wealth is now receiving a great deal of attention - after having been neglected for many years. One reason is the growing recognition that, in seeking explanations for rising income inequality, ...
Accumulation, inheritance and wealth distribution: first estimates of the untold half
(Udelar. FCEA. Iecon, 2022)
While wealth accumulation and its distribution are arguably two of the key drivers of overall economic inequality and of major importance in their own right, very little is known about them in the developing world. I ...
Optimal risk in wealth exchange models: Agent dynamics from a microscopic perspective
(Elsevier Science, 2021-03)
In this work we present a new type of microscopic analysis for two well-known wealth exchange models that have been deeply studied at the macroscopic level for the past decades. This approach allowed us to study and classify ...
The portfolio choice channel of wealth inequality
(Universidad de Chile, 2021)
This paper studies how di erences in portfolio choice between households help explain the
highly unequal wealth distribution seen in the data. It has been well documented that participation
rates are substantially smaller ...