France is seeing its wealth-to-income levels rise to Japan's level because it is becoming harder for people to save and build wealth.
Tim Sepp
Tim Sepp teaches economics at the University of Leipzig.
Latest work
Inequality and social mobility are hotly debated issues. One important indicator of social mobility are wealth-to-income ratios. If a country’s wealth-to-income ratio is high, the country is not...
Christine Lagarde, the new president of the European Central Bank (ECB), has added a new green dimension to monetary policymaking. The charming Frenchwoman signaled that the ECB could buy green bonds...