We provide a systematic analysis of the properties of individual returns to wealth using twelve years of population data from Norway’s administrative tax reco

Theoretical and empirical analysis of the structure of household portfolios.

Academic finance has had a remarkable impact on many financial services. Yet long-term investors have received curiously little guidance from academic financial

Thomas Piketty's Capital in the Twenty-First Century puts forth a logically consistent explanation for changes in income and wealth inequality patterns. However

Volume 32 of the NBER Macroeconomics Annual features six theoretical and empirical studies of important issues in contemporary macroeconomics, and a keynote add