Piketty's r>g implies an increase in capital-output ratio and in the share of capital income in net output. But it still does not guarantee the increase in personal income inequality. We derive the conditions for the "pass-through" from the rise in the share of capital income to greater personal income inequality. They have to do with the concentration of income from capital and its association with higher overall income. A key way to break the "pass-through" is to diversify ownership of capital ("people's capitalism")
Thomas Piketty’s Capital in the Twenty-First Century proposes a critical analysis of the dynamics of...
Despite disincentive effects, it is more efficient to tackle inequality by general equality promotio...
This article presents a methodology designed to facilitate alternative variables measuring economic ...
Piketty's r>g implies an increase in capital-output ratio and in the share of capital income in net ...
A central question of economics has been: how do we explain the distribution of income among factors...
This inquiry seeks to establish that, in his Capital in the Twenty-First Century, Thomas Piketty adv...
French economist Thomas Piketty's bestseller, Capital in the TwentyFirst Century, provocatively clai...
Thomas Piketty’s evidence on wealth distribution trends in Capital in the Twenty- First Ce...
Thomas Piketty’s Capital in the Twenty-First Century (2014) has been spectacularly successful. One r...
Exploring the determinants of growing income inequality, I show how constant capital income shares a...
In Capital in the 21st Century, Piketty takes a central liberal claim about economic inequality seri...
In his influential book Capital in 21st Century, Thomas Piketty gathered historical data to understa...
The relationship between economic development and income inequality is not neutral vis-à-vis the rol...
French economist Thomas Piketty’s bestseller, Capital in the TwentyFirst Century, provocatively clai...
In his book, Capital in the 21st Century,Thomas Piketty highlights the risk of an explosion of wealt...
Thomas Piketty’s Capital in the Twenty-First Century proposes a critical analysis of the dynamics of...
Despite disincentive effects, it is more efficient to tackle inequality by general equality promotio...
This article presents a methodology designed to facilitate alternative variables measuring economic ...
Piketty's r>g implies an increase in capital-output ratio and in the share of capital income in net ...
A central question of economics has been: how do we explain the distribution of income among factors...
This inquiry seeks to establish that, in his Capital in the Twenty-First Century, Thomas Piketty adv...
French economist Thomas Piketty's bestseller, Capital in the TwentyFirst Century, provocatively clai...
Thomas Piketty’s evidence on wealth distribution trends in Capital in the Twenty- First Ce...
Thomas Piketty’s Capital in the Twenty-First Century (2014) has been spectacularly successful. One r...
Exploring the determinants of growing income inequality, I show how constant capital income shares a...
In Capital in the 21st Century, Piketty takes a central liberal claim about economic inequality seri...
In his influential book Capital in 21st Century, Thomas Piketty gathered historical data to understa...
The relationship between economic development and income inequality is not neutral vis-à-vis the rol...
French economist Thomas Piketty’s bestseller, Capital in the TwentyFirst Century, provocatively clai...
In his book, Capital in the 21st Century,Thomas Piketty highlights the risk of an explosion of wealt...
Thomas Piketty’s Capital in the Twenty-First Century proposes a critical analysis of the dynamics of...
Despite disincentive effects, it is more efficient to tackle inequality by general equality promotio...
This article presents a methodology designed to facilitate alternative variables measuring economic ...