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Financial wealth, systemic risk and captive monetary
policy worldwideJosé L. Nicolini-Llosa and Ezequiel GuerraInstituto de Investigaciones Económicas
Buenos Aires University
A Simple Model
A Simple Model (cont.)
Rentiers' Wealth and Income Share of Top 1% of the Population Worldwide
Rentiers' Wealth and Income Share of Top 1% of the Population Worldwide (cont.)
Rentiers' Wealth and Income Share of Top 1% of the Population Worldwide (cont.)
Rentiers Worldwide Wealth to GDP ratio and Top 1% Income
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
0.5
0.6
0.7
0.8
0.9
1.0
1.1
1.2
1.3
1.4
0.06
0.08
0.10
0.12
0.14
0.16
0.18
0.20
Rentiers Wealth/GDP
Top 1% Income Share - Forecast
Top 1% Income Share - Actual Data
Source: Table 1