Uploaded March 2018 | Updated September 2026, 2 weeks ago
Max Franks, lead author from the Potsdam Institute for Climate Impact Research, on the study. To reduce wealth inequality without diminishing the economic performance of a country, a policy package of bequest taxes and land value taxes could be the optimal solution. It is the first analysis to include the so far neglected factor of land for tackling wealth inequality. Land is of great interest for studying inequality as climate change might increase land prices and thereby affect housing costs.
Article: Max Franks, David Klenert, Anselm Schultes, Kai Lessmann, Ottmar Edenhofer (2018): Is Capital Back? The Role of Land Ownership and Savings Behavior. International Tax and Public Finance [DOI:10.1007/s10797-018-9486-3]
Find more: pik-potsdam.de/news/press-releases/wealth-inequality-closing-the-gap-by-taxing-land-and-bequests?set_language=en
Max Franks, lead author from the Potsdam Institute for Climate Impact Research, on the study. To reduce wealth inequality without diminishing the economic performance of a country, a policy package of bequest taxes and land value taxes could be the optimal solution. It is the first analysis to include the so far neglected factor of land for tackling wealth inequality. Land is of great interest for studying inequality as climate change might increase land prices and thereby affect housing costs.
Article: Max Franks, David Klenert, Anselm Schultes, Kai Lessmann, Ottmar Edenhofer (2018): Is Capital Back? The Role of Land Ownership and Savings Behavior. International Tax and Public Finance [DOI:10.1007/s10797-018-9486-3]
Find more: pik-potsdam.de/news/press-releases/wealth-inequality-closing-the-gap-by-taxing-land-and-bequests?set_language=en
