| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP14020 |
| DP14020 Hidden Wealth | |
| Neil Cummins | |
| 发表日期 | 2019-09-24 |
| 出版年 | 2019 |
| 语种 | 英语 |
| 摘要 | Sharp declines in wealth-concentration occurred across Europe and the US during the 20th century. But this stylized fact is based on declared wealth. It is possible that today the richest are not less rich but rather that they are hiding much of their wealth. This paper proposes a method to measure this hidden wealth, in any form. In England, 1920-1992, elites are concealing 20-32% of their wealth. Among dynasties, hidden wealth, independent of declared wealth, predicts appearance in the Offshore Leaks Database of 2013-6, house values in 1999, and Oxbridge attendance, 1990-2016. Accounting for hidden wealth eliminates one-third of the observed decline of top 10% wealth-share over the past century. |
| 主题 | Economic History ; Public Economics |
| 关键词 | Hidden wealth Inequality Economic history Big data Tax evasion |
| URL | https://cepr.org/publications/dp14020 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/542905 |
| 推荐引用方式 GB/T 7714 | Neil Cummins. DP14020 Hidden Wealth. 2019. |
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