Financing innovation

WR Kerr, R Nanda - Annual Review of Financial Economics, 2015 - annualreviews.org
We review the recent literature on the financing of innovation, inclusive of large companies
and new start-ups. This research strand has been very active over the past five years …

[HTML][HTML] Saving and wealth inequality

M De Nardi, G Fella - Review of Economic Dynamics, 2017 - Elsevier
Why are some people wealthy while others are poor? To what extent can governments affect
inequality? Which instruments should they use? Answering these questions requires …

Artificial intelligence and entrepreneurship: Implications for venture creation in the fourth industrial revolution

D Chalmers, NG MacKenzie… - … Theory and Practice, 2021 - journals.sagepub.com
This article explores the ways artificial intelligence (AI) may impact new venture processes,
practices and outcomes. We examine how such technology will augment and replace tasks …

Progressive wealth taxation

E Saez, G Zucman - Brookings Papers on Economic Activity, 2019 - muse.jhu.edu
This paper discusses the progressive taxation of household wealth. We first discuss what
wealth is, how it is distributed, and how much revenue a progressive wealth tax could …

Monetary policy according to HANK

G Kaplan, B Moll, GL Violante - American Economic Review, 2018 - aeaweb.org
We revisit the transmission mechanism from monetary policy to household consumption in a
Heterogeneous Agent New Keynesian (HANK) model. The model yields empirically realistic …

Heterogeneity and persistence in returns to wealth

A Fagereng, L Guiso, D Malacrino, L Pistaferri - Econometrica, 2020 - Wiley Online Library
We provide a systematic analysis of the properties of individual returns to wealth using 12
years of population data from Norway's administrative tax records. We document a number …

[PDF][PDF] 高房价如何影响居民储蓄率和财产不平等

陈彦斌, 邱哲圣 - 经济研究, 2011 - econ.ruc.edu.cn
内容提要: 本文构建了一个包含房价高速增长, 住房需求内生和生命周期特征的Bewley 模型,
用于研究高房价对中国城镇居民储蓄率和财产不平等的影响. 我们发现, 房价的高速增长通过 …

The facts of economic growth

CI Jones - Handbook of macroeconomics, 2016 - Elsevier
Why are people in the richest countries of the world so much richer today than 100 years
ago? And why are some countries so much richer than others? Questions such as these …

Use it or lose it: Efficiency and redistributional effects of wealth taxation

F Guvenen, G Kambourov, B Kuruscu… - … Quarterly Journal of …, 2023 - academic.oup.com
How does wealth taxation differ from capital income taxation? When the return on
investment is equal across individuals, a well-known result is that the two tax systems are …

Rich pickings? Risk, return, and skill in household wealth

L Bach, LE Calvet, P Sodini - American Economic Review, 2020 - aeaweb.org
We investigate wealth returns on an administrative panel containing the disaggregated
balance sheets of Swedish residents. The expected return on household net wealth is …