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Heterogeneity and Persistence in Returns to Wealth

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NBER2016-11-01 更新2025-01-04 收录
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https://www.nber.org/papers/w22822
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We provide a systematic analysis of the properties of individual returns to wealth using twenty years of population data from Norways administrative tax records. We document a number of novel results. First, in a given cross-section, individuals earn markedly different returns on their assets, with
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2016-11-01
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