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.

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

This paper presents new results on the relationship between education expansion and income inequality. While human capital theory suggests that income inequalit

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