G2TT
来源类型Discussion paper
规范类型论文
来源IDDP16660
DP16660 A Safe Harbor: Wealth-Income Ratios in Switzerland Over the 20th Century and the Role of Housing Prices
Isabel Z. Martínez; Enea Baselgia
发表日期2021-10-21
出版年2021
语种英语
摘要We estimate the ratio of private wealth to national income, βpt, for Switzerland over the period 1900–2018. Our results indicate that the development of βpt in Switzerland did not follow a U-shaped pattern as in most European countries, but that the evolution was extraordinarily stable, with βpt oscillating around 500% over most of the 20th century. However, the wealth-income ratio has been on the rise since the turn of the century to reach 721% in 2017—a level unprecedented in the past. This considerable increase is mainly driven by large capital gains in housing wealth since 2010. We present new cross-country evidence that capital gains in housing wealth have become an important driver of rising wealth-income ratios in a series of developed economies.
主题Economic History ; Macroeconomics and Growth ; Public Economics
关键词Wealth-income ratio Income distribution Economic growth Housing prices
URLhttps://cepr.org/publications/dp16660
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/545598
推荐引用方式
GB/T 7714
Isabel Z. Martínez,Enea Baselgia. DP16660 A Safe Harbor: Wealth-Income Ratios in Switzerland Over the 20th Century and the Role of Housing Prices. 2021.
条目包含的文件
条目无相关文件。
个性服务
推荐该条目
保存到收藏夹
导出为Endnote文件
谷歌学术
谷歌学术中相似的文章
[Isabel Z. Martínez]的文章
[Enea Baselgia]的文章
百度学术
百度学术中相似的文章
[Isabel Z. Martínez]的文章
[Enea Baselgia]的文章
必应学术
必应学术中相似的文章
[Isabel Z. Martínez]的文章
[Enea Baselgia]的文章
相关权益政策
暂无数据
收藏/分享

除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。