Wealth Inequality and Private Savings: The Case of Germany

Wealth Inequality and Private Savings: The Case of Germany
This paper explores the interaction between corporate ownership concentration and private savings, and by extension, the current account balance in Germany. As high corporate savings largely reflected capital income accruing to wealthy households and increasingly retained in closely-held firms, the buildup of external imbalances in Germany has... READ MORE...

Publication date: June 2020
ISBN 9781513546063
$18.00

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